US dollar news

US Dollar at Risk for Further Declines versus Euro on FX Positioning Euro Will Struggle to Develop a Trend with Greece Back in the Headlines Japanese Yen: Speculation for Intervention to Intensify Ahead of BoJ British Pound May Rise as Bank of England Releases Meeting Minutes Swiss Franc Vulnerable As SNB Threat Grows Canadian Dollar on Pace for Parity Against the US Dollar Australian Dollar May b…

The dollar put in for a cliff hanger end to the trading week. In an otherwise quiet market, the greenback finally broke from the bonds of congestion that a few prominent pairs have maintained for weeks, and in one case, months. Yet, for those that are trying to discern the currency’s direction, it may surprise them that the move break was a bearish one.

The greenback and Japanese yen weakened across the board on Friday versus most of their major counterparts. In Asia, the single currency traded with a firm undertone following Thurday's strong rise. Traders later reacted to earlier news of President Obama had picked San Francisco's Fed President Jan...

  Japanese Yen: Speculation for Intervention to Intensify Ahead of BoJ Fundamental Forecast for Japanese Yen: Bearish - Current Account Surplus Widens on Rising Exports - 4Q GDP Expands Less-Than-Expected - Machine Tool Orders Jump at Record-Pace in February The Japanese Yen continued to pare the sharp rally from February, with the USD/JPY crossing back above the 50-Day SMA (90.44) to reach a…

As we suggested last week, risk appetites improved a bit further this past week and most risky assets advanced, with the notable exception of precious metals and commodities. In FX, the clear standouts were the JPY crosses, like EUR/JPY, CAD/JPY and AUD/JPY, which all moved above recent highs. Solid data out of China and the US supported the notion that the global recovery is on track, though many…

Friday, March 12th, 2010 Recap: The Euro rallied above 1.3735 for the first time in four-weeks as the worries about Greece receded to end the week, the Euro-zone posted stronger than expected produ...

US preliminary reading of its Uni. of Michigan Confidence plunged to 72.5; worse than the forecasted 74.0 and the prior reading of 73.6, knowing that the economic conditions fell to 80.8 in March from 81.8 in February and 81.1 in January and the economic outlook plummeted to 67.2 from 68.4 in Februa...

Daily Video Technical Update: EUR/JPY, GBP/JPY, USD/JPY, AUD/JPY, CAD/JPY FX Times/CMS Forex http://www.fxtimes.com http://www.cmsfx.com Analyst: Fan Yang, CTA

 The USD/JPY reversed earlier gains as it looks to continue the current bullish trend. Last week we pointed out a divergence between the pair and equity markets as an opportunity. We finally saw the expected yen weakness as the pair caught up with rising equity markets soaring over 200 pips. Dollar/yen has seen its correlation with risk jump to 48% from 34% a month ago as the pair continues t…

The U.S economy released its Retail Sales Report for the month of February coming in better than markets projections of -0.2% to reach 0.3% and higher than the previous 0.5% which got revised to 0.1%, meanwhile Retail Sales Excluding Autos rose from the previous 0.6% that got revised to 0.5% to reac...

The US dollar strengthened against a basket of currencies overnight, but gave back its gains after mixed economic data. Data from the Commerce Department said retail sales unexpectedly rose 0.3% in February as consumers bought an array of goods from necessities to luxury items. The Commerce Department also reported January business inventories were unexpectedly flat. Inventories are a key componen…

FXstreet.com (London) - The pound has retaken its bull trend against the Dollar in the final US... For more information, read our latest forex news.

Bearish price action on USD/CAD, a daily chart of which is shown, has finally made a tentative breakdown below the key 1.0200 support level after respecting this level several times this week. Friday's (3/12/2010) breakdown of 1.0200 establishes a new 19-month low for this pair.

What's more important: A jump in retail sales data that you'd have bet the bank would decline amid February's winter snowstorms, or the proposed appointment of a dove as number two at the Fed? With the dollar apparently weakening ahead of the report on rumors that San Francisco Fed President would be nominated as vice chairman to Ben Bernanke, investors began to wonder if ever short term interest …

The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched towards a potential bust-up over Beijing's currency regime. The latest rhetorical salvoes underlined how long-running friction caused by the yuan's de facto dollar peg could come to a head next month when U.S. President Barack Obama's administration decides whe…

FXstreet.com (London) - Despite a jerky initial reaction, EUR/USD has been largely uneffected by... For more information, read our latest forex news.

Simultaneous Release at www.thegeekknows.com Good day Koalas. It is CASH THE PIPS FOR BEER day! With the numerous data released today, we had quite a bullish run up. As the week comes to a close, let us see how is the currency pair doing so far. The EUR/USD continues it’s bullish momentum and tested the strong [...]

After the US retail sales figures from February, the dollar is rebounding against the ounce of gold. Right now, the pair is trading at 1106.57 dollars per ounce, getting closer to the pivot point at 1103.60, before the psychological level at 1110.

At 18:00 CET, the US Treasure Secretary, Tim Geithner, will give a press conference, where the main themes will be more details about the financial reform and the US economy outlook.

USD/CHF closed lower on Thursday and the low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain neutral to bearish hinting that a long-term high might be in or is near.

GBP/USD closed higher due to short covering on Thursday. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI remain neutral to bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted.

USD/JPY closed higher on Thursday as it extends the rally off last week's low. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term.

EUR/USD closed higher on Thursday while extending the trading range of the past five weeks. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term.

Strong Canadian employment figures have sent the loonie on a rally, breaking the July 2008 resistance level against the greenback and heading towards parity. Data for February showed the unemployment rate dropping from 8.3% to 8.2%, while the employment change result was largely as expected (20.9k actual vs. 20k forecast).

