AUD/USD rose during the session after more quantitative easing came out of the Federal Reserve on Thursday. The 1.05 level has been broken above now, and as such it does look like we’re going to continue much...
The dollar saw a mixed reaction against its main currency rivals yesterday, following the Fed’s decision to expand its bond buying program. Even though the move was widely anticipated, the market still saw substantial volatility, with the...
The Euro gained versus the US dollar in the previous European trading session as the German Constitutional Court rendered judgement in favor of the European Stability Mechanism, the Euro Zone’s bailout fund, clearing the way for Germany...
The German judges yesterday approved German participation in the ESM bailout fund, providing the Germans are responsible for no more than €190B. A number larger than the €190B would need to be approved by the Bundestag.
The EUR/USD pair rose again during the Wednesday session as the world awaits the Federal Reserve decision. This decision comes out later today, and it could provide more fuel for this rally. The 1.28 handle now looks...
The USD/JPY rallied a bit during the Wednesday session as the 78 handle was tested again. The fact that we have broken down through this massive support area is a bearish sign, and the fact that we...
The GBP/USD pair rose during the session on Wednesday as the rally continued. The 1.61 level offered resistance though, and we have formed a bit of a shooting star. We don’t think that any fall from this...
AUD/USD rose during the session to test the 1.05 handle, but failed in the end. By the end of the day, we saw a shooting star form, and it does look rather suspicious at this particular point...
The USD/CAD pair rose during the Wednesday session in order to form a complete turnaround of the selloff on Tuesday. Nonetheless, we are still under the 0.98 handle, and until we break well above that we still...
The US Dollar slipped across the board though with lesser momentum; with all eyes on the Fed policy today, the most of the major pairs are trading flat. Further direction may be established during American session.
