Speculations that a deal will soon be reached to provide Greece with a new round of bailout funds, combined with a better than expected German business climate figure, turned the euro bullish against most of its main...
The Dollar Index falls again from 81.20 ranges from where it has sold off during September. Currently it is trading at 80.30 with 79.90-80.00 acting as important support. Daily close below 79.80 would result in further depreciation...
The New Zealand dollar is seen to benefit from risk-on trades today as optimism over holiday sales in the US and a Greek aid package is deemed to buoy market sentiment.
The USD/JPY fell during the session on Friday, but got a bounce as this pair continues to defy gravity.
The USD/CAD pair fell on Friday as the “risk on” rally started up. However, we are still above the 0.99 handle, which of course is a fairly significant support line. As long as we are above that...
The GBP/USD pair rose during the session on Friday as we continue to bounce from the 1.58 level. This market has been extremely aggressive to the upside over the last several months, with only as the pullback...
The EUR/USD pair rose during the session on Friday as the Euro continues to gain. Overall, the currency looks very strong at the moment, and it appears that we are heading towards the 1.3150 level before it’s...
The AUD/USD pair rose during the session on Friday as the 1.04 level continues to act as a magnet to price.
The euro saw gains against virtually all of its main currency rivals yesterday, as the combination of positive Chinese, French and German data boosted confidence in the global economic recovery and encouraged risk taking among investors.
The Japanese yen came under pressure in the previous Asian trading exchanges on growing speculations that a potential change in the Japanese administration would force the Bank of Japan (BOJ) to implement more aggressive economic measures to...
