Currency Trading & Investing News Blog

» Currencies: U.S. dollar up after June jobs data disappoint

Disappointing U.S. jobs data spark moves in the foreign-exchange market, with the dollar losing ground against the Japanese yen but trading higher against the euro.

Posted: Thu, 02 Jul 2009 15:14:00 -0500

» Currencies: Dollar slips versus euro as equities rise

The dollar loses ground to the euro but gains versus the yen as equity markets move higher and amid mixed economic data out of the U.S.

Posted: Wed, 01 Jul 2009 15:45:00 -0500

» Currencies: Dollar gains, heads for quarterly loss

Investors bid the dollar higher as they assess a trio of economic reports on home prices, manufacturing and consumer confidence. The greenback has lost about 6% versus its rivals this quarter.

Posted: Tue, 30 Jun 2009 14:44:00 -0500

» Currencies: Dollar holds ground amid economic uncertainty

The greenbackinches up versus major rivals, amid continued concerns that the world economy's rebound may yet be disappointing.

Posted: Mon, 29 Jun 2009 16:35:00 -0500

» Currencies: China calls for new reserve currency, dollar slips

The dollar slips after China repeats call for new reserve currency.

Posted: Fri, 26 Jun 2009 15:42:00 -0500

» Currencies: Dollar's gains vanish as commodities win the day

The decline was mostly felt vs. the euro as investors turned to commodities and U.S. stocks.

Posted: Thu, 25 Jun 2009 16:00:00 -0500

» Currencies: Dollar gains traction after data, Fed

The dollar recovers from recent losses and gains some steam versus major rivals, getting a lift from some upbeat economic data while traders await the outcome of the Fed's two-day meeting.

Posted: Wed, 24 Jun 2009 17:31:00 -0500

» Currencies: U.S. dollar drops in run-up to Fed's statement

The U.S. dollar falls sharply against most other major currencies Tuesday, as uncertainty ahead of the next day's Federal Reserve announcement puts the greenback under strong selling pressure.

Posted: Tue, 23 Jun 2009 16:03:00 -0500

» Currencies: Dollar gains vs. euro and pound, but slips vs. yen

The euro loses ground against the U.S. dollar, but the yen gains after World Bank warns on global growth.

Posted: Mon, 22 Jun 2009 15:43:00 -0500

» Currencies: Dollar slides versus euro as risk appetite returns

Dollar loses ground to the euro, feeling modest pressure as rising global equity markets point to a rise in willingness among investors to hold riskier assets.

Posted: Fri, 19 Jun 2009 15:56:00 -0500

» Dollar picks up haven support

The dollar and yen gained steadily on Thursday as risk aversion pushed investors towards haven currencies following the release of US jobs data

Posted: Thu, 2 Jul 2009 22:49:43 +0100

» Overview: US jobs data sideline risky investments

Investors recoiled from more daring assets after a sharp drop in US employment set back hopes for a quick revival of the world's largest economy

Posted: Thu, 2 Jul 2009 22:19:47 +0100

» China to allow renminbi trade payments

Beijing moves towards reducing reliance on the US dollar with new rules that will enable importers and exporters to settle their payments to select Chinese companies in renminbi

Posted: Thu, 2 Jul 2009 18:04:34 +0100

» ECB puts pressure on banks

Eurozone official interest rates were left unchanged at 1 per cent by the European Central Bank as policymakers await signs of the region's economic recovery gaining momentum

Posted: Thu, 2 Jul 2009 18:54:02 +0100

» Overview: Upbeat data fuel risk appetite

Global risk appetite gathered steam as the second half of the trading year began and investors digested manufacturing reports from the major economies

Posted: Wed, 1 Jul 2009 22:52:32 +0100

» View of the Day: The dollar fairytale

The concern that government deficits and debt will sink the dollar is a "fairytale", says Gabriel de Kock at JPMorgan

Posted: Wed, 1 Jul 2009 17:15:46 +0100

» Insight: Risks of currency intervention

The return of 'dirty floating' poses risks for both policymakers and investors, says Mansoor Mohi-uddin at UBS

Posted: Wed, 1 Jul 2009 17:06:41 +0100

» US private sector sheds 473,000 jobs

US companies cut nearly a half million jobs last month as the recession continued to cut into the labour market in spite of other recent signs of hope in the economy

Posted: Wed, 1 Jul 2009 14:00:42 +0100

» UK economy shrinks most in 50 years

The UK economy shrank by 2.4% in the first quarter, the most fall in more than half a century, according to revised figures that were much weaker than originally estimated

Posted: Tue, 30 Jun 2009 23:31:10 +0100

» Overview: Strong quarter for equities ends on dull note

Disappointing US consumer confidence data offer a timely reminder of the headwinds facing the global economy

Posted: Tue, 30 Jun 2009 22:31:45 +0100

» OECD urges plan to control spending

Any recovery in the UK is highly dependent on the restoration of stability in its badly damaged financial sector, according to an in-depth report on the state of the British economy

Posted: Tue, 30 Jun 2009 04:09:06 +0100

» Eurozone economic confidence rebounds

Eurozone economic confidence recovered more than expected this month, even with idle capacity in the region's industrial sector at a record high, according to a European Commission survey

Posted: Tue, 30 Jun 2009 00:11:01 +0100