Dollar gains against majors.

by ForexAmericas.com | December 19, 2008 7:20 am
Market View for Dec 19, 2008   Today we have witnessed spectacular moves in foreign exchange once again.  Today’s market has been a dollar positive across the board, with the dollar regaining ground against the Euro and...

The Fed cuts main U.S rates to record lows.

by ForexAmericas.com | December 18, 2008 3:38 am
The Federal Reserve cut the main U.S. interest rate target to a range of 0 to .25% (record lows), surprising markets and giving traders the green light to sell the U.S. Dollar across the board. The Fed...