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Dollar Burdened By Risk, Boosted By Growth Prospects

Posted on June 24th, 2009 in Currency Trading News

It has been an active period for the dollar over the past few weeks. Sharp and frequent shifts in risk appetite have undermined the currency’s attempt…

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There Is A Small Window For A Risky EURNZD Range

Posted on June 24th, 2009 in Currency Trading News

Volatility was once again catalyzed over the past 24 hours owing to a few unique events and the ever present fluctuations in risk appetite. For EURNZD,…

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US Dollar, New Zealand Dollar to See GDP Reports on Thursday

Posted on June 24th, 2009 in Currency Trading News

There are two high-profile releases that traders should watch on Thursday, as they could impact price action for the US dollar and New Zealand dollar.

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Fed Keeps Rates Unchanged But Dollar Rallies

Posted on June 24th, 2009 in Currency Trading News

The Federal Reserve kept its benchmark interest rate unchanged at 0.25%-0%, a record low. In recent weeks, the poisonous combination of quantitative easing…

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