Dollar Surges Amid Risk Aversion

The U.S. dollar surged and stocks tumbled as risk aversion took hold amid ongoing debt concerns in the Eurozone periphery and softer Chinese economic data. Additionally, global inflation concerns mounted increasing the prospects for higher interest rates. The dollar was given a boost by hawkish rhetoric from the Fed as

Source: ActionForexall Rss Feed

EUR, AUD and Other Higher-Yielders Fall, as Investors Scramble for Safety Amid Plunging Oil

The lull in risk aversion seen yesterday was broken today as we had renewed selling in commodity and equity markets. Last night, data from China showing the need for more tightening from the central bank weighed on commodities, and when more sovereign debt concerns crept up in the European session

Source: ActionForexall Rss Feed

Euro/USD: Euro grows up amid expectations

Forex analytics: The pair EUR/USD is traded upward at the Forex currency market on Thursday; players are waiting for   the outcome of the European Central Bank meeting which will be held today.
By 9.15 Moscow time the Euro is at 1.4870 against closing level of 1.4826 yesterday.
Preliminary employment data in the U.S. released yesterday provoked withdrawal from dollar positions and today the Euro consolidates ...

FOREX: Euro Volatility Likely Amid Mixed Cues Ahead of ECB Rate Decision

The Euro is likely to turn volatile as the ECB delivers its interest rate decision as conflicting indicators cloud the outlook for monetary policy over the coming months.

USD Gains Amid Falling Commodities, Oil, Equities, and Less Hawkish Trichet

Following several weeks in which the USD was beat up on the back of expectations around its loose monetary policy, we have finally seen the USD strike back. Today it was against the EUR, as ECB President Trichet sent a signal to the markets that the ECB would hike rates