Forex News & Currency Analysis

The US Dollar reversed its downward trend on Thursday after Federal Reserve members downplayed the fall of the US currency in the past few months by reminding investors that deflation is still a real threat. The Fed cited the falling prices in the US commercial real estate in their defense of not raising interest rates [...]

In a light day of trading due to the Veteran’s Day holiday in America, investors took the opportunity to trade the USD up after early session losses failed to break through key levels.
The technical rally also came after Federal Reserve board members said that any recovery in the US economy will be erratic at [...]