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Forex Resources

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Forex Commentaries

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Dollar Looking for Direction
Hans Nilsson - July 2nd, 2009
The dollar and yen rose after US employment dropped more than expected, dampening economic recovery prospects. Stocks and commodities fell as investors sought haven in treasuries ahead of a long weekend in the US. The S&P 500 fell 26.91 points to 896.42.
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Greenback Lower on Better Global Manufacturing Indications
Hans Nilsson - July 1st, 2009
The dollar fell against most key currencies on signs of improving global manufacturing activity. The S&P 500 rose 4.01 points to 923.33. Most currency pairs remain confined in narrow trading ranges without any clear directions.
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Daily Video Recaps

07/02/09 - Nonfarm Payroll Data Much Weaker, Extends Greenback's Overnight Gains on Increased Risk Aversion
Nonfarm Payroll Much Weaker, Extends Greenback's Overnight Gains on Increased Risk Aversion
Nick Nasad - July 2nd, 2009
Today's disappointing nonfarm payroll report added to risk aversion that had already grabbed hold in overnight trading. Plunging stocks strengthened the Yen and Dollar. 
07/01/09 - Euro Gains Ground on Rivals, European and US Stocks Bounce Back From Yesterday's Sell-off
Euro Gains Ground on Rivals, European and US Stocks Bounce Back From Yesterday's Sell-off
Nick Nasad - July 1st, 2009
Following a move in favor of the greenback yesterday on the back of dips in equity markets amid the close of the second quarter, today saw a return to positive sentiment. Stocks rallied from yesterday's sell off and the Euro was a top performer. 
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