Posts published in April 2015

Trading Week Ends on Sour Note for Dollar

Dollar bulls had high expectations for this trading week due to the optimistic outlook for the US non-farm payrolls. But their hopes were shattered after the employment report turned out to be…

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Weak Non-Farm Payrolls Hurt US Dollar

The US dollar received a significant hit to its strength today after the release of non-farm payrolls. While dollar bulls were very optimistic ahead of the NFP report, their optimism evaporated after…

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Euro Benefits From Low Volume, Profit Taking

Euro is getting a little help today, thanks to low volume on the Forex market, and a bit of profit taking at the end of a week that saw a precipitous drop to the 19-nation currency. Right now, there…

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