Non Farm Payroll The Non Farm Payroll and the Unemployment Rate figures will be released on Friday, the 5th. December, 2010. It will be interesting to trade GBPUSD and USDJPY this week. Last week, the Dollar gained against all majors, the 16 most-traded counterparts amid concern of the conflict [Continue Reading]

The Dollar dropped because the Initial Jobless Claims increased by 12,000 to 472,000, indicating that there are a greater number of jobless Americans in the labor market in spite of the expected better US economic growth. [Continue Reading]

July 17 (Bloomberg) US Dollar Rupiah and Indonesian Bombing The bombing triggered a brief flight to safety into the dollar and the yen in Asian trading. The Indonesian rupiah weakened 0.5 percent to 10,175 per dollar, after dropping as much as 1 percent, the most since June 23 as bombs exploded at [Continue Reading]

A Strong Dollar Strategy July 15 (Bloomberg) – U.S. Treasury Secretary Timothy Geithner said in an interview with Al-Arabiya television that the administration of President Barack Obama favors a strong dollar and expressed confidence the greenback will remain the main reserve currency. The yen [Continue Reading]

Headlines on the Drop of the US Dollar The news headlines for last week trade was more on the US Dollar. As reported in Bloomberg: The Dollar Weakens and GBPUSD: Dollar Weakens and Pound Strengthens, trading for last week and on Friday in particular was not in favor of the US Dollar. The Dollar [Continue Reading]

Dollar Weakens The dollar was under selling pressure and declined further to the lowest level against the Euro, Pound and Yen. Against the Euro it is it declines to the lowest since January. The weakening of the Dollar started in March after the Federal Reserve announced its plan to buy up to $300 [Continue Reading]

The Dollar Weakens May 19. Bloomberg reported that the Dollar fell against most of its major counterparts after three U.S. financial firms seeking to return government bailout money fueled speculation banks have sufficient cash, reducing demand for the safety of Dollar-based investments. Brazil and [Continue Reading]

Euro Declines as Economy Contracts Most in at Least 13 Years May 15 (Bloomberg) — The euro fell against the dollar and extended a weekly loss versus the yen as the economy of the 16- nation region contracted the most in at least 13 years, raising concern the pace of recovery will be slow. The [Continue Reading]

March 2 (Bloomberg) The dollar rose to the highest level since April 2006 against the currencies of six major U.S. trading partners as investors sought safety after American International Group Inc. got more U.S. government support. The euro dropped to a one-week low against the greenback as [Continue Reading]