The US dollar is set to recover some of its earlier losses versus the Australian currency this week, as investor sentiment turned sour from earlier released economic data. Chinese inflation was reported to have quickened more than...
Higher-yielding currencies and commodities saw significant gains yesterday, after the European Central Bank decided to leave euro-zone interest rates at 0.75% and ECB President Draghi predicted a gradual economic recovery in the region.
The USD/JPY pair had another bullish session on Thursday as the 89 handle was tested. This market is most definitely bullish, and although it is a bit parabolic at this point time, it does look like we...
The USD/CAD pair had a fairly bearish session as we slammed back into the previous lows. However, the 0.98 handle itself looks to be rather supportive so simply selling at this point in time is probably asking...
The GBP/USD pair shot straight up like it was fired out of a cannon on Thursday. The 1.60 level continues offer significant support, and going forward we still think this market is heading towards 1.63 in the...
The EUR/USD pair shot straight up during the Thursday session after the press conference from the ECB Chairman stating that he thought other G 20 nations would it work against the value of their own currency.
The AUD/USD pair shot straight up during the Thursday session and towards the end of the day was burning a breakout of the 1.06 resistance level. If we can get above this level, we fully expect to...
Higher-yielding assets took losses throughout the European session yesterday, following a disappointing German Industrial Production figure that led to fresh concerns regarding the pace of the euro-zone economic recovery.
The Euro is seen to gain opposite the British pound today as the European Central Bank is expected to keep interest rates on hold at a record low 0.75 percent as the Euro Zone economy shows some...
The USD/JPY pair had a very strong session during the Wednesday trading hours as the market climbed yet again. In fact, we broke above the top of the shooting star that was formed on Tuesday that should...
