The Australian dollar is maybe the best, fundamentally situated currency in the market; and yet it has pulled back significantly from its highs for the year over the last few weeks. Actually , we would ascribe this retracement to a shift in market sense ; but that would contradict the new highs in equities and commodities. More than likely, it is m...

The Canadian dollar got strong against its currency counterparts this week as gasoline prices pushed back above $70 a barrel however, the USD/CAD may continue to trend sideways over the following week as the economic docket is expected to reinforce a weakening outlook for the world’s eighth largest economy. At the same time, Credit Suisse overnig...

The US dollar ended this past week in a instable position. After four consecutive days of selling pressure, the greenback once again finds itself within arm’s reach of its yearly lows. The market has flirted with renewing the dollar’s bear trend for nearly two months now. It is only a matter of time and speculation before the world’s reserve ...

Investors are turning more price reducing  on Treasuries and the dollar on speculation their appeal will decrease as the 1th global recession since World War II shows signs of easing. Expectations for higher yields on Treasuries and a weaker dollar over the next six months increased, according to 2,345 respondents from New York to Tokyo to London...

The dollar will probably strengthen to test $1.4070 against the euro next week as it approaches the lower bound of the 16 nation currency’s upward trend and the 50  day moving average.  “The big level where we could see real damage transpire is on a move through $1.4070,” said MacNeil Curry, a technical analyst at Barclays in New York. “...

The dollar advanced to a seven-week high against the yen and gained versus the euro for the first week in instantly a month as U.S. employers selected  fewer jobs last month than economists forecast. The yen descended  against all of its major counterparts this week and fell to the lowest level against the euro since June as the Labor Department...

World stocks ended higher on Friday, while bonds took a hit and the U.S. dollar recovered after beter than expected U.S. unemployment data reinforced the view that the global economic slump may be nearly over. The U.S. unemployment rate fell to 9.4 /cent in July, the first fall in 15 months. “This is the best showing (since) prior to the fina...

The U.S. dollar Monday descend  against a basket of currencies to its lowest since September as a rally in stocks and prompting  economic data from around the world abraded the greenback’s safe-haven appeal. On Wall Street, the broader S&P 500 stock index topped the psychologically important 1,000 level for the first time in nine months...

Crude oil was little changed as equities decreased and the dollar strengthened, undermining the need to use commodities as an alternative investment. Oil dropped as much as 2.5 /cent after a disappointing forecast at Cisco Systems Inc. and lower than estimated earnings at Metro PCS Communications Inc. depressed stocks. U.S. crude-oil stockpiles cl...

The dollar dropped to its lowest level so far this year as rising investor optimism dented haven demand for the US currency. Analysts said improved risk appetite saw investors dismiss the relative safety of the dollar in search of yield. The pound was one of the biggest winners after UK manufacturing PMI data fanned hopes the UK economy might pull ...