Forex News
Dollar Rallies Versus Other Majors Ahead of Expected BoJ Rate Cut
The dollar firmed up versus other major currencies on Thursday, skyrocketing against the ailing sterling while paring some of its huge recent losses versus the euro and yen.
Earlier in the week, the dollar was hammered in the wake of the Federal Reserve’s historic rate cut in an attempt to combat recession and facilitate lending. [...]
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The dollar firmed up versus other major currencies on Thursday, skyrocketing against the ailing sterling while paring some of ...
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Forex Analysis
10 Bargain Stocks for Black FridayInvestors, open your wallets! Whether you’re looking to fill your trunk with electronics, or your portfolio with stocks, there are plenty of bargains to be had on Black Friday.
You needn’t look far to find stocks trading at significant discounts to their 52-week highs. With a volatile stock market and a troubled economy, many companies’ shares [...]
Trading Ideas
U.S. Dollar: Consumer Confidence on Tap - Can the Greenback Hold Its Gains? The Conference Board’s consumer confidence index is anticipated to weaken significantly as fears of a global recession intensify. Economists expect the index to fall to 52.0 from 59.8 in September, indicating that consumers are becoming increasingly downbeat towards the economy as employment opportunities dissipate.
Trading the News: US Consumer Confidence
What’s Expected
Time of release: [...]
Forex News
Dollar Rallies Versus Other Majors Ahead of Expected BoJ Rate Cut The dollar firmed up versus other major currencies on Thursday, skyrocketing against the ailing sterling while paring some of its huge recent losses versus the euro and yen.
Earlier in the week, the dollar was hammered in the wake of the Federal Reserve’s historic rate cut in an attempt to combat recession and facilitate lending. [...]
Forex Education
Japanese Yen Rises to Highest Since 1995 Against US Dollar, More Volatility Ahead (Euro Open)The Japanese Yen roared higher in overnight trading as the US Senate failed pass a vote that would have led to a decision on a bailout plan for America’s top three automakers. Risk appetite rapidly evaporated, sending stock index futures lower and pushing USDJPY to levels unseen in 13 years. Continued volatility lies ahead as [...]