The dollar was almost flat against the yen and the euro in Asian trade Monday, with investors avoiding taking strong positions ahead of Federal Reserve Chairwoman Janet Yellen’s testimony before Congress later this week. The dollar Read More
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Talking Points: US Dollar Slowly Inching to Challenge Key Range Bottom S&P 500 Renews Upside Push, Sets Another Record High Gold 3-Month Support at Risk, Crude Oil Digesting Gains Can’t access the Dow Jones FXCM US Dollar Index? Try the USD basket on Mirror Trader. ** US DOLLAR TECHNICAL ANALYSIS – Prices may have finally Read More
To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11740, 11653, 11513 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index may have finally started to turn lower as expected following the appearance of a bearish Evening Star Read More
If the value of America’s currency continues to climb, that panic could soon trickle down to Florida’s real estate industry. Analysts say the dollar’s dramatic rise — its value is up nearly 15 percent during the past six months — already is putting a crimp in home deals in many of the state’s top Read More
Investing.com – Investing.com – The dollar was mostly lower against the other major currencies on Friday, as markets awaited the release of U.S. manufacturing data later in the day after recent economic reports fuelled uncertainty over the strength of the nation’s recovery. Sentiment on the dollar remained vulnerable after the Federal Reserve Bank of Read More
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By Joseph Adinolfi, MarketWatch ICE Dollar Index closes lower for fourth straight week NEW YORK (MarketWatch) — The euro closed higher against the dollar Friday, but finished lower on the week, after the Eurogroup announced it had agreed to a four-month extension of Greece’s bailout. The shared Read More
Bucking the weak trend in Indian shares, the rupee on Friday closed with a gain of 12 paise against the American currency at 62.22 on selling of dollars by banks and exporters. Forex traders said participants bet against the dollar ahead of talks between Greece and Eurozone on bailout terms. The rupee resumed higher at Read More
Investing.com – Investing.com – The dollar remained higher against the other major currencies on Friday, supported by upbeat U.S. manufacturing data and as market sentiment broadly weakened amid mounting fears over Greece’s debt troubles. Preliminary data showed that the U.S. manufacturing purchasing managers’ index rose to 54.3 this month from 53.9 in January, beating Read More
Investing.com – Investing.com – The dollar regained ground against the other major currencies on Friday, as market sentiment broadly weakened amid mounting fears over Greece’s debt troubles, while investors awaited the release of U.S. manufacturing data later in the day. The euro pushed lower against the dollar, with EUR/USD down 0.41% to 1.1321 as Read More