Stocks Close Out Week Strong, Dollar Rallies Against the Majors
Stocks Close Out Week Strong, Dollar Rallies Against the Majors
The dollar resurged in intraday trading posting strong gains against the majors as the risk aversion trend continues influence market movements. The EurUsd sunk 200 pips to the low range of 1.27, while the UsdJpy declined roughly 60 pips finding support at 98. The GbpUsd collapsed […]
US Dollar Brushes Off Dismal Consumer Confidence, Housing Starts - Rebound In Store Next Week?
US Dollar Brushes Off Dismal Consumer Confidence, Housing Starts - Rebound In Store Next Week?US Dollar Brushes Off Dismal Consumer Confidence, Housing Starts - Rebound In Store Next Week?Euro Hurt By Interest Rate Outlook, But Is It Bound to Recover?British Pound: UK Fundamentals Remain Bearish, But Technicals Signal Potential StrengthCarry Trades: Commodity Dollars Face Heavy […]
The Close of the Week and Trading Remains of Low Volume!
The Close of the Week and Trading Remains of Low Volume!
A fundamental free calendar with calm trading was witnessed today after the USD was able to gain against majors with the rebound seen in stock markets. Yet even with the fundamentals concerning the housing sector being released from the US today, the dollar is still […]