forex trading

Dollar rises in choppy trade with thin volume

The Dollar rose against the Euro on Monday, reversing early losses in a late surge as investors snapped up the greenback in thin trading after the single currency failed to sustain gains fueled by fighting in the Middle East. The conflict had earlier prompted a flight to traditional safe-havens such as the Swiss franc and Gold. It also led to Euro buying and spurred demand for oil, as well as...


forex - US Session: ISM Manufacturing Collapses Dollar Mixed Against Majors

Despite extremely weak economic data to open the New Year, the dollar managed to gain against some of the majors. The EurUsd dropped over 180pips to mid range of 1.38, while the UsdJpy surged 150pips trading through previous resistance of 92. The GbpUsd fell 165pips to the low 1.45 level testing parity with the Euro over the last week. Equity markets finished convincingly positive in the US and...