Weekly Outlook — Dollar Under Heavy Selling Pressure

Here are the latest Financial News: Last week’s currency trading review The Dollar was sold aggressively after the FOMC statement suggested the US Central Banks was considering expanding unconventional easing measures if the US economy weakens further. Stock markets reacted very positively and... Read the article »

EU Morning Report – USD consolidates ahead of FOMC rate decision!

Here are the latest Financial News: USD consolidates ahead of FOMC rate decision! The Dollar Traded mixed yesterday and US stock markets continued to gain in the US session even as European Debt worries heated up overnight to allow a modest rally in risk trades. The gains in the stock markets are mainly... Read the article »

EU Morning Report – Japan intervenes in the currency markets to weaken the JPY!

Here are the latest Financial News: Japan intervenes in the currency markets to weaken the JPY! The Dollar Traded weaker yesterday as the market is speculating that the FED may introduce new Quantitative Easing measures up to the amount of $1 trio as early as November. August Retails Sales were strong... Read the article »

EU Morning Report – Renewed EU Bank Capital concerns spook markets!

Here are the latest Financial News: Renewed EU Bank Capital concerns spook markets! The US Dollar traded more with a risk aversion tone and weighed on the EUR/USD the Dollar gained against most pairs except however against the Japanese Yen and the Swiss Franc. The aversion followed through from a Wall... Read the article »

EU Morning Report – ISM Manufacturing beats expectation, USD strengthens!

Here are the latest Financial News: ISM Manufacturing beats expectation, USD strengthens! The Dollar Traded strong as Chinese manufacturing data sent stocks higher in Asia and Europe and this accelerated in the US session on better than expected August ISM data at 56.3 vs. 55.5 previously. We also released... Read the article »