FXstreet.com (Barcelona) - Dollar rally from 90.15 low ahead of retail sales has reached a fresh... For more information, read our latest forex news.

FXstreet.com (Barcelona) - US business inventories remained unchanged in January, while the market... For more information, read our latest forex news.

FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.

US retail sales showed a surprise rise in February as consumers braved extreme bad weather to get to the shops

FXstreet.com (Barcelona) -Pound's rally from 1.5025 session low has extended about 150 pips jump on... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Reuters/Michigan Consumer Sentiment Index slipped to 72.5 in March's... For more information, read our latest forex news.

FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.

A follow -through higher on its Thursday strength has seen EUR pushing through the 1.3735 level, its Mar 03'10 high and challenging the 1.3787 level, its Feb 17'10 high in today's trading today. A decisive break and hold above the 1.3787 level will propel the pair further higher towards its Feb 09'10 low at 1.3838 where we expect a cap of its corrective recovery gains to turn it back lower again i…

The JPY, GBP and the CHF have all seen sharp movements this morning, while EUR/USD has attacked key technical resistance (now support) in the 1.3735/40 area. EUR/JPY has surged to an intraday high of 124.55 , though vs the USD the JPY has failed to hold its softer overnight levels. The weaker yen in Asia followed an intensification of speculation regarding the likelihood of more BoJ policy action …

FXstreet.com (Barcelona) - Euro rally from 1.3535/45 low on Tuesday and Wednesday has extended with... For more information, read our latest forex news.

The U.S. economy released its retail sales showing that they surpassed estimates, yet the dollar is declining as a result of anticipations that the Federal Reserve Bank will leave interest rates near zero throughout most of this year, therefore discouraging investors to buy the dollar. The Dollar In...

FXstreet.com (Barcelona) - Australian Dollar's bounce at 0.9110 low on Thursday has extended... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Dollar has shrugged off previous weakness and, after bottoming at... For more information, read our latest forex news.

FXstreet.com (Barcelona) - Retail sales in the US grew an unexpected 0.3% in February, thereby... For more information, read our latest forex news.

FXstreet.com (Barcelona) For more information, read our latest forex news. For more information, read our latest forex news.

FXstreet.com (London) - Gold bullion has steadied and now trades a consolidation phase ahead of US... For more information, read our latest forex news.

FXtstreet.com (Barcelona) - The USD/CHF recently fell almost 100 pips, breaking through the support... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Dollar retreat from 1.0320 high on Thursday has extended on Friday... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Dollar has dropped against the Yen European trade and pullback from... For more information, read our latest forex news.

The U.S. dollar slipped against a basket of major currencies on Friday ahead of U.S. retail sales and confidence reports. Retail sales are expected to show decline in February, while Michigan confidence to show improvement. The dollar index plunged today to 79.80 from the day\'s opening at 80.25 afte...

The parity EUR/USD get out of its triangle. The resistance at 1.37 has just been broken. We maintain to trade only long positions as far as the parity is above the last lowest at 1.3620. A break out of the highest of March 3rd at 1.3750 will offer a new buy signal.

FXstreet.com (Barcelona) - Pound's recovery from Wednesday's low at 1.4870 has extended with a... For more information, read our latest forex news.

On Thursday Yen weakened insignificantly against the Dollar on BoJ policy easing speculation. The currency couple rose from 90.22 up to 90.71, although Industry sentiment remained negative at nearly -70%, closing the day at 90.50. On the 3 hour chart the bearish channel remains intact and our anticipations are for the Dollar to continue strengthening in the short term. Going above Wednesday's peak…

FXstreet.com (Barcelona) - The Euro is soaring against the Dollar on European session once concerns... For more information, read our latest forex news.

Crude oil, gold and silver rebounded amid broad-based selling of the US dollar in what appeared to be a return to typical "risk on" trading in European hours.

FXstreet.com (Barcelona) - European markets have opened Friday's session with a slight bid tone,... For more information, read our latest forex news.

FXstreet.com (Barcelona) - Euro recovery from week-lows at 1.3535/45 area on Mar 9 and 10 has... For more information, read our latest forex news.

FXstreet.com (Barcelona) - The Euro has shrugged off weakness seen earlier on the week and recovery... For more information, read our latest forex news.

FXstreet.com (Barcelona) - Pound's decline from 1.5195 high on Monday has found support at 1.4870... For more information, read our latest forex news.

Pound/Dollar rose on Thursday although Interbank sentiment remained bearish at around -2%. The Cable increased from 1.4947 to 1.5085, closing the day at 1.5060. Today the Cable recovered to above 1.51, confirming the the short term bullish outlook. There are no major economic events today for UK, only the BoE MPC board member Dale speech at 11:00 GMT. Break bellow yesterday's bottom and nearest su…

The single currency maintained a firm undertone and a breach of overhead resistance at 1.3736 would signal another leg of corrective upmove from this month's low of 1.3433 has taken place and bring further gain to 1.3780/90, however, key daily resistance at 1.3840 should remain intact and yield retr...

EUR/USD Buy at 1.3672 SL 1.3640 TP 1.3749 USD/JPY Sell at 90.67 87 90.99 TP 89.95 GBP/USD Buy at 1.5028 SL 1.4996 82 1.5116 USD/CHF Sell at 1.0695 SL 1.0727 TP 1.0611

FXstreet.com (Barcelona) - Dollar strength seems to be losing steam and the Euro and other... For more information, read our latest forex news.

FXstreet.com (Barcelona) - Dollar recovery from 89.65 low on Mar 9 has found resistance at 90.80... For more information, read our latest forex news.

China has hit back at comments by US President Barack Obama that Beijing should change its currency strategy.

FXstreet.com (Barcelona) - Pound's recovery from Mar 10 low at 1.4870 has extended higher on Asian... For more information, read our latest forex news.