The EUR debt crisis continues to pick up steam. And repeating a performance from the past two weekends, European governments made several pronouncements over the weekend which are likely to affect investors today. The EUR lost ground...
Greenback drops with the release of the weak US data.
U.S. stocks ended with mild gains Thursday, putting two major indexes in positive territory for the week, as sentiment improved on the heels of a lower claims for jobless benefits and decent quarterly results in the retail...
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...
ForexPros Daily Analysis May 19, 2011 Intraday congestion shows the indecision in the EUR/USD The dollar’s buying momentum continues to struggle at 75.70. Recent highs at 75.73 and 75.70 have proved to be where the bulls are...
British pound loses more than 100 points today.
American shares rose Wednesday in a partial bounce-back from their recent slid. We started the day off with positive figures from Dell and finished the day off digesting the Fed minutes. The Fed doesn’t seem to be...
The U.S Dollar starts trading weak again; unable to trade beyond 76.50 the Dollar Index (DX) succumbed to profit taking at 76.10 ranges to trade currently at 75.40. Benchmark equity index of the Dow Jones Industrials (DJIA)...
ForexPros Daily Analysis May 18, 2011 Euro, Pound Rebounding To Next Setup, Yen Back In Range Euro: On the daily, the euro is threatening its short setup at 1.428 and may move into its next setup. The...
U.S. stocks fell for a third straight session after housing data and a slashed forecast from Hewlett-Packard Co. added to fears of further economic weakness, but shares ended off the day’s lows, helped by recent strength in...
