The US dollar opened this week moderately stronger versus the euro as traders appear to have continued nursing wounds from last week’s dizzying session. The result has been for the EUR/USD to come within reach of 1.4050...
Market Review – 13/05/2011 20:12 GMT U.S. dollar rallies on broad-based risk aversion on Friday The single currency went through a roller-coaster session in volatile trading on Friday. Although euro weakened in Asian morning to 1.4185 as...
Drop of the euro and the pound.
Wall Street closed in green territory. American shares rose along with commodities Thursday as the dollar fell against the euro, continuing what one analyst said is Wall Street’s call for continued stimulus from the Federal Reserve. It...
Greetings. Let’s take a look at the USD/CAD hourly chart. It seems like the low from late April/early May is holding up and we’re currently looking at a 3 wave correction.
With most of the asset classes especially equity bourses and commodities, finding stability in the lower ranges, the Dollar Index expected to find resistance at 76.10; only weekly close beyond 76.20 ranges would give confirmation of short-term...
The broad markets remained rather cautious on Thursday as the USD continued to hold ground against the EUR and GBP. After months of taking it on the chin from the Single Currency the Greenback appears to be...
The EUR was not able to hold its recently stable price against the US dollar as regional investors battled over the direction of the 17-nation common currency. Regional bears won the day as the rumor mill chewed...
Market Review – 12/05/2011 20:51 GMT Euro pares early losses in New York as commodity prices rebound strongly Euro rebounded strongly from a near six-week low on Thursday as commodity prices recouped initial sharp losses. In addition,...
The AUD/USD fell, and fell hard in Wednesday trading. Action like this is always very bearish, but it should be noted that a lot of things sold off – and not all of them correlated. In other...
