AUD/USD fell during the Tuesday session, completely wiping out the gains from the Monday session. The fears over the European crisis are weighing on risk assets, and the Aussie is one of the most favored ways for...
The USD/CAD shot through the parity level on Tuesday as the flight to the Dollar continues around the world. The oil markets will be very influential at this point in time, and the Light Sweet Crude markets...
Late last week we speculated weather the markets had discounted a victory by the socialist party in France. Judging by the market action this week, that was not the case.
Technical analysis for 08/05
For the second month in a row the Non-Farm Payroll number was well shy of the trade’s conservative estimate.
The results of Greek parliamentary elections held over the weekend kept the euro low against virtually all of its main rivals throughout yesterday’s trading session.
The EUR/USD pair gapped down massively on the open Monday. The elections in Europe shocked the markets as the voters in three countries went decidedly anti-austerity. In fact, Greek even went so far as to elect neo-Nazis...
The USD/JPY pair fell initially during the session on Monday, only to bounce again and close out the session just below the 80 handle. It is one of the most interesting areas in the Forex markets at...
The GBP/USD pair rose after originally falling in the Monday session. The pair reacted negatively at first to the European elections that were had over the weekend in Greece, France, and Germany.
The AUD/USD pair gapped down at the open for the Monday session like all “risk related” pairs, but the markets turned back around in the end as the gaps were all filled. The Aussie gave back some...