Currency Trading

Today in Currency Exchange Rates – Here is a round up of the main stories making the headlines in the currency exchange rates blogosphere:

Asian currencies rise on Fed view; Thai bank props up baht – SINGAPORE — Asian currencies rose on Thursday in step with regional stocks after the US Federal Reserve held interest rates steady and reduced expectations for an imminent rate rise. The Fed held interest rates at 2.0 percent on

The US dollar fell against a basket of currencies – The US dollar fell against a basket of currencies after a strong euro zone report was released. In housing, home prices in metropolitan areas fell -1.4% in April from March and by 15.3% from 1 year ago. The report was better than …

Is the Dollar Facing A Long Term Euro Threat? – The euro’s emergence and the recent decline in the US currency and in reference to other key currencies does not look too good as far as the long term prospect of the US dollar is concerned. The dollar has lost almost half of its value …

Bright Future for Emerging Currencies – Specifically, many of the participants were bullish about emerging market currencies. This is somewhat ironic, since these currencies have marked one of the few bright spots for the Dollar, which has benefited from a recent trend …

Technical Analysis for Major Currencies – The Euro reached the key resistance level in the upside channel after successfully reaching the target stated yesterday yet today we see a mix up in momentum indicators in different time periods but we still expect the upside movement …

Bullish on Asian Currencies – As Joseph Tan, strategist, global markets Asia at Fortis Bank expects the greenback to weaken further, he is bullish on most Asian currencies, with the exception of the Korean won and Thai baht. He speaks to CNBC’s Martin Soong. …

US dollar recovers losses versus euro – NEW YORK (MarketWatch) – The dollar was little changed against major currencies Monday, recovering from earlier losses after a report showed higher-than-expected inflation in Europe. The dollar index (TICKER:DXY), which measures the …

Bob’s Currency Focus – Normally this would be very bullish for the currency and indeed the run-up in the euro over the past few weeks has paid testament to this fact. However we are now looking at a situation where the ECB will be raising interest rate at a …

5 Reasons For Entering the Exciting World of Currency Trading – It also means that, whatever happens in the world, you have the ability to take advantage of events and their effect of particular currencies instantly and are not frustrated by having to wait for the market to open. …

A US dollar currency crisis just a stone throw away – This could essentially send the US dollar into a currency crisis as the world will shift the peg from the USD to the EUR, or a basket of currencies. This would leave the US economy in a very serious situation, a depressed economy and a …

A G7 Intervention? – The G7 might intervene in the forex market, if oil prices break $150 a barrel and beyond, predicts John Noonan, senior FX analyst at Thomson Reuters. He tells CNBC’s Martin Soong more. Watch Video. MEDIA: VIDEO. Permalink.

ForexMetrics Currency Index and related Forex Report … – “ForexMetrics Currency Index” is a barometer to measure overall relative global economic. growth and inflation based on value of major global convertible currencies. Trend and Projections from ForexMetrics Currency Index …

Euro Could Break $1.60 – The euro-dollar could break the $1.60 level in the coming weeks, according to Thomas Harr, senior FX strategist at Standard Chartered. He reviews the events impacting the FX market this week, with CNBC’s Maura Fogarty. Watch Video …
Henry Paulson Says Believes in Strong Dollar – … were working to resolve the country’s economic problems, including regulatory mistakes that led to excesses in the mortgage and banking sectors. Read More. Topics:Credit | Henry Paulson | Russia | Yen | euro | US Dollar | Currencies …

Traders Seek Positives In New Quarter – It’s likely we will get a one or two-day bounce as the new quarter begins tomorrow, but with oil remaining at a record and the dollar rally falling apart last week, that hope is thin gruel indeed. Read More. Topics:Currencies | Earnings …

Trade Or Fade: Weekly Analysis Of Major Currencies – Currency strategist Boris Schlossberg analyzes the major currencies for the week of June 30.