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Dollar Mixed After Yesterdays Fed Mugging and Other Top Forex News.
12:40 PM
The U.S. dollar was mixed against the major currencies on Thursday, after yesterdays news that the Fed was leaving its economic stimulus program unchanged caused the dollar to plummet. This morning’s release of strong U.S. economic data, helped recover yesterday’s losses against the yen, but the euro managed to hold onto yesterday’s gains. This mornings […]
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]]>Chart Of The Day For September 19th, 2013 – EUR/USD
12:35 PM
By Ilya Spivak Prices bounced higher after putting in a bullishPiercing Line candlestick pattern A break above resistance at 1.3534 (61.8% Fib) exposes 1.3636 (76.4% Fib) Support now at 1.3452 (50% Fib), followed by 1.3416 (June 19 high)
The post Chart Of The Day For September 19th, 2013 – EUR/USD appeared first on ForexNews.com.
]]>How FOMC Voter Bullard Instilled Hope for the Dollar
12:32 PM
By Kathy Lien The U.S. dollar is trading higher against all of the major currencies this morning on the back of comments from Fed President and FOMC voter James Bullard. Thanks to Bullard we don’t have to wait for the Fed minutes to get a better sense of how tough the decision to maintain asset […]
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]]>Government Shutdown, Currency Wars
12:27 PM
By Kathy Lien How Fed’s Choice to Play it Safe Impacts the Dollar GBP Rally Stalled by Surprise Decline in Retail Sales EUR Extends Gains, SNB Upgrades GDP Forecast NZD: 10 Days of Uninterrupted Gains CAD: Stronger Wholesale Sales AUD: Profit Taking Behind the Recovery in USD/JPY USD: Government Shutdown, Currency Wars Some investors may still […]
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]]>Dollar Firms After Bullard Comments and Other Top Forex News.
12:22 PM
The U.S. dollar was broadly higher against most major currencies on Friday after St. Louis Federal Reserve Chairman James Bullard, told reporter that the taper decision was a close run thing and there is a possibility the Fed could taper in October. Bullard’s comments come after the Fed shocked markets on Wednesday by holding back […]
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