The Dollar Pound Yen
The US Dollar and the Japanese Yen headed for the biggest weekly declines against the euro since May as U.S. housing starts rose and companies reported earnings that topped analysts’ estimates, boosting demand for higher-yielding assets.
The market is indecisive and lack of conviction as you have two distinct camps of bulls and bears
The market [...]
Low Confidence in the US Dollar
The Dollar Drops
Forex Traders and Trading Partners of the USA are losing their confidence in the US Dollar. This was expressed in the Forex Market last week. The bearish trend of the US Dollar was intact. The US Dollar continued to be traded at its lowest with the majors and in some cases it was [...]
Euro,Pound,Dollar & Yen
Forex News on the Euro, Pound, Dollar & Yen this week
There are several high impact Fundamental Forex News coming out this week. On Monday, we have the Euro Zone Current Accounts Report. This report which summarizes the flow of goods, services, income and transfer payments in and out of the Euro-zone nations to other [...]
Yen Raises
Nov. 14 (Bloomberg) — The yen rose, heading for weekly gains against the euro and the dollar, as a drop in U.S. retail sales prompted speculation investors will sell higher-yielding assets and pay back low-cost loans in Japan’s currency.
The dollar was poised for a second weekly gain versus an index of the currencies of six [...]