The EUR/USD pair rose during the session after Mario Monti reminded the world on Thursday that ECB was there to lift asset prices with various quantitative easing schemes. Ultimately, we did manage to break above the 1.30...
The AUD/USD pair fell during the session again on Thursday, but bounced quite significantly from the 1.02 level. This level should end up being quite supportive as we have seen time and time again that buyers will...
It was late July when Draghi said he would do “whatever it takes” to preserve the euro. This included bond buying from those countries that requested help. Today, Thursday October 4, the ECB holds another meeting, this time...
Tracking the EUR/USD pair Date: 03.10.2012 Time: 17:24 Rate: 1.2905 Daily chart Last Review
The British pound is deemed to sustain its losses opposite the US dollar as the Bank of England convenes for its monthly policy meeting today. Although the central bank is widely expected to hold off on any...
The US dollar received a boost against several of its main currency rivals yesterday, following the release of better than expected ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI figures.
The Greenback traded mixed against the major pairs, wherein it continued appreciating against the Cable and the Aussie; it traded flat against the Common currency and the Swiss Franc.
The USD/JPY pair had a strong showing on Wednesday as we gained 50 pips. While this doesn’t seem like a big move, in this highly manipulated market it truly is. With the Federal Reserve and the Bank...
The USD/CAD pair rose during the session on Wednesday as we entered the resistance zone going all the way to 0.9950 or so. This cluster should continue to keep the bit of a lid on this currency...
The GBP/USD pair fell during the session after initially trying to rally on Wednesday, as we start to head back down towards the 1.60 level. However, the 1.60 level looks to be very supportive, and we do...
