USD Under Pressure, Euro Tests 1.3100

Thursday, July 29th, 2010

U.S. Dollar Trading (USD) risk aversion helped the USD off lows but for most of the day the world’s reserve currency was under pressure with EUR/USD leading the market higher. Q2 Company results were a little weaker than expected but Weekly Jobless Claims fell to 457k vs.

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USD Under Pressure, Euro Tests 1.3100

USD/CHF: Assessing Possible Bottom

Monday, July 26th, 2010

Trying to find a bottom after a sharp decline is a dangerous endeavor. Traders liken it to “catching a falling knife”.

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USD/CHF: Assessing Possible Bottom

Dollar Weakness Across The Board As Risk Appetite Soars!

Friday, July 23rd, 2010

The Dollar was sold across the board as demand for the safe haven eased and the market bought stocks and commodities aggressively. Company Earnings were strong but economic data was a little weak with Weekly Jobless Claims at 464k vs

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Dollar Weakness Across The Board As Risk Appetite Soars!