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The price action looks like a market that is trying to balance itself out as we head into the new year.
12:07PM 12/21/09
Little Sustainable Action in Currencies
Trading volumes were thin in the foreign exchange markets, most likely due to the upcoming Christmas and New Year's Day holidays.
06:52AM 12/21/09
The $72.50 area continues to be a main price point, after sellers were held at bay recently around $69.50.
11:45AM 12/18/09
The U.S. dollar is being held at resistance by the expiration of options contracts Friday.
06:52AM 12/18/09
Dollar Reaches Three-Month High
The dollar index surged to a three-month high in Thursday trade, as the market looked to shed the higher-yielding pairs.
05:44PM 12/17/09
Weak Market Sends Dollar Higher
The overbought dollar will continue to move higher as long as equities struggle.
01:05PM 12/17/09
Dollar Edges Toward Major Resistance
Ahead of another U.S. session, the dollar index is edging toward major resistance.
09:19AM 12/17/09
Currencies React to Fed Remarks
The selloff experienced throughout the overnight session, especially during Asia, was a reaction to Wednesday's Federal Reserve meeting.
07:08AM 12/17/09
Despite some long spikes, the market failed to move anywhere importantly during the FOMC decision, with the major pairs turning around at the first intraday swing point that they met.
05:39PM 12/16/09
The European Union may have initiated a long euro play Wednesday it held the last of its 12-month refinancing operations.
11:55AM 12/16/09
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