7165 Stories, most recent news story added 28 minutes ago
Interested in building your own SSI-based strategy? Request SSI data on or forex forum . Our sentiment-based forex trading strategies have bought aggressively into the US Dollar’s recent reversal against the Euro and British Pound, and the sharp shift in sentiment favors further EURUSD and GBPUSD losses.
The exchange rate would have been at 1.5 reais per U.S. dollar if the government hadn’t imposed the tax in October, Valor reported Mantega as saying. “We avoided a bubble in the stock and currency markets.”
The euro was lower against the dollar Tuesday while investors remained cautious about debt and credit problems in Greece and Spain.
Dec. 10 (Bloomberg) -- Investors should sell the euro against the dollar, targeting $1.35, according to Bank of Tokyo- Mitsubishi UFJ Ltd.’s top five currency trades for next year.
Dec. 10 (Bloomberg) -- The yen and the U.S. dollar weakened against the currencies of Australia and New Zealand after faster Australian job growth and prospects for higher rates prompted investors to seek higher-yielding assets. Asian stocks fell.
Dec. 15 (Bloomberg) -- The Australian dollar fell after the central bank said its decision to raise borrowing costs two weeks ago for a third straight month gives policy makers increased “flexibility” at future meetings.
(RTTNews) - Extending its early Tuesday Asian session's downtrend, the yen fell sharply against other major currencies at 11:45 pm ET. As of now, the yen is trading at a 4-day low of 145.15 against the pound.
The U.S. dollar recovers from earlier losses as traders assess U.S. jobless claims and the greenback's relationship with moves in and out of higher-yielding assets.
Dec. 15 (Bloomberg) -- Asian mining stocks rose as copper prices advanced. The Australian dollar weakened after the central bank damped speculation on higher interest rates.
FRANKFURT -(Dow Jones)- The European Central Bank and the euro zone's 16 national central banks continued their purchases of covered bonds Monday, bringing the total volume settled to date to EUR26.859 billion, out of a planned total of around EUR60 billion, ECB data showed Tuesday.
The dollar dropped against the euro in early European trading on Monday as worries eased over Dubai's debt problems, analysts said.
Dec. 12 (Bloomberg) -- Canada’s currency fell for the first week in three as crude oil, the nation’s biggest export, plunged and the central bank reiterated a conditional commitment to leave borrowing costs low.
Over the last few days of trading, the dollar index has been in a clear uptrend, helped by positive macroeconomic data coming from the U.S. economy.
(RTTNews) - The Canadian dollar that reached a 4-day high of 1.0556 against the US currency at 2:00 am ET Tuesday weakened thereafter. Currently, the loonie is trading at 1.0612 against the greenback with 1.068 seen as the next target level. The dollar-loonie pair closed yesterday's deals at 1.0589.
(RTTNews) - The euro dropped sharply against the dollar following the release of positive economic reports from the U.S. The common currency also saw weakness versus the pound.
I’d like to follow up on my last post ( Timing is Everything ...
I just finished reading a Wall Street Journal piece ( Central Banks ...
The Canadian Dollar has been one of the world’s top performers ...
It’s been a while since I last wrote about the Euro (October ...
Last week, I opined on the official US forex policy ( “Strong ...
My last update on the Japanese Yen was published on October 16 ...