Forexperts

Stability in the Financial Industry Continues to Support U.S. Dollar

The EUR USD continued its reversal down with another sharp break on Wednesday. The U.S. Dollar is reacting positively to the developing stability in the financial industry. News that the Fannie Mae and Freddie Mac plan is advancing without incident through Congress has also been helpful to the Dollar. (Jul 23, 2008 9:37PM)

JPY Falls on Downgrade, USD Edges Higher

The greenback was higher against the euro and yen, rising to 1.5669 and 107.90, respectively. The dollar continues to benefit from further declines in oil, which fell to $123.63 per barrel, and renewed confidence stemming from government measures to support Fannie Mae and Freddie Mac. Hawkish Fed ... (Jul 23, 2008 3:32PM)

Daily currency analysis - Jul 23

127 per barrel.Regional FedPresident Plosser stated in comments on Tuesday that interest rates should beincreased sooner rather than later given that inflation is too high. Thehawkish comments provided additional support to the dollar with markets pricingin a near-50% chance of an interest rate incr... (Jul 23, 2008 12:00PM)

Fed's Plosser Comment Helps Strengthen U.S. Dollar

The EUR USD reversed an earlier uptrend to close lower for the day. The Dollar rose as Treasury Secretary Paulson reiterated his call for a strong Dollar, saying it is "really very important." Paulson’s speech was essentially a call for confidence in the U.S. financial markets. (Jul 22, 2008 7:08PM)

Daily currency analysis - Jul 22

The dollarweakened to lows just beyond the 1.59 level in European trading on Mondaybefore recovering back to around 1.5840.The results fromBank of America were stronger than expected which provided some degree ofsupport to the US currency, although the impact was less than that seenfollowing the res... (Jul 22, 2008 12:00PM)

Dow Jones takes traders by surprise…

Sandy Jadeja is Chief Market Strategist for ODL Markets and founder of www.Spreadbettingtowin.com where he teaches low risk trading strategies and money management. (Jul 22, 2008 5:12AM)

Lena Manousarides

James A. Hyerczyk

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