Euro May Fall to 3-Week Low Against Dollar
The euro may fall to a three-week low against the dollar within the next two weeks after the currency dropped below so-called support around $1.4075, according to Bank of Tokyo-Mitsubishi UFJ Ltd., citing trading patterns.
Gold hovers below $US930 amid investor caution
Gold prices were little changed on Tuesday, hovering below $US930 per ounce as growing caution over a sustainable recovery in the global economy helped halt the US dollar's fall against major currencies.
Oil plunges below $64 on fears recovery may lag
Oil prices plunged nearly $3 to below $64 a barrel Monday as dismal unemployment figures from the U.S. and Europe last week sparked investor doubts about any nascent economic recovery.
Technical Analysis EUR/USD - July 7, 2009
Euro/Dollar failed to continue the upward movement on Monday. The currency couple reached a top at 1.3997, descended down to 1.3887, and closed the day at 1.3981.
US should plan 2nd fiscal stimulus
The United States should be planning for a possible second round of fiscal stimulus to prop up the economy, a member of the U.S. government's economic advisory panel said on Tuesday.
Australia leaves key interest rate unchanged
Australia's central bank left its key interest rate unchanged for the third month at 3 percent Tuesday, citing a stabilizing global situation and stronger-than-expected domestic economy.
AUD Jumps To New Multi-day Highs Against Most Majors
During Asian deals on Tuesday, the Australian dollar climbed to new multi-day highs against its U.S., European and Canadian counterparts as the Reserve Bank of Australia retained its cash rate at 3% as expected. The official cash rate now stands
USD Weekly Commentary 07/03/09
In the holiday shortened week, the US dollar index carved out a 1.8% gain helped by a resurgence in risk aversion in the wake of a weak employment report for June released on Thursday. But data through the week raised questions over the strength
USD/JPY Drop and Rise
The pair is falling in early trading this week, but is likely to encounter support by 95.30. If that fails, 95.00 is the support level beyond.Once getting into this support area, a bounce is likely. A continued fall would be quite bearish.
EUR/USD Heading Higher?
Read the latest expert analysis written by industry professionals. Check out this site for up to date analysis on the eur/usd pair.
U.S. Senate turns aside new attempt to scrutinize Fed
The U.S. Federal Reserve, facing growing pressure as it tries to heal the ailing economy, dodged a bullet on Monday when the U.S. Senate cast aside a new effort to increase scrutiny of the central bank.
Greenback Rallies vs. Most Rivals but Loses Against Yen
The U.S. dollar remained higher against most major currencies Monday except the Japanese yen, as uncertainty over a global economic recovery prompted investors to buy currencies perceived as less risky.


