dollar exchange rate

Good Morning,The US bail-out plan is still not ratified as I'm sure you will by now be fully aware from the intense media coverage this is all being given.For those who have already bought their prope...Read more

Ok, I know I said I would get back to you with an evaluation of the US $700 billion resue package but guess what? It hasn't been approved yet after 9 days of deliberation !It would appear that a few c...Read more

Good Morning,A quiet (ish) 24 hours as the market consolidates after last week's mayhem.The greenback has slipped from an eight-month high against a basket of currencies as traders take  profits ...Read more

Good Morning,The rollercoaster ride I wrote about on Friday is still very much happening.  After a poor day for the Dollar on Monday, we saw a marked improvement yesterday after stronger t...Read more

Good Morning,The Dollar eased back a little yesterday as US shares took a knock and Federal Reserve member Stern talked down the chances of immediate economic recovery. As a recognized dove thi...Read more

Sorry, did I say last Friday that last week had been .. "... some week, even by recent standards..."  ??Well I reckon we've topped that in the past 7 days and it's proving to be a long hot...Read more

Good Morning,The Pound enjoyed a better day yesterday,  as the minutes of the July Bank of England Monetary Policy Committee meeting revealed a more hawkish tone with a three-way split. Th...Read more

Good Morning,A quiet-ish 24 hours in the absence of new data and with a Japanese holiday overnight.The Dollar has been sold a little as concerns remain for the fragility of the US financial se...Read more

.....but the weaker Pound presents excellent opportunity to cash in on those European investments !This has been some week, even by recent standards !I forecast last Friday that we would test 1...Read more

Good Morning,The Dollar found a few buyers yesterday after a slide in oil prices and with Federal Reserve Chairman Ben Bernanke assuring investors that the Fed will keep assisting US financial ...Read more