Despite Friday’s recovery, the U.S. dollar fell for the fifth consecutive week against most of the major currencies. As several releases from the U.S. economy are expected today, the main question is whether the dollar is on its way to erase last week’…
During today’s trading, USD/CAD briefly broke parity for the first time since April and the AUD/USD pair is nearing parity. The USD also declined to a record low versus the CHF today, as well as to a new 15 year low versus the Japanese yen. The recen…
Dollar bulls are now showing in the 3% range which is a similar reading to Euro bulls in late spring during the Greece crisis … the euro was roughly 1.18 to the dollar, and people were talking par (1.00). Now the euro just broke over 1.40.
The QE trade is alive and well and risk assets are firing on all cylinders. Gains in stocks and commodities, in particular, are now accelerating. It seemed to me that QE2 talk would prove bullish for risk assets.
The cheapening of the dollar took another step forward overnight as the dollar index fell to its lowest since the start of this year. Investors appear to be rather tetchy ahead of a brace of price reports likely to show dissipating inflationary pressur…
The US dollar has continued to plummet against most of its currency rivals this past week, with some now saying that a round of quantitative easing has already been priced in by speculators. The Canadian dollar has also been falling versus many of its …
Despite some positive earnings reports, investors remain concerned about recovery prospects in the US. Analysts are also mixed about the long-term effects of the Fed buying Treasuries to help spark the economy. Gold has not looked back since clearing $…