Welcome to the new trading month, where the majority of traders really want to forget September’s huge swings, but it doesn’t look like the volatility is going anywhere. Equity markets were slammed in all sessions and the US dollar benefited … Continue reading →
The euro has fallen against the yen to the lowest it's been in ten years and the lowest it's been to the U.S. dollar in nearly 12 months as the European Central Bank lent a record-setting amount of money to regional banks in order to keep credit active, according to Bloomberg.
As oil prices fell below $100 a barrel on Wednesday, the euro retreated to an 11-month low against the U.S. dollar after the drop in short-term Italian borrowing costs faded, according to Reuters.
Welcome to the new trading month, where the majority of traders really want to forget September’s huge swings, but it doesn’t look like the volatility is going anywhere. Equity markets were slammed in all sessions and the US dollar benefited … Continue reading →
The Dow broke a 3-day winning streak today as investors and traders sold stock in an effort to decrease risk. The flight to safety caused the price of US treasuries and in turn the USD to rise. This pushed the … Continue reading →
http://www.fxtimes.com - In Tuesday's webinar we will be dissecting the RBA interest rate decision and the impact that had on AUD crosses. In addition we will be updating you with the latest from Europe in regards to Greece and the negotiations over its bailout. We will also preview Bernanke's testimony to Congress by discussing the options available to the FOMC moving forward as well as review key currency pairs from a technical perspective.
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