The AUD/USD pair rose during the session on Monday, continuing the bullish action as seen over the last four sessions. However, we are approaching the 1.05 level and it does look like the pair is starting to...
The USD/CAD pair fell during the session on Monday as the fall in this pair continued. However, the parity level is just below and we feel that it will more than likely offer some kind of support.
The euro-dollar pair is currently rising within a channel visible on the 4-hour chart, if it continues it could reach the upper channel line at 1.2360, however, any higher would be less likely. The pair has formed...
Market review for 30.07.12: The markets in anticipation of the ECB and Fed of U.S. meetings.
The Euro incurred losses against the British pound in yesterday’s European trading session as markets wait for actions to be taken by the European Central Bank (ECB) after President Mario Draghi last week pledged to preserve the...
According to provisional results of the Federal Statistical Office (Destatis), the June turnover of German retail sales, when adjusted for calendar and seasonal variations, was in nominal terms 0.3 percent larger than that of last May. However,...
Commitment of Traders (COT) Report 24 July 2012. The latest COT report shows that speculators reduced their net USD long by 45,518 contracts.
The euro gave up some of its recent gains against its main currency rivals yesterday, as investors remained concerned about what actions the ECB can take to lower borrowing costs in Spain and Italy. Today, traders will...
The Canadian dollar is benefiting from speculations of policy action by foreign central banks.Now on its third consecutive week, the Loonie currency is in its longest streak of gains against its US counterpart.
The aussie has continued channelling higher in what might be a bullish ending pattern. It is currently at a strong group of resistance lines and there is a possibility that it might roll-over from here and fall...
