Tag: US Dollar
Forex Market Outlook – May 9th 2014
Overview
Without any overarching themes, country-specific factors have been the most notable influences in the last fortnight. Generally, the USD has been on the defensive....
Weekly FX Commentary: April 23rd 2014
Overview
During the last two weeks replete with holidays, major currencies were relatively moribund, although the markets maintained an eye on Russia and the Ukraine....
Dollarization Explained
Sometimes, too much volatility in a currency can cause economic problems for the countries connected with the currency. In most cases, volatility is harmful...
Global Weekly Forex Overview and Commentary
Global Weekly Forex Overview
Fed Chairwoman Yellen’s first press conference was today. She forecast growth no more than 3%, and the Fed will continue to...
Putin’s War Games Boost USD and Gold
Market View – MahiFX
This post is brought to you in association with MahiFX, a leading forex broker and platform developer based in New Zealand...
The Dilemma of Kicking the Can
Yes, the US Government is back in normal operation. Yes, the US Government averted default in their credit obligations. Yes, the US Government unlocked...
US debt deal hopes boost USD, AUD
Raised expectations that the US government will reach a deal to avoid defaulting on debts has seen risk return to the markets, with the...
The US Dollar Index Explained – Part 2
Yesterday, we explained what the US Dollar Index is, and how it is calculated. Because it's an average of various currency pairs, rather than...
Dollar Index Stays Flat Ahead of Next Week’s Fed Meeting
Disappointing economic data from the euro zone caused the euro to fall this morning, with the news that industrial output contracted in July. Meanwhile,...
Yen Slumps as Russia Proposes Syria Crisis Solution
After rallying strongly last week amid rising tensions over the Syria issue, the safe-haven yen slumped to a three and a half month low...
Risk Aversion Subsides, Dollar Soars Against Yen
With concerns about a possible American-led military strike in Syria subsiding over the weekend, the dollar rallied strongly against the yen, hitting a one-month...
Major Currencies: The New Zealand Dollar (NZD)
The New Zealand dollar, known to currency traders as the 'Kiwi', NZ$, or by the ISO code NZD, is the official currency of New...
USD Rises Against JPY as Syria Tensions Ease
With President Obama notably failing to commit to any firm plans for military action in Syria, tensions in the market have eased slightly, pushing...
Syria Stand-Off Puts Markets in Risk-Aversion Mode
The recent events in Syria have put markets in a spin, with investors nervous about the impact that a wider war might have. With...
Major Currencies: The US Dollar (USD)
From a forex trader's perspective, the US dollar is by far the most important currency to consider, being the most widely used currency for...
Dollar Hits Lowest Level For 7 Weeks
The US dollar has taken something of a battering this week, after 5 consecutive losing sessions. Uncertainty over Fed tapering, signs of improvement in...
AUD Climbs Against the Dollar on Chinese Trade Balance Report
There was good news and bad news for the Australian economy this morning. Instead of gaining the expected 6.2K jobs in July, the Australian...
Forex News: pound, PFG forex, EUR/USD
GBP/USD under pressure
After a consolidation in Asia, GBP/USD is under pressure heading into the European session. It was traded down to an intraday low...