May is coming to an end and once again as investors set their eyes at the US non-farm payrolls. In the last few weeks, we have seen interest rate expectations drop because of a slowdown in economic...
With the United States on holiday Monday, currency traders are likely to witness a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the...
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.Key equity index of...
The markets should prove rather cautious today as the U.K. and the U.S. both commemorate holidays. As trading ended on Friday the USD finished at the weaker side of its range against the EUR and GBP. Wall...
Market Review – 27/05/2011 21:11 GMT Euro rallies on easing of euro zone debt concerns and broad-based dollar weakness Euro rallied on Friday as euro zone debt concerns eased and the greenback weakened against its major counterparts...
05/29/2011 23:47 UTC NZD swings higher as it strengthens against the USD, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
05/27/2011 19:31 UTC NZD swings lower as it weakens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
05/27/2011 13:55 UTC JPY swings lower as it weakens against the EUR, GBP, CHF, AUD and NZD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
05/27/2011 12:27 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, CAD and AUD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
The Dollar Index (DXM11) taking resistance at 76.50 ranges is lower at 75.20 ranges; weekly close below 75.00 ranges would result in continuation of the long-term dollar weakness.Benchmark equity index of the Dow Jones Industrials (DJIA) recovered...
