Currency Trading & Investing News Blog

» Dollar slips against the yen in night trading (AP)

The dollar fell slightly against the Japanese yen late Tuesday night in New York. The greenback slipped to 93.82 yen from the 94.01 yen it bought in late afternoon trading.

Posted: Wed, 7 Jan 2009 02:45:21 Etc/GMT

» Dollar rises vs pound in late trading (AP)

The dollar rebounded somewhat against the British pound in late New York trading Tuesday night. The pound dropped to $1.4885 from $1.4939 in late afternoon trading on Tuesday.

Posted: Wed, 7 Jan 2009 02:40:29 Etc/GMT

» Dollar higher versus euro in late trading (AP)

The dollar continued rising against the euro late Tuesday night in New York. The 16-nation currency traded at $1.3491, down from $1.3523 in late afternoon trading on Tuesday.

Posted: Wed, 7 Jan 2009 02:36:17 Etc/GMT

» Euro Crosses: Corrective Rallies Will Offer Bearish Trades (Daily FX)

-euro / British Pound significant reversal? -EURCHF resistance begins at 1.5150/75 -EURNZD reversal from 2.50 beginning of year + weakness?

Posted: Tue, 6 Jan 2009 22:19:05 Etc/GMT

» Euro Falters as CPI Suggests ECB Will Cut Rates (Forex Video) (Daily FX)

The euro tumbled as Euro-zone CPI estimates show that inflation has fallen below the ECB's 2.0% target, adding to speculation that the bank will cut rates next week. However, the British pound gained along with the commodity dollars, despite indications that the BOE will reduce rates on Thursday - why?

Posted: Tue, 6 Jan 2009 21:55:43 Etc/GMT

» Forex Wrapup 01.06.09 (Daily FX)

Posted: Tue, 6 Jan 2009 21:48:21 Etc/GMT

» Dollar up versus euro, yen, down versus pound (AP)

The dollar traded higher against the euro and yen Tuesday but dropped against the pound amid mixed readings on the U.S. economy and as markets awaited monetary policy action in Europe.

Posted: Tue, 6 Jan 2009 21:27:38 Etc/GMT

» US Dollar Gains Against Euro, Yen Despite Dismal Data, Slump Versus High Yielders (Daily FX)

- Euro Plummets as Euro-zone CPI Falls to More Than 2-Year Low, Suggest ECB Will Cut Rates January 15 - British Pound Rallies Despite Signs of Impending BOE Rate Cut on Thursday - Commodity Dollars Dominate as Risk Appetite Leads Carry Trades Higher

Posted: Tue, 6 Jan 2009 21:13:35 Etc/GMT

» SMSC Reports Third Quarter Fiscal 2009 Financial Results (Business Wire)

HAUPPAUGE, N.Y.----SMSC today announced financial results for its fiscal third quarter ended November 30, 2008. Sales and revenues for the quarter were $84.3 million, a decrease of 13.3 percent sequentially and 19.5 percent when compared to the prior year.

Posted: Tue, 6 Jan 2009 21:00:00 Etc/GMT

» Dollar rises on weak European data (CNNMoney.com)

The dollar continued its rise against the euro Tuesday as negative economic reports punished the European currency.

Posted: Tue, 6 Jan 2009 17:56:00 Etc/GMT

» A Clear Channel And Immunity To Risk Trends Stabilizes AUDCAD Range (Daily FX)

A rebound in risk appetite has thrown many, former ranges into disarray. However, the AUDCAD congestion we have pointed out will both benefit from a sustained rise in yield demand and even a tumble back into risk aversion.

Posted: Tue, 6 Jan 2009 16:57:58 Etc/GMT

» Cot 01/06 (Daily FX)

NZD: The NZD 13 week index has turned from 100 but the 52 week index is at 37 and increasing.

Posted: Tue, 6 Jan 2009 16:53:24 Etc/GMT

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