Dollar Trades Higher as Fed Rate Announcement Awaited

by Forexyard.com | November 4, 2009 6:34 am
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. Investors will focus on the interest rate outlook, but many analysts say the...

EUR/USD 1.4738 – 4 November 2009

by iFOREX.bg | November 4, 2009 6:31 am
EUR/USD Open 1.4724 High 1.4805 Low 1.4631 Close 1.4720 Euro/Dollar failed to continue ascending movement on Tuesday and is now testing the lower limit of the trend line around 1.4630, as seen on the 1 hour chart....

Forexpros.com Daily Analysis – 03/11/2009

by forexpros.com | November 3, 2009 11:47 am
Forexpros Daily Analysis Nov 3, 2009 — The Federal Open Market Committee (FOMC) decision on short term interest rate is due out tomorrow (Nov 4). The decision on where to set interest rates depends mostly on growth...

USD/JPY 90.20 – 3 November 2009

by iFOREX.bg | November 3, 2009 11:10 am
USD/JPY Open 90.39 High 90.65 Low 89.16 Close 90.23 On Monday Dollar/Yen made a significant upward movement, after reaching the 89.16 bottom, as expected. On the 3 hour chart the descending channel was broken again upwards with...

GBP/USD 1.6326 – 3 November 2009

by iFOREX.bg | November 3, 2009 8:56 am
GBP/USD Open 1.6393 High 1.6479 Low 1.6293 Close 1.6401 On Monday Pound/Dollar was surfing on the top of the downstream wave, and is trying to hold it there. The Cable climbed to the 1.6479 top, from where...

U.S. Factory Orders to Dominate USD Trading

by Forexyard.com | November 3, 2009 7:26 am
The USD is likely to move on the U.S. Factory Orders publication today at 15:00 GMT. The reason why this release is so important is due to Monday’s releases that showed the U.S. economy is on a...

EUR/USD 1.4779 – 3 November 2009

by iFOREX.bg | November 3, 2009 7:21 am
EUR/USD Open 1.4772 High 1.4840 Low 1.4682 Close 1.4770 After the ascending correction of the Euro/Dollar at the end of last week, the currency couple dropped first on Monday, as expected, reaching a bottom at 1.4682, than...

Forexpros Daily Analysis – 02/11/2009

by forexpros.com | November 2, 2009 2:24 pm
Forexpros Daily Analysis Nov 2, 2009 — UK traders await the release of the Nationwide Consumer Confidence report tomorrow (Oct 3rd). The report is calculated from a survey of about 1,000 consumers, and measures the level of

Fundamental Weekly Outlook

by forexpros.com | November 2, 2009 1:07 pm
EU:• Monday: France PMI Manufacturing (Previous 55.3, Expected 55.3), Germany PMI Manufacturing (Previous 51.1, Expected 51.1), Euro-zone PMI Manufacturing (Previous 50.7, Expected 50.7).

USD/JPY 91.19 – 30 October 2009

by ForexCycle.com | October 30, 2009 11:49 am
USD/JPY Open 91.50 High 91.60 Low 90.25 Close 91.48 On Thursday Dollar/Yen continued reached a bottom at 90.25, from where corrected sharply upwards to the 91.60 top, closing the day at 91.48. After failing to break above...