Started 1 day, 10 hours ago (2009-12-29 10:40:00)
by GFTforex's Avatar
Currency trading with the greenback Today is only a three-day week for U.S. financial markets , and that expectation is keeping the U.S. dollar down in forex trading. In currency trading, the greenback is struggling right now as stocks improve due to the
Santa Claus Rally .
MarketWatch reports on the reason for the drop in the U.S. dollar :
"With just a three-day week in which...
Started 2 weeks ago (2009-12-16 10:30:00)
by GFTforex's Avatar
Risk trade passes Australian dollar by in
currency trading The Aussie has plunged in forex trading on the currency market today. After leading risk currencies for much of the year, the Australian dollar is now heading lower. Indeed, the risk trade has taken off on European news , but the Aussie has been left out.
GFT's Boris Schlossberg explains in FX360 why the Australian dollar ...
Started 2 weeks, 2 days ago (2009-12-14 10:20:00)
by GFTforex's Avatar
Signs of consumer confidence are returning to the U.S. economy There are signs that consumer confidence is returning to the U.S. economy . Even though the
U.S. dollar is down today on the news that Abu Dhabi will bail out Dubai (the risk trade is back in vogue), there is nevertheless whisperings that the dollar isn't down as much as it could be. This is because recent news is supporting the ...
Started 3 weeks, 2 days ago (2009-12-07 10:40:00)
by GFTforex's Avatar
Pound continues to struggle overall in
forex trading The sterling continues to experience setbacks in currency trading on the FX market . Indeed, with the U.S. dollar rallying heavily right now, the pound is struggling in forex trading.
And it is likely that the pound will continue to have a difficult time in forex trading. GFT's Boris Schlossberg reports in FX360 on the sterling ...
Started 1 month, 1 week ago (2009-11-23 10:30:00)
by GFTforex's Avatar
Greenback retreats in forex trading The greenback is retreating in forex trading on the
currency market today as profit taking ensues. The U.S. dollar is seeing a great deal of profit taking after last week's gains. This week, though, it is expected that the greenback will continue lower in forex trading, for reasons beyond Fed member James Bullard 's remarks about the U.S. dollar.
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