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U.S. Dollar & FOREX News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about FOREX trading.
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Latest U.S. Dollar & FOREX News

  • Japanese Yen: Resumption of the Bull Market ? 3 Jul 2009 22:31 GMT
    ... Until the middle of 2007, the Japanese Yen was notoriously ... seen from previous market comments by Crossroads FX (click for past newsletters), we prefer an ...

  • Gold Ends Week Down Nearly 1% 3 Jul 2009 22:12 GMT
    ... THE PRICE OF GOLD recovered one-half of Thursday's ... losses and government bonds ticked higher. The US Dollar was little altered, holding onto yesterday's 1.0% ... week's finish. "[ ] is following the foreign exchange markets very closely," says MKS Finance, a ...

  • Brazil stocks inch down on quiet day; real slips 3 Jul 2009 21:23 GMT
    ... SAO PAULO, July 3 (Reuters) - Brazilian stocks ended ... a tax break introduced in December. The foreign exchange market was equally sluggish, with Brazil's currency, ... off a mere 0.05 percent against the U.S. dollar to 1.953 reais to the dollar. Major ...

  • CANADA FX DEBT-C$ down for third straight week, bonds up 3 Jul 2009 21:10 GMT
    ... * C$ ends nearly unchanged at 86.08 U.S. cents * ... Canadian dollar closed at C$1.1617 to the U.S. dollar, or 86.08 U.S. cents, up from Thursday's ... floating," said Jack Spitz, managing director of foreign exchange at National Bank Financial. The Canadian dollar's ...

  • Temporary Bounce in EUR/GBP Now Possible 3 Jul 2009 20:21 GMT
    ... helped to give bears pause. In the FX Trading Guide we have said that a ... Guide we maintained a bear view in GBP/USD in the absence of a close above the 1.6661 03-Jun ...

  • BSP wants cover for forex losses 3 Jul 2009 20:20 GMT
    ... MANILA, Philippines — The Bangko Sentral ng Pilipinas ... of its income to cover for potential foreign exchange losses. A monetary official said allocating a ... the peso and other currencies, mainly the US dollar. However, the BSP could intervene in the ...

  • India may reduce U.S. dollar role in FX basket 3 Jul 2009 20:00 GMT
    ... India may reduce U.S. dollar role in FX basket AIX-EN-PROVENCE, France, July ... call which is the stability of the foreign exchange," he told reporters on the sidelines of ...

  • Can China's Economy Prosper Without the U.S. Dollar? 3 Jul 2009 20:00 GMT
    ... China ’s announcement overnight that it will allow ... reliance of importers and exporters on the U.S. dollar. The People’s Bank of China will encourage ... at the moment is to undercut the US dollar, for three reasons. First, as America’s largest ...

  • Euro Volatility Likely as Central Bank Delivers Interest Rate Decision 3 Jul 2009 19:31 GMT
    ... busy week of economic event risk left the Euro almost exactly unchanged against the US Dollar, and it seems markets remain incapable of breaking the EURUSD from its multi-month range. Forex options markets showed that volatility expectations remained high ahead of the European Central Bank ...

  • Euro, British Pound Lag as Euro-zone, UK Data Highlight Lingering Recession 3 Jul 2009 19:11 GMT
    ... Jul 03, 2009 (DailyFX via COMTEX) -- - US Dollar, Japanese Yen Mixed on Low-Volume Trading - Swiss ... greater driver of price action in the forex markets, a weaker than expected result could ...

  • Canada defends US$ as global reserve currency 3 Jul 2009 18:12 GMT
    ... OTTAWA (Reuters) – The U.S. dollar as the global of choice has been ... to be a more general discussion on foreign exchange at next week's summit, which starts with ...

  • UDPATE 2-Canada defends US$ as global reserve currency 3 Jul 2009 17:40 GMT
    ... * Sees stability based on greenback in global crisis * Expects forex discussion at summit in Italy * Sees ... 14-15) OTTAWA, July 3 (Reuters) - The U.S. dollar as the global reserve currency of choice has been ...

  • British Pound, Australian Dollar to See Rate Decisions Next Week 3 Jul 2009 17:31 GMT
    ... Jul 03, 2009 (DailyFX via COMTEX) -- The ... Canadian employment and business activity reports. The US dollar could also feel the impact of the ISM non-manufacturing ... greater driver of price action in the forex markets, a weaker than expected result could ...

  • SAfrica stocks creep up in muted trade, rand softens 3 Jul 2009 17:22 GMT
    ... SAfrica stocks creep up in muted trade, rand softens ... unit. The rand softened slightly against the U.S. dollar mainly due to domestic importer demand as ... of import demand today as people established foreign exchange contracts on their books,' said Bidvest Bank ...

  • UDPATE 1-Canada defends US$ as global reserve currency 3 Jul 2009 17:10 GMT
    ... * Sees stability based on greenback in global crisis * Expects forex discussion at G8 meeting * Sees room ... details) OTTAWA, July 3 (Reuters) - The U.S. dollar as the global reserve currency of choice has been ...


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