December Dollar Gains Wound-back CURRENCY TRADING SUMMARY -12th January (00:30GMT) U.S. Dollar Trading (USD) the weak Dollar tone from Friday continued into the new week with Gold surging at the open and EUR/USD breaking above the key 1.4500 level. US stocks made fresh 2010 highs on the back of the weaker Dollar and low Interest [...]

CURRENCY TRADING SUMMARY -11th January (00:30GMT) U.S. Dollar Trading (USD) weakened considerably across the board as December US jobs numbers missed forecasts. December Non Farms at -85k were expected at 0k. December Unemployment Rate remained at 10.0%. Adding to the USD weakness was the relative strength of the stock market after bad economic news. DJIA [...]

CURRENCY TRADING SUMMARY – 8th January (00:30GMT) U.S. Dollar Trading (USD) found strength as traders took profit on the recent commodity rally and US data showed continued jobs improvement. Weekly Jobless Claims at 434k vs. 447k previously. DJIA +33 points closing at 10606, S&P +4 points closing at 1141 and NASDAQ -1 points closing at [...]

CURRENCY TRADING SUMMARY – 5th January (00:30GMT) U.S. Dollar Trading (USD) lost ground against most currencies as the market relapsed into Strong stocks/Weak Dollar mode again on the first day of trading in 2010. December ISM Manufacturing jumped to 55.9 vs. 54 forecast in a sign the manufacturing sector in the US is recovering well. [...]

The USD declines after a short rally as global optimism increases risk appetite. EURUSD hit fresh 14-month high at 1.5062 as an advance in Asian stocks and signs the global economy is recovering reduced demand for the greenback as a safe haven.  The USD fell against most of its major counterparts ahead of reports forecasted [...]