US Dollar Surges Against European Majors [USD]
Around 3:10 am ET, the US dollar spiked higher versus its major European counterparts. AS of now, the dollar is worth 1.1191 versus the franc, 1.4629 against the euro, 2.0468 against the sterling.
Dollar Ticks Down After Last Week's Modest Recovery []
The U.S. dollar is receding in the first trading session of the week after comments from the Gulf Cooperation Council over a revaluation of the dollar-peg exerted downward pressure on the greenback.
Aussie Slightly Higher In Early Asian Trading [AUD]
The Australian dollar showed strength against its US, Japanese and European counterparts in the early Asian trading on Monday. However, the Aussie reversed its trend around 7:15 pm Eastern Time. Against its Canadian counterpart, the Aussie lost its momentum in the early Asian trading.
Stocks Seeing Significant Strength Following Recent Weakness - U.S. Commentary []
With traders going bargain hunting following substantial weakness in recent sessions, the U.S. stock markets are turning in a strong performance in morning trading on Tuesday. A variety of sectors are moving back to the upside.
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