Currency Newswire » US dollar

Dollar Update

admin — Wed, 09 Sep 2009 19:03:03 +0000

Looks like the ending diagonal is perhaps in the making as I suggested a few weeks back. It may be ending but somehow I think we’ll have a drumbeat of “dollar is doomed” stories for the next few weeks for the final waves.

Dollar Rockets After the FOMC

admin — Wed, 24 Jun 2009 19:36:28 +0000

The Greenback rose across the board after the FED decision to leave rates unchanged. EUR/USD fell below the intra-day low at 1.3950 to 1.3910. Below there, the next support lies at 1.3880. GBP/USD fell below 1.6400 to 1.6385 (intra-day low). The pair was at 1.6470 before the FOMC release. USD/JPY rose, reaching a fresh intra-day high at 96.00. Read more…

We Have Dollar Liftoff

admin — Wed, 24 Jun 2009 19:25:57 +0000

If anyone knows what the hell is going on with the market since the Fed release (aside from South Carolina Governor Sanford being a big fan of the Buenos Aires Hustler Club), please advise.

Technical Analysis for Major Currencies

admin — Mon, 11 May 2009 07:34:57 +0000

The Euro versus Dollar pair inclined sharply last Friday targeting 1.3585 where a breach of this level will open the way on the short term towards 1.3735. We expect the pair to touch this level today before correcting to the downside towards 1.3440 at the very most in an attempt…

FX Technical Analysis

admin — Mon, 11 May 2009 07:34:57 +0000

EURUSD Comment: Getting more interesting with a weekly close above 1.3600, above long term trendline resistance, and on of the highest closes this year. Similar formations in many other majors suggest generalised US dollar weakness takes hold this month – to the surprise of many who see this as ‘risk…

Swiss franc surges against majors (INO News)

admin — Sun, 10 May 2009 20:55:07 +0000

(RTTNews) – The Swiss currency edged sharply higher against its major rivals on Friday morning in New York. The alpine unit advanced to near a 1-1/2 month high of 1.1184 against the US dollar, new multi-week high of 88.63 versus the Japanese yen and a 4-day high of 1.6894 versus the pound by 8:35 am ET. The franc also inched higher to 1.5097 against the euro by this time.

Australian Dollar Poised to Break 0.7300 Against US Dollar (Daily FX via Yahoo! Finance)

admin — Sat, 02 May 2009 16:22:49 +0000

Continued rallies in global risky asset classes left the Australian Dollar higher against the US and New Zealand Dollars to end the week’s trade. Overall momentum favors further Aussie Dollar appreciation, and we believe that a break of 0.7300 is likely.

Swiss Franc Gains Versus Dollar Before Bank Stress-Tests Report (Bloomberg)

admin — Fri, 01 May 2009 20:53:18 +0000

May 1 (Bloomberg) — The Swiss franc gained against the dollar as investors sought safety before the Federal Reserve releases the results of stress tests on the biggest U.S. banks.

Greenback rises against Mexican peso (INO News)

admin — Fri, 01 May 2009 20:53:16 +0000

(RTTNews) – During New York morning trading on Friday, the US dollar climbed against the Mexican peso from a slight downtrend in previous session.

Mexican Peso Is Little Changed Versus Dollar, Posts Weekly Drop (Bloomberg)

admin — Fri, 01 May 2009 20:53:16 +0000

May 1 (Bloomberg) — The Mexican peso was little changed against the dollar as a government estimate that the economy shrank 7 percent in the first quarter offset a $3 billion loan from the Inter-American Development Bank to combat the swine flu.

Indian rupee climbs to 15-day high against US dollar (INO News)

admin — Fri, 01 May 2009 16:04:58 +0000

(RTTNews) – The Indian rupee edged higher to 49.35 against the US dollar at 3:20 am ET Friday. This set the highest point for the rupee since April 16. If the Indian currency gains further, 49.30 is seen as the next target level. The dollar-rupee pair closed Thursday’s New York deals at 49.65.

Euro, British Pound Diverge Against US Dollar as Prices Test Key Levels (Euro Open) (Daily FX via Yahoo! Finance)

admin — Fri, 01 May 2009 16:04:55 +0000

The Euro gained while the British Pound slipped lower against the US Dollar in overnight trading as the greenback tested the boundaries of its 9-month up trend while global equity markets hoped to break the downward trajectory that has characterized prices since October 2008.

Mexican Peso Is Little Changed Versus Dollar, Posts Weekly Drop (Bloomberg)

admin — Fri, 01 May 2009 15:45:56 +0000

Indian rupee rises to near 2-week high against dollar (INO News)

admin — Thu, 30 Apr 2009 15:31:21 +0000

(RTTNews) – The Indian rupee soared to a 13-day high of 49.45 against the US dollar before leveling off in early trading on Thursday. This may be compared to yesterday’s close of 49.97. If the rupee ticks up further, resistance is seen at the 49.3 level.

Canadian Dollar Forecast Bullish on Extreme Forex Sentiment (Daily FX via Yahoo! Finance)

admin — Thu, 30 Apr 2009 15:31:20 +0000

EURUSD – Euro Forecast Bullish Against US Dollar USDJPY – Japanese Yen Outlook Shifts on Major Price Moves GBPUSD – Forex Trading Systems Indecisive on British Pound USDCHF – Swiss Franc Expected to Rally Versus US Dollar USDCAD – Canadian Dollar Forecast Bullish Against US Dollar

British pound climbs to new multi-day highs against dollar and yen (INO News)

admin — Thu, 30 Apr 2009 15:31:18 +0000

(RTTNews) – During early European deals on Thursday, the British pound climbed to new multi-day highs against the US dollar and the Japanese yen despite a report showed that House prices in UK declined in April after a surprise increase in March.

Dollar weighted mean rate down against rouble in “tomorrow” deals (Itar-Tass)

admin — Thu, 30 Apr 2009 15:31:16 +0000

MOSCOW, April 30 (Itar-Tass) – The US dollar mean weighted exchange rate against the Russian rouble in “tomorrow” deals plunged by 27.51 kopecks and stood at 32.9740 roubles per one U.S. dollar in Thursday’s unified trading session as of 11.30 Moscow time.

US dollar recoups from 2-day low against Mexican peso (INO News)

admin — Wed, 29 Apr 2009 23:12:24 +0000

(RTTNews) – The US dollar declined to a 2-day low of 13.5618 against the Mexican peso in New York morning trading on Wednesday.

Swiss franc extends gains against dollar and yen (INO News)

admin — Wed, 29 Apr 2009 15:30:16 +0000

(RTTNews) – The Swiss franc extended its Asian session uptrend against the US dollar and the Japanese yen during early European deals on Wednesday. The franc thus climbed to a 2-day high against the dollar and a 5-day high versus the yen.

Chinese yuan hits 2-day high against US currency (INO News)

admin — Wed, 29 Apr 2009 15:30:10 +0000

(RTTNews) – The Chinese yuan showed strength against the US dollar during early deals on Wednesday. At 10:45 pm ET, the yuan reached a 2-day high of 6.8212 against the dollar. On the upside, 6.81 is seen as the next target level for the Chinese currency.