US Dollar Index Ends 2008 Up 7% Following Year of Record High Volatility

US Dollar Index Ends 2008 Up 7% Following Year of Record High Volatility and the Collapse of Modern FinanceEuro Ends Year Down Slightly Against US Dollar as EUR/GBP Dictates Price Action Japanese Yen Ends Wednesday Mixed, Finishes 2008 as Biggest Gainer of the Year
US Dollar Index Ends 2008 Up 7% Following A Year of Record […]


Dollar Mixed Against Majors, while Commodities Pick Up Light Gains in Year End

Dollar Mixed Against Majors, while Commodities Pick Up Light Gains in Year End
The dollar displayed a bit of strength recovering from losses in yesterday’s session. The EurUsd fell 85pips through 1.40, while the UsdJpy rose 41pips to the high range of 90. The GbpUsd posted significant gains up 185pips seeing resistance at 1.46, the pair […]


Dollar and Yen Gained in 2008 as Risk Aversion Spiked

Dollar and Yen Gained in 2008 as Risk Aversion Spiked
The dollar gained against most major currencies in the New Year Eve’s thin trading. US equity markets rose for a second day, trimming losses at the end of the markets’ worst year since the Great Depression. US initial jobless claims declined more than expected, while continuing […]