FreshPips.com / User / osker / Submitted

C$ weakens as greenback rises on Europe woes

posted by osker 537 days ago in USD, EUR, CAD

The Canadian dollar edged lower against the U.S. currency on Monday as the greenback rose on persistent fears about euro zone debt concerns.

Discuss

Will the Euro Zone Debt Crisis Be a Damaging Blow to Oil?

posted by osker 543 days ago in USD, EUR, Oil

It is well noted that oil prices and the dollar have an inverse relationship because the rising dollar makes oil more expensive to holders of other currencies. With the eurozone debt crisis still garnering significant headlines, analysts have war

Discuss

Divided FOMC Lowers Growth Forecasts

posted by osker 549 days ago in USD, Fundamental

The dollar bulls really are having their way with the currencies, which is so weird given the fact that just two weeks ago, the negativity toward the dollar was running at a level I had not seen before… And then it turned on a dime… Here’s the sk

Discuss

Steady hand needed at till as QE2 launches

posted by osker 552 days ago in USD, Fundamental

The US economy remains delicately poised, runs the argument, and a re-inflation of asset markets would give consumers the necessary confidence to start spending again (and just in time for Christmas, too).

Discuss

Stronger Dollar Hammers Gold Under $1340

posted by osker 557 days ago in USD, Fundamental, Gold made popular 557 days ago

Gold prices fell to the lowest level in nearly two weeks Tuesday, as the dollar strengthened benefiting from risk aversion due to worries over Ireland's debt woes.

Discuss

You Think The US Dollar Index Does Not Matter? Think Again.

posted by osker 558 days ago in USD, Technical, Inflation made popular 558 days ago

This inflation rally is negatively effected when the U.S. Dollar Index ticks higher. This inverse dollar/stock relationship is as strong as it has ever been.

Discuss

Kiwi dollar dips against greenback

posted by osker 562 days ago in USD, EUR, NZD

The New Zealand dollar fell against a strengthening greenback as doubt about Ireland's ability to repay its debts spread, driving the euro lower against the US and Japanese currencies.

Discuss

China's trade surplus soars to $35 billion

posted by osker 563 days ago in Fundamental, Trade made popular 563 days ago

China's trade surplus last month surged to its second-highest level this year, adding to pressure on Beijing to ease currency controls as leaders of major economies gather for a Group of 20 summit today.

Discuss

U.S. dollar ticks higher in quiet pre-Fed trade

posted by osker 571 days ago in USD, Fundamental made popular 571 days ago

The U.S. dollar edged higher against the euro in Asian Wednesday-morning hours, with foreign-exchange trade cautious ahead of the Federal Reserve’s policy decision expected later in the U.S. day.

Discuss

UK Tax Policy and the Euro-Dollar Market

posted by osker 574 days ago in USD, EUR, GBP

Given the rate structure in the Euro-dollar market, the new tax incentive may well create substantially increased interest by UK firms, particularly those with overseas income, in currency borrowing for home activity.

Discuss

Pound Rises Against Dollar, Weakens Versus Euro as Osborne

posted by osker 584 days ago in USD, EUR, GBP

he pound rose against the dollar and weakened versus the euro after U.K. Chancellor of the Exchequer George Osborne detailed his plan to almost eliminate the nation’s 156 billion-pound ($246 billion) budget deficit.

Discuss

Gold slips below $1 360/oz as dollar recovers

posted by osker 586 days ago in USD, EUR, Gold

Gold slipped below $1 360 an ounce in Europe on Monday as the dollar bounced back from its recent hefty losses, with market watchers worried that expected US monetary easing had already been too heavily priced in.

Discuss