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Today's Forex Analysis summary. The Fed ended much of the uncertainty in the Forex markets today when it announced that its key lending rate would stay between 0 - .25%, and there would be no additional expansion of its balance sheet through the

Today's Forex Analysis summary. The fear of higher interest rates triggered adjustments in the markets overnight. This week the Treasury will auction a record $104 billion in notes. This huge amount of supply hitting the market is expected to help

Today's Forex Analysis summary Trader uncertainty over tomorrow’s Fed statement and concern over rising Treasury yields and the government’s ability to cover its debt obligations contributed to the weakness in the U.S. Dollar on Tuesda The

Today's Forex Analysis summary. A combination of technical and fundamental factors helped contribute to a huge rise in the U.S. Dollar against all major Forex pairs on Wednesday. This action sent commodity-linked currencies like the New Zealand

Today's Forex Analysis summary The USD CAD erased about half of yesterday’s gains following the release of the results of the latest Bank of Canada meeting. The BoC as expected left its benchmark interest rate unchanged. At its last meeting it

Today's Forex Analysis summary The right combination of fundamental and technical factors helped the U.S. Dollar surge to multi-week highs against most major currencies on Friday. Fundamentally, the Dollar rally was triggered by a better than

Today's Forex Analysis summary. The lack of major economic reports encouraged Forex investors to take a look at the technical factors and a few of the news stories on Monday. Last week the EUR USD, GBP USD, USD CHF, NZD USD, USD CAD and AUD USD all

Today's Forex Analysis summary. EUR USD A strong fundamental report drove the EUR USD higher on Thursday. Following four days of lower-lows, the Euro came back with a vengeance as the European Commission’s gauge of economic sentiment posted

Today's Forex Analysis summary. Talk of creating a new global currency helped weaken the U.S. Dollar on Tuesday. Russia introduced the topic of creating a multi-national currency to take the place of the Dollar as a precaution against growing

Today's Forex Analysis summary The EUR USD recovered from early selling pressure but still closed lower for the session. Traders were selling the Euro overnight and seeking the safety of the U.S. Dollar after it was reported that North Korean tested

Today's Forex Analysis summary The EUR USD was under pressure from the start today. Yesterday’s loss following bullish news regarding a better than expected U.S. Consumer Confidence Report should have been the first clue that investor sentiment

Today's Forex Analysis summary. EUR USD A strong fundamental report drove the EUR USD higher on Thursday. Following four days of lower-lows, the Euro came back with a vengeance as the European Commission’s gauge of economic sentiment posted

Today's Forex Analysis summary The daily EUR USD is on pace to test a 50% at 1.4184. Regaining this area sets up a further rally to 1.4621. The rapid rise in the EUR USD may become a concern for the European Central Bank if it begins to curtail

Today's Forex Analysis summary. The rally in the EUR USD is another sign that the U.S. currency is losing its luster as a safe haven currency. Optimism is building that the Euro Zone economy is getting ready to turn higher. Doom and gloom in the GBP

Today's Forex Analysis summary. The Euro rallied on Thursday after the European Central Bank cut its benchmark interest rate to 1.0%. This news was already in the market and traders saw it as a buying opportunity. The ECB also announced a plan to buy

Today's Forex Analysis summary. The Euro surged to the upside this week as better than expected U.S. economic data helped shift trader sentiment away from the safe haven U.S. Dollar to the more risk driven Euro. This week’s strong equity markets

Today's Forex Analysis summary. The key story this week affecting the Forex markets turned out to be the global economy rather than the U.S. Treasury auction and the Fed’s preliminary bank stress test report. The Euro rose this week but next week’s

Today's Forex Analysis summary. The U.S. Dollar started the day stronger but early U.S. housing and construction spending reports came out better than expected and triggered a reversal in the Dollar. Trading could become choppy as we approach the end

Today's Forex Analysis summary. The Euro was under pressure all day as traders were reluctant to hold on to long positions ahead of this week’s central bank meeting. Much of the selling pressure was related to concerns over the Euro Zone economy and

Today's Forex Analysis summary. The U.S. Dollar had a volatile two-sided trade today as traders reacted to a friendly employment report, an unofficial report that the bank stress tests would show better than expected results and a smooth Treasury