Online Forex Trading

G10 Advancers and Decliners vs USD Jpy 0.26 Nok 0.05 Sek -0.06 Nzd -0.47

The Usd loss ground in the European session, but picked up momentum again based on Dovish comments from Trichet. The EurUsd traded through previous support to the high 1.53 level, while the UsdJpy fell a bit over 50 pips to the low 109 price. The GbpUsd continues to trade with a 1.94 handle, off 10 pips from yesterday’s close. Equity markets opened significantly lower, with the Dow in...

The Dollar rose for a fourth straight day overall to a seven-month peak versus the Yen and a six week high against the Euro on Wednesday, as the slide in oil prices to a new three month low raised hopes economic growth would pick up and inflation would subside. On Tuesday the Fed kept short term interest rates unchanged but was perceived as being slightly more concerned about slow economic...