The Market is Bullish on the Dollar throughout January 2009

by | January 7, 2009 4:44 pm
The USD has gained much support lately as it extends gains against most of its currency counterparts, primarily the EUR and JPY. Barack Obama’s announced stimulus package has done its part in boosting investor confidence that the...

Forexpros,.com Daily Reports

by | January 7, 2009 3:58 pm
Today’s US Dollar Trading •    USD reverses from early highs, makes lows in some pairs•    Equities better but USD/JPY fails to gain•    Technical objectives met Daily Analysis

by | January 6, 2009 10:38 pm
Overnight Asia/Europe •    USD firmer overnight•    Stops seen in most pairs lifted USD•    Liquidation of GBP crosses continues

Dollar Expects High Volatility Today

by | January 6, 2009 5:16 pm
A potential $300 billion tax cut that includes business incentives proposed by the incoming Obama administration sparked hefty gains for the Dollar. The new economic package could provide a much needed spark for the U.S. economy. Daily Analysis

by | January 5, 2009 9:22 pm
Overnight Asia/Europe •    Early USD weakness gives way to strength•    Equities mixed, Oil firmer•    Speculation two-way on what will happen early in the year

Markets Move Rapidly During Low-Volume Holiday Trading

by | December 31, 2008 6:34 pm
Forex traders may have noticed this week that currency prices are moving much more rapidly than normal. With the holiday season, most banks are coming and going from the market, and money is being pulled out by...

Stagnant Markets Leave Opportunities for Forex Traders

by | December 30, 2008 6:15 pm
The approaching year end and illiquid forex market has produced large short term price movements. Traders may find opportunities to profit from these quick price spikes by closely following their hourly chart. With many large market makers...

The End of 2008: Beginning of another Great Depression?

by | December 29, 2008 4:39 pm
For the first time in decades economists are saying that we are heading for another Great Depression. With stocks continually sliding, sales dropping, and almost all global economies contracting simultaneously, these economists may not be far off...

Weak Dollar to Continue into 2009

by | December 24, 2008 7:38 pm
The weak U.S. economy continues to preoccupy investors as the economic outlook is bleak. Analysts believe that the Dollar will continue its downtrend deep into 2009, despite the recent Interest Rate cuts and stimulus packages.