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Even the Israeli Intervention is Short-Lived

August 15, 2009 - by - Leave a Comment

Last week I was talking about the intervention that the Bank of Israel made in the forex markets, and how it worked. Well, also in a small country like Israel, …

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Forex news

The Beginning of the End?

August 7, 2009 - by - Leave a Comment

Fresh Non-Farm Payrolls numbers, and the huge surprise with the dropping unemployment rate suggest that maybe Obama was right: the beginning of the end of the global recession. Great volatility …

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Forex news

Moody’s Good Mood – Bad For the Dollar

June 23, 2009 - by - Leave a Comment

Moody’s calmed investors by keeping the credit rating a solid Triple A for the US. This lowered fears and casued risk appetite – the dollar is falling across the board. …

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Iran Election Crisis Supports Dollar

June 20, 2009 - by - Leave a Comment

The ongoing crisis in Iran is worrying the whole world and ignites fears. Risk aversion may cause investors towards the US dollar, especially after the escalation in the situation this …

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Russian Wind of Change Helps Dollar

June 15, 2009 - by - Leave a Comment

Alexei Kudrin, Russia’s Finance Minister, sent gave the dollar some strong back wind, by saying that the dollar will remain the world’s reserve currency. This policy shift strengthened the dollar …

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Dollar Wins Volatile Week – Risk Factor Fades Out

June 5, 2009 - by - Leave a Comment

The US dollar makes big gains against other currencies, in the wake of the Non-Farm Payrolls figures. The big surprise in NFP shut off the risk factor, and sent the …

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Forex news

Risk Aversion Turns the Market Over

June 4, 2009 - by - Leave a Comment

After the dollar retreated on all fronts, it made a huge comeback in the last 24 hours on fears that the recovery is not near at all.  Review of the …

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British Pound Continues North

May 29, 2009 - by - Leave a Comment

Friday’s Nationwide HPI supplied more fuel for the Pound, which is now aiming for 1.62. All in all, it was a succesful week for the British Pound, which sees major …

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Dollar Retreats On All Fronts – Week’s Roundup

May 29, 2009 - by - Leave a Comment

The US dollar is beaten this Friday. It loses ground everywhere. This happened before the disappointing GDP figure, and also after them. Bad Friday for the greenback, yet again. A …

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Risk Appetite Rules

May 26, 2009 - by - Leave a Comment

The first significant figure was released – and it was too good to be true. CB Consumer Confidence was excellent – but the dollar lost it’s early gains. After the …

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