Tag Archives: Dollar

European Troubles Ease, Sentiment Picks Up and the Dollar Hurts

European Troubles Ease, Sentiment Picks Up and the Dollar Hurts
We have moved beyond a moderate correction for the dollar and now find the currency under significant pressure. In the absence of active euro selling or risk aversion flows, the greenback is left to the long-term effort to depreciate its value through steady stimulus injections and the effort to diversify reserves. The euro’s influence was key to the dollar’s surge through November as the …

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FOREX: Dollar Edges Higher as the Collective Fed Talk Takes a Modest but Tangible Hawkish Shift

FOREX: Dollar Edges Higher as the Collective Fed Talk Takes a Modest but Tangible Hawkish Shift
On an exceptionally light trading day, the US dollar would recover a little lost ground. Skeptical speculators could easily attribute this to a natural correction during a trading lull.

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