USD Bearishness Set to Continue Today

by ForexCycle.com | March 6, 2009 10:31 am
Analysts expect the Dollar to fall further against its major currency crosses today, as the U.S. it expected to release some negative economic data, such as Unemployment Claims at 13:30 GMT. In the meantime, forex traders are...

European Rate Cuts to Determine Today’s Market

by ForexCycle.com | March 5, 2009 12:03 pm
One of the most important events for forex traders is a decision on short-term interest rates by central banks. Today, not 1, but 2 central banks are set to decrease interest rates by 50 basis points. The...

European Rate Cuts in the Foreground for Forex Traders

by ForexCycle.com | March 4, 2009 8:53 am
European rate cut decisions, like those expected tomorrow by the ECB and BoE, typically result in traders pricing-in the impact a day or two ahead of schedule. As such, we may be seeing the depreciation of the...

Forexpros.com Daily Analysis

by forexpros.com | March 4, 2009 8:37 am
Today’s US Dollar Trading •    USD whipsaws in two-way action, ends flat•    Yen above the 98.00 handle in light trade•    Stops in range drive action both ways

Additional Bailout for AIG May Prove to be USD-Positive

by ForexCycle.com | March 3, 2009 8:57 am
The USD rose to its highest level in 2 years against all of its major currency counterparts on speculation that the U.S. government would pour a further $30 billion into American International Group (AIG), fuelling safety buying...

Forexpros.com Daily Analysis

by forexpros.com | March 3, 2009 7:32 am
Today’s US Dollar Trading •    USD mixed to start Asia, firms in Europe•    BOK sells USD to support WON•    Stops in-range in most pairs, tech trading dominates

USDCAD Analysis – Mar 3, 2009

by ForexCycle.com | March 3, 2009 2:35 am
USDCAD breaks above 1.2765 resistance and reaches as high as 1.2933 level. Further rise to test 1.3015 long term key resistance is expected in a couple of days. A break above this level will indicate that the...

As the Global Economy Sinks the Dollar Rises to the Top

by ForexCycle.com | March 2, 2009 10:00 am
The USD may continue to strengthen on global economic weakness. As equity markets maintain their bearish momentum, the Dollar has shown considerable strength. The trend of buying Dollars over other major pairs could continue into this week...