The US dollar continued yesterday’s strong reversal, trading considerably higher against most forex trading counterparts following the day’s FOMC interest rate announcement.

Currency technical analyst Jamie Saettele analyzes the Japanese yen against the Canadian dollar, Swiss franc, and New Zealand dollar.

Anticipation of the upcoming FOMC rate decision at 18:15 GMT kept most of the majors in very tight trading ranges throughout the Asian and European sessions.

If oil crashes, there will be ripple effects across many economies. The trade to turn to is the Canadian dollar.

The break below 2.0279 in the British pound instills confidence in the bearish outlook.

A very quiet night of trade in the currency market as a combination of a nearly empty economic calendar and the anticipation of the upcoming FOMC rate decision kept most of the majors in very tight trading ranges throughout the Asian and European sessions.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for August 7.

Derek Frey provides weekly market commentary on currencies for the week of August 6.

The U.S. has neglected capital investment…and the manufacturing sector generally for a quarter century. How will it now export its way out of a recession?

Equities, bond yields and the US dollar are all higher today indicating that the markets are collectively hoping for some reassurance from the Federal Reserve tomorrow.