Market Notes: Last days of 2009 the market is unpredictable. For example:· We’re used to an oil-CAD correlation, however today we see crude oil future prices are climbing up, but the CAD is a weakest currency of...
USD Risk appetite returned on Tuesday in another lightly traded session that saw the Dollar fall to higher yielding currencies such as the Canadian and Australian Dollars. The last minute showing comes as there is some speculation...
Market Notes: As we’ll be technical this week, pay attention to these pairs:AUD/JPY- AUD is a strongest currency of the day and JPY is a weakest. The pair has reached its downtrend resistance line. Breaking of 82...
USD In very light trading due to Japanese and European holidays, the US Dollar was mixed as investors thought about the future of the Dollar after several weeks of rallies. The prospects for the future of the...
GBP The British Pound Sterling fell on Wednesday after the release of the Bank of England’s policy meeting minutes were released. The transcripts showed that all nine members of the Bank’s Monetary Policy Committee voted in favor...
USD The US Dollar continued to do well in very light trading on Tuesday, holding on to meager gains in response to a moderate rise in US Treasury Bond yields. The Dollar did have a hard time...
USD Monday saw the Dollar continue its recent rally as investors who had shorted the Greenback earlier in the year were closing out their positions before the end of year holidays. In an extremely lightly traded session,...
Market Notes: Japan’s interest rate was left unanimously at 0.1% level. We think that Japan will wait for US rate to rise first before they increase theirs.EUR/CHF crossed 1.50 level for the first time since SNB (Swiss...
USD As the end of the year approaches, investors who sold off the Dollar during the year seem to be returning with a fury. The Dollar rose, albeit slightly on Friday, hitting eight month highs against the...
EUR The Euro fell to largest one-day slide it has seen since early July against the Dollar, and was battered just the same versus other majors on Thursday. The fall happened on recent worries about public finances...
