FXA


News Stream Improves, ECB Continues to Weigh on Euro

The Reserve Bank of Australia defied expectations and left rates on hold earlier today. This has lifted the Australian dollar back to yesterday’s …

Beware Of Greeks Bearing Collateral

The main story today is not that the ECB will no longer (as of February 11) accept Greek government bonds as collateral and …

Yesterday’s Euro-Phoria Eases, Market Awaits ADP And Oil Supply Figures

The powerful bout of long dollar liquidation, spurred by optimism that the new Greek government had moved away from its posturing about debt …

Majors’ Currencies Stuck In Range, While Antipodeans’ Become Unstuck

The euro, sterling and yen remain confined to their recent ranges, while the Australian and New Zealand dollars succumbed to selling pressure. The …

European Developments Steal Spotlight From Today’s Fed Statement

On days that the Federal Reserve issues its statement that tends to be the main highlight of the trading session. However, with expectations …

Dollar Softer, Consolidating Recent Gains

The US dollar is sporting a slightly softer profile, but the price action is really more of a consolidation than a trend reversal. …

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