After the Fed chairman, Mr,Bernanke announced buying MBS and other assets to boost the job market, the Dollar stumbled to the month’s lows to currently trade at 79.02. DX seems to be heading towards the historic support...
The USD/JPY pair fell precipitously during the session on Thursday as the Federal Reserve announced further quantitative easing going forward. The seemingly unlimited time frame that they are willing to participate in this action has certainly put...
The USD/CAD pair fell hard during the session on Thursday after the quantitative measures was announced by the Federal Reserve. Oil prices rose, and as such the Canadian dollar did as well. This pair fell obviously, and...
The GBP/USD pair rose during the session as the US dollar sold off in general. The Federal Reserve announced larger than expected and longer than expected quantitative easing measures during the Thursday session, and as such we...
The EUR/USD pair shot straight up during the session on Thursday as the Federal Reserve has expanded its monetary easing policy yet again. The pair closed at the top of the range for the session, and slammed...
AUD/USD rose during the session after more quantitative easing came out of the Federal Reserve on Thursday. The 1.05 level has been broken above now, and as such it does look like we’re going to continue much...
The dollar saw a mixed reaction against its main currency rivals yesterday, following the Fed’s decision to expand its bond buying program. Even though the move was widely anticipated, the market still saw substantial volatility, with the...
The Euro gained versus the US dollar in the previous European trading session as the German Constitutional Court rendered judgement in favor of the European Stability Mechanism, the Euro Zone’s bailout fund, clearing the way for Germany...
The German judges yesterday approved German participation in the ESM bailout fund, providing the Germans are responsible for no more than €190B. A number larger than the €190B would need to be approved by the Bundestag.
The EUR/USD pair rose again during the Wednesday session as the world awaits the Federal Reserve decision. This decision comes out later today, and it could provide more fuel for this rally. The 1.28 handle now looks...
