Decision regarding the Greece bailout will be announced in the beginning of July.
The USD Dollar has lost its ground against most of the major pairs especially against the Common Currency and the Cable, whereas closed flat by the end of New York trade against the Aussie Dollar and the...
Market review for 13 – 17.06, 2011
The market will be looking for any signs of more stability after a rough few months. In the just-completed week, the Dow and the S&P 500 broke six-week losing strings. The Dow Jones Industrial Average rose 0.4%...
The US Dollar Index (DXU11) is expected to find support at 75.30 ranges, weekly close below 75.00 ranges would reinitiate long-term weakness in USD else DXU11 is expected to test 77.00. Consistent close above 77.20 would post...
GBPUSD is facing 1.6059 key support, a breakdown below this level will suggest that the uptrend from 1.5344 had completed at 1.6745 already, then the following downward move could bring price to 1.4500 area. However, as long...
Wall Street recovered to end mostly higher Thursday after a choppy session had Wall Street veering between the debt crisis in Greece and U.S. economic data that offered some respite. Stock trimmed their decline before the start...
The US Dollar Index (DXU11) is expected to find support at 75.30 ranges, weekly close below 75.00 ranges would reinitiate long-term weakness in USD else DXU11 is expected to test 77.00. Consistent close above 77.20 would post...
Negative rally of the euro, EUR/USD drops to 1,4150. Asian and European trading sessions:
The Dollar Index (DXU11) breaks out of the trading range 75.40/74.60 established during couple of days; DXU11 breaks out above 75.40 to post smart recovery to currently trade at 76.35 on the event of weaker equity bourses...