So far this week very little of interest happened in financial markets, currencies being no exceptions. Not much movement and if there is any it lacks conviction and/or follow through. This is happening in spite developments which, in theory, should create more than a yawn. There is some talk about Austria becoming second Greece and on [...]

After weeks of speculations, uncertainty and all out panic, some of Dubai received a lifeline, which could help it save Dubai World, real estate conglomerate which was destined to end up under auctioneer’s hammer.  Dubai officials were unwilling, or not able to, stand behind company’s debt, which created fears around the world about possible default [...]

Many Forex traders look at other markets when analyzing currencies. Stock market indexes are popular choice as well as commodities. Most recently gold has been mentioned at the same time as US Dollar. Another market is oil, the “blood” of modern world. For years traders and investors have been trying to use crude as a leading [...]