All Posts Tagged With: "currency"
US SESSION: PAULSON AND BERNANKE TESTIFY BEFORE THE HOUSE FINANCIAL SERVICES COMMITTEE REGARDING THE TARP
The dollar was mostly flat against the majors in intraday trading as Fed Chairman Bernanke and Treasury Secretary Paulson discuss the TARP before the House Financial Services Committee. The EurUsd slipped 10 pips to the low range of 1.26, while…
19Nov2008 | ACM Forex | 0 comments | ContinuedUS SESSION: SELLERS CONTINUE TO DRIVE MARKETS SOUTH JPY STRENGTHENS
The dollar seems to be breaking away from the risk aversion trade which has been the persistent theme in the marketplace. The EurUsd rose nearly 130 pips to the low range of 1.26, while the UsdJpy moved 50 pips to…
17Nov2008 | ACM Forex | 0 comments | ContinuedUS SESSION: EURO RALLIES WHILE STERLING CONTINUES TO FALL
The dollar was mixed in intraday trading as volatility and risk aversion continue to be a strong trend in the marketplace. The EurUsd spiked over 250pips to the high 1.27 price area, in addition the UsdJpy also experienced substantial gains…
14Nov2008 | ACM Forex | 0 comments | ContinuedUS SESSION: STERLING COLLAPSED AFTER CONFIRMATION UK IS RECESSION.
The dollar has seen considerable strength due to greater risk aversion. The EurUsd is trading close to yesterday’s close at the low range 1.25, while the UsdJpy dropped more than 230pips to the low 95 price area. The GbpUsd experienced…
12Nov2008 | ACM Forex | 0 comments | ContinuedUS SESSION: DOLLAR STRENGTH CONTINUES TRADE IN TANDEM WITH RISK AVERSION
The dollar rose in intraday trading based on rising risk aversion in the marketplace. The EurUsd sunk over 200 pips to the low 1.25 area, while the UsdJpy was marginally lower to the high range of 97. The GbpUsd dropped…
12Nov2008 | ACM Forex | 0 comments | ContinuedUS SESSION: THE DOLLAR EMERGES AS THE FLIGHT TO QUALITY ASSET IN TROUBLED TIMES
The dollar posted a strong really against most of the majors as global economic conditions deteriorate. The EurUsd fell 240 pips to the low range of 1.27, while the UsdJpy fell slightly lower by 20 pips to the high range…
7Nov2008 | ACM Forex | 0 comments | ContinuedTHE DOLLAR STRENGTHENED FOLLOWING THE VICTORY OF PRESIDENT ELECT BARACK OBAMA
The dollar picked up strength against most of the majors as the risk aversion trade persists in the marketplace. The EurUsd slipped a little over 30 pips to the mid range of $1.29, while the UsdJpy fell 100 pips to…
6Nov2008 | ACM Forex | 0 comments | ContinuedDOLLAR STRENGTH DOMINATES THE MAJORS AHEAD OF PRESIDENTIAL ELECTION
Dollar strength surged in FX markets today with as investors anticipate the outcome of the US Presidential election tomorrow. The EurUsd slid 85 pips to the downside trading at the mid 1.26 level, while the UsdJpy rallied 70 pips to…
4Nov2008 | ACM Forex | 0 comments | ContinuedUS SESSION: THE DOLLAR WEAKENS AS RISK AVERSION
Risk Aversion continues to be a key driver in the market place, as the dollar extended yesterday’s losses against most of the majors. The EurUsd rose over 130 pips to low range of 1.28, while the UsdJpy fell 112 pips…
29Oct2008 | ACM Forex | 0 comments | ContinuedDeath of the Dollar Still Inevitable: Dead Cat Bounce Explained
I’ve been writing a lot recently about the dollar vs gold trade, with the emphasis of the discussion being on gold analysis. The problem is that there are a lot more individuals who care more about dollar FX markets than…
28Oct2008 | Oxbury Research | 0 comments | ContinuedUS SESSION: CURRENCY MARKET CONTINUES RISK AVERSION
The extreme move towards risk aversion fueled another rally in Usd trading. The EurUsd fell 137 pips to the high range of 1.24, while the UsdJpy took a larger dive down 174 pips to the mid 92 level. The GbpUsd…
28Oct2008 | ACM Forex | 0 comments | ContinuedUS SESSION: EURO AND STERLING CONTINUE TO COLLAPSE
The Usd extended yesterday’s rally into the current trading session, with unprecedented gains across the G10. The EurUsd fell over 200 pips to the high range of 1.28, while the UsdJpy slipped below the 100 level to 98 as risk…
24Oct2008 | ACM Forex | 0 comments | ContinuedA gold backed rouble?
EN. RIA.RU
9/24/08
Russia’s role in the international financial system does not seem very large. However, as a major exporter of hydrocarbons, her role in the world economy is actually very important. As the age of the dollar draws to a close,…
29Sep2008 | The Real Deal | 0 comments | ContinuedInvestment Prospects in the Great White North
Is Canada’s Resource-Oriented Economy a Good Bet?
Earlier this week we looked at America’s southern neighbor, but how about the one to the north? Canada is well known for having copious quantities of natural resources such as oil, gas, gold and…
4Sep2008 | Oxbury Research | 0 comments | ContinuedStrong Dollar Rally Causes Gold Prices to Tumble
Gold prices tumbled below $800 per ounce for the first time since late 2007 Friday, as the continuing U.S. dollar rally sparked an across-the-board retreat in commodity prices.
Gold closed Friday at $792 an ounce, a decline of $22.40, or 2.75%.…
18Aug2008 | Money Morning | 0 comments | Continued

















































