News

* Dollar bulls cut long positions after nonfarm payrolls * U.S. wage fall offsets brisk job growth * Aussie rises to near one-month high vs USD * Trade slow with Japan closed for public holiday By Ian Chua SYDNEY, Jan 12 (Reuters) – The greenback eased slightly in Asia on Monday as dollar bulls struggled Read More

DailyFX.com – 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: 11599, 11527, 11411 Resistance:11699, 11796, 11874 The Dow Jones FXCM US Dollar Index turned lower as expected, with a bearish Evening Star candle pattern of deeper losses in Read More

By Wayne Cole SYDNEY (Reuters) – The U.S. dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, while oil prices showed no sign of escaping their downward spiral. Share markets were mostly lower following a soft finish on Wall Street though Read More

By Wayne Cole SYDNEY (Reuters) – The U.S. dollar took a dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, though turnover was light with Tokyo on holiday. Share markets were mixed following a soft finish on Wall Street though sentiment was supported by Read More

By Wayne Cole SYDNEY (Reuters) – The U.S. dollar took an early dip on Monday as Asian investors caught up with a benign payrolls report and the subsequent slide in Treasury yields, though turnover was light with Tokyo on holiday. Share markets were opening lower following a soft finish on Wall Street though sentiment was Read More

Encouraged by U.S. growth and the prospect of higher interest rates, investors have sent the dollar surging-a welcome development after years of decline on the heels of loose Federal Reserve monetary policy. It’s also made it more affordable for Americans to pack their bags and travel the world. But the renewed power of the dollar Read More

Following the U.S. jobs report on Friday, the dollar strengthened against the euro. It declined slightly against the yen. The U.S. j ob picture held steady in December, with the U.S. economy creating 252,000 jobs for the end of the year, while the unemployment rate dropped to 5.6 percent. This extends the longest run of Read More

Now that the U.S. dollar is trading at its highest level in about nine years, wary investors may consider an inverse exchange traded fund to hedge against a sudden turn. The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) , which tracks the U.S. dollar movements against the euro, Japanese yen, British pound, Canadian dollar, Read More

Investing.com – Investing.com – The dollar remained near 12-year highs against the other major currencies on Friday, as growing optimism over the strength of the U.S. economic recovery continued to support the greenback and investors eyed a highly anticipated U.S. employment report due later in the day. The dollar remained broadly supported after data Read More