The GBP/USD pair shot straight up during the Friday session as the Federal Reserve Chairman Ben Bernanke suggested that the Federal Reserve could begin to buy U.S. Treasury’s again, driving yields even lower to drive investors looking...
The AUD/USD pair rose during the session on Friday as the 1.03 level comes into offer support. The pair has sold off rather significantly lately, and as such a bounce should have been expected.
The USD/CAD pair fell during the session on Friday in order to retest the bottom again. The 0.98 level should continue to hold as support in the meantime, but it does give way we think this pair...
On Friday, the US Dollar depreciated off the European session highs to close just above the critical support of 81.00 ranges to currently trade at 81.23 the short-term trend is still range bound between 81.00 and 82.10;...
Market review for 30.08.12: The market is waiting for tomorrow’s speech of Mr. Bernanke. Asian and European trading sessions:
Eurodollar is forming a triangle with the exchange rate currently rising in an Elliot ‘D’ wave, targeting the upper boundary at 1.2555. After that it will probably fall back down to the lower boundary at 1.2480 as...
With the markets lowering expectations for Federal Reserve Chairman Ben Bernanke’s highly-awaited speech in Jackson Hole today, the US dollar is perceived to gain alongside its Canadian counterpart.
The marketplace was relatively quiet yesterday, despite a positive Italian ten-year bond auction which signaled to investors an improving economic situation in the euro-zone. Today, the main piece of news is likely to be an eagerly anticipated...
The AUD/USD pair fell below the 1.03 level on Thursday, to signify further weakness. However, this area does look very supportive and the fact that we bounce slightly towards the end of the session should be no...
The EUR/USD pair ended up lower at the end of the Thursday session sitting just above the 1.25 level again, as it serves as support. With the Federal Reserve Chairman giving a speech later today in Wyoming,...
