Category: Daily Forex Reports

Market Review – 21/10/2010 23:03 GMTDollar rises broadly on profit-taking before G-20 meetingThe U.S. dollar rose across the board on Thursday as investors became cautious ahead of the Group of 20 meeting in South Korea this weekend.

ForexPros Daily News October 21, 2010 Forex – EUR/USD edges higher after Geithner remarks Forex Pros – The euro edged higher against the U.S. dollar on Thursday, erasing early losses, following remarks by U.S. Treasury Secretary Timothy...

GBP/USD: 3 sessions after a vain breach due to reversal candle on a daily graph, the pair started to decrease very sharply and intensively. Until now, a technical correction of exactly… USD/CAD: The bullish power is strengthened...

Hello everyone. Let’s take a look at a downward trending market – the GBP/JPY hourly chart.

The U.S. dollar on Wednesday gave back most of the gains against major counterparts, dropping against the EUR and felling to a 15-year low against the Japanese yen, as the knee jerk reaction to China’s interest rate...

Market Review – 20/10/2010 22:57 GMTDollar weakens broadly on Fed policy outlookThe greenback fell sharply against other major currencies on Wednesday, as market expected U.S. Fed would ease monetary policy further to spur the economy. Dollar tanked...

On 4-hour graph the USD/CAD currency pair continued the upside movement successfully breaking through the resistance level at 1.0190.

ForexPros Daily News October 20, 2010 Forex -USD/JPY moves lower, re-approaching 15-year low Forex Pros – The U.S. dollar was down against the yen on Wednesday, re-approaching a 15-year low as market focus returned to the prospect...

The USD has traded in a slightly stronger short term range the past day and a half as some investors have questioned the amount of money that the Federal Reserve will use in its quantitative easing scheme.