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The Canadian dollar rose for a second straight session against its U.S. counterpart on Friday
as month-end demand overtook initial disappointment from soft U.S. economic news. More...
The dollar hit its lowest since November against the Japanese yen on Friday as data showed growth in the world's largest economy is slowing, reinforcing expectations for low U.S. interest rates into 2011.
More...
USD/CAD (a daily chart of which is shown) as of Friday (7/30/2010) has once again hit the bottom of a large triangle consolidation pattern after having traded just below key 1.0400 resistance More...
GBP/USD (a daily chart of which is shown) as of Friday (7/30/2010) has consolidated above 1.5500, a prior resistance region that was broken to the upside earlier in the week. More...
This week, EUR-USD firmed again somewhat to 1.30, even touching 1.31 briefly. The euro also rose slightly against most non-European currencies. The main reason for the movement was the diverging economic climate: both the macro data for the euro area and More...
The dollar hit multi-month lows against the yen and Swiss franc on Friday on concerns U.S. economic growth data would reinforce signs the world's largest economy is slowing and on a Fed policymaker's dovish comments.
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The USD was mixed against the major pairs on the last day of the month. The dollar managed a reprieve against the Euro with euro weakness attributed to month-end redemption flows from Spanish debt. More...
10:00 GMT- July 30 (global-view.com) Comments by St. Louis Fed president Bullard Thursday hard a disproportionately large impact on market sentiment. Bullard has generally been thought to be one of the more hawkish policy board members but warned about th More...
The Canadian dollar finished higher against the greenback on Thursday after seesawing through the session but ultimately rising on firmer commodity markets and a broadly weaker U.S. dollar.
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USD/JPY (a 4-hour chart of which is shown) as of Thursday (7/29/2010) has once again descended to approach the 7-month low in the 86.25 price region More...
The euro rallied above $1.3100 to a 12-week high against a broadly weaker dollar on Thursday as supportive European data prompted investors to bet the European economy is on a better track compared with the United States.
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US equities fell sharply after opening, but largely recovered and the index is currently down 0.2%. Minor negative news, which may have contributed to the move, included a number of US company earning results missing analyst estimates, a fraud probe into More...
20:00 GMT- July 29 (global-view.com) The USD continued to list lower on Thursday, but might have gotten some support from heavy equity prices. There was talk that SNB was in again unloading excess EUR accumulated through forex intervention in the EURCHF More...
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