If you’re interested in day trading there are many possible solutions on the market. The benefits of day trading are varied and can differ greatly depending on the strategies that you employ. Imaging being able to trade stocks from a far away locale using just your laptop. Sound too good to be true? There are [...]
Risk Appetite Pressures Dollar The US dollar fell to a 14 month low against a basket of major currencies on Thursday. (Oct. 8, 2009) as rising stocks prompted an increase in risk appetite. The Aussie dollar rose due to strong employment data and the euro rose to a two week high of $1.48. Soft demand for [...]
Dollar’s Low Yields Prompts Selling After a three day display of relative strength the US dollar fell Tuesday and is now hovering near a one year low against a basket of major currencies. The dollar’s low yields prompted forex traders and investors to sell the greenback in advance of the FOMC meeting and the up coming [...]
10 November 2009
If you’re interested in day trading there are many possible solutions on the market. The benefits of day trading are varied and can differ greatly depending on the strategies that you employ. Imaging being able to trade stocks from a far away locale using just your laptop. Sound too good to be true? There are [...]
08 October 2009
Risk Appetite Pressures Dollar The US dollar fell to a 14 month low against a basket of major currencies on Thursday. (Oct. 8, 2009) as rising stocks prompted an increase in risk appetite. The Aussie dollar rose due to strong employment data and the euro rose to a two week high of $1.48. Soft demand for [...]
23 September 2009
Dollar’s Low Yields Prompts Selling After a three day display of relative strength the US dollar fell Tuesday and is now hovering near a one year low against a basket of major currencies. The dollar’s low yields prompted forex traders and investors to sell the greenback in advance of the FOMC meeting and the up coming [...]
21 September 2009
Dollar Gains on Euro The US dollar gained on Monday and pulled back from a one year low against the euro. The dollar rose almost 1% against the Japanese yen in light Asian trading. Many Asian financial centers were closed for holidays. An absence of economic data caused investors to take profits on currencies that have [...]
16 September 2009
Rising Optimism The US dollar hit new one year lows against the euro and other major currencies. Rising stocks and optimism about economic recovery pared safe haven demand and put downward pressure on the dollar. Increased industrial production and an increase in mergers and acquisitions cause Wall Street to rally further eroding demand for the dollar. Link [...]
13 August 2009
Euro Gains on Positive Data _The euro made gains on the US dollar as better than expected economic data from the Eurozone showed that growth returned to the two largest European economies, Germany and France. The dollar was also pressured by demand for higher yielding assets. The results of the FOMC meeting showed that the recession [...]
