Last week, Wall Street ended mixed tendencies to close slightly higher after President Obama delivered his plan for reducing the deficit by $4 trillion over 12 years, and as the Federal Reserve’s beige book. It seems that...
The U.S Dollar depreciated to all time low of 74.825 despite the Michigan Sentiment rising month-on-month. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further...
U.S. stock indexes have largely been treading water, as Wall Street preps for an onslaught of earnings that will have more than 100 S&P 500 companies reporting in the week ahead. Next week everyone will be focused...
NZD/USD Time: 07:30 Rate: 0.7945 Strategy: short Considerations: Weekly time frame: Wolf deviation in the indicators – potential for short in a shorter time range.
Though the USD is gaining ground on the euro, the blame lies not on US strength but in euro zone weakness. The EUR failed to break above key resistance levels and promptly dropped as a result, pushing...
The USD gained on the EUR on Friday with the Greenback practicing a slightly better stance. The USD has seen sustained pressure, but managed to find some backing as rumors continued to swirl regarding the European Sovereign...
Market Review – 15/04/2011 19:57 GMT Euro falls on renewed fears over European periphery debt defaults Euro fell against the dollar and the Japanese yen on Friday as fears over European periphery debt defaults increased after Moody’s cut...
The ECB interest rate rise two weeks ago has left investors like the cat that got the cream and the euro fighting fit. But how long can the party last?
General weakening of the US dollar
Stocks on Wall Street clawed back from an earlier slide to close higher Thursday, as economic factors pressured the market. New jobless claims rose above 400,000 for the first time in a month with initial claims rising...
