11th February 2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 11, 2011 6:51 am
With the Dow (.DJIA) yielding at the historical congestion zone of 11200 ranges, USD continued its strength across the board especially against the Common Currency, Aussie Dollar, Japanese Yen and Swiss Franc. Except for the Cable which...

10th February 2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 10, 2011 7:11 am
After breaking the immediate hurdle of 1.3700, Euro posed third straight positive close at 1.3718, though 1.3725 may act as major resistance. AUDUSD settled negative yesterday at 1.0106 – likely to continue price loss in near term...

09-Feb-2011 : FX Daily Report by GFM Research

by gfmresearch.com | February 9, 2011 6:07 am
EURUSD managed to post second consecutive positive close at 1.3625 against previous close of 1.3593 – just trying to set in bullish momentum once the daily closing happens beyond 1.3700 ranges.  In case of EURUSD, till it trades above...

08-Feb-2011 : FX Daily Report by GFM Research

by gfmresearch.com | February 8, 2011 6:19 am
EURUSD fared some of the losses after falling to day’s low of 1.3508 and closed marginally on a positive note yesterday at 1.3593 against previous close of 1.3583. Dow Jones continued the rally for 6th consecutive day...

07-Feb-2011 : FX Daily Report by GFM Research

by gfmresearch.com | February 7, 2011 6:59 am
Dollar continued to rally for the second straight day on Friday 04th Feb, against every major pair after unexpected sharp decline in unemployment rate in US to 9.0 percent for January 2011 against median expectation of 9.5...

04-Feb-2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 4, 2011 6:59 am
Dollar strengthened against almost every pair on the back of positive US numbers released yesterday coupled with ECB President’s intention of not boosting interest rates in near future. ECB Monetary announcement dented the up rally of Euro,...

03-Feb-2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 3, 2011 6:33 am
Dollar, after hitting a new low of 1.3861 since November 09, 2010, found support and managed to post positive close marginally against euro at 1.3815 yesterday against previous close of 1.3828.  Tracking dollar, Dow Jones Industrial Average...

02-Feb-2011 – FX Daily Report by GFM Research

by gfmresearch.com | February 2, 2011 8:19 am
Dollar extended its loss against euro and settled at 1.3828 yesterday after making days low of 1.3843. US stocks and Dow Jones advanced yesterday after ISM manufacturing Index beat estimate. Dow Jones Industrial Average made new high...