06/17/2011 10:39 UTC AUD swings higher as it strengthens against the USD, NZD, CAD, CHF and GBP. Recent mid-term strength indicator reading for AUD is 4 out of 8, thus suggesting that the current swing may be...
06/17/2011 10:27 UTC USD swings lower as it weakens against the EUR, GBP, JPY, CHF, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may...
The Confidence Game that Europe has been playing for over a year regarding its debt crisis is reaching critical levels. This weekend German and French officials are set to meet to discuss the Greek bailout. The uncertainty...
Wall Street recovered to end mostly higher Thursday after a choppy session had Wall Street veering between the debt crisis in Greece and U.S. economic data that offered some respite. Stock trimmed their decline before the start...
With the Republican debates kicking off this past week, and Rep. Anthony Weiner (D-NY) stepping down from office from his recent scandal, criticism of President Obama’s economic policies and stimulus will likely get revved up, possibly leading...
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...
Greetings. Let’s take a look at the USD/CAD pair. We’ve seen an upward movement since May and it looks like there still may be a little more push up left.
Market Review – 16/06/2011 21:57 GMT Euro rebounds in NY on improved risk appetite as U.S. stocks gain The single currency staged a modest rebound in New York afternoon session after falling to a three-week low of...
06/16/2011 23:23 UTC NZD swings higher as it strengthens against the USD, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 7 out of 8, thus suggesting that the current swing may be...
Please find hereafter our daily update on the majors as of June 16th 2011. (Click on the dedicated link to access our forum post with the chart).
