The market will be looking for any signs of more stability after a rough few months. In the just-completed week, the Dow and the S&P 500 broke six-week losing strings. The Dow Jones Industrial Average rose 0.4%...
The weekend did not produce an agreement for the Greek debt situation. Germany and other nations continue to debate the amount of money that Greece will be able to receive before the Greek government implements ‘needed’ austerity...
The EUR was able to hold its recent price against the US dollar as regional investors battled over the direction of the 17-nation common currency. The push and pull between bears and bulls was mostly even this...
06/20/2011 07:06 UTC CHF swings higher as it strengthens against the AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 8 out of 8, thus suggesting that the current swing may be...
The US Dollar Index (DXU11) is expected to find support at 75.30 ranges, weekly close below 75.00 ranges would reinitiate long-term weakness in USD else DXU11 is expected to test 77.00. Consistent close above 77.20 would post...
06/20/2011 05:35 UTC AUD swings lower as it weakens against the USD, JPY, CAD, CHF and GBP. Recent mid-term strength indicator reading for AUD is 3 out of 8, thus suggesting that the current swing may be...
06/20/2011 04:53 UTC USD swings higher as it strengthens against the EUR, GBP, CHF, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...
Please find hereafter our daily update on the majors as of June 17th 2011. (Click on the dedicated link to access our forum post with the chart).
Greenback under pressure. Asian and European trading sessions:
06/17/2011 10:53 UTC CHF swings lower as it weakens against the JPY, AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 8 out of 8, thus suggesting that the current swing may...
