ForexPros Daily Analysis May 16, 2011 Euro, Pound in Measured Moves Short, Yen At Bottom Range Euro: On the daily the euro is in measured moves short and coming close to breaking its longer term long, with...
The release of housing data and quarterly results from major retailers will likely put a double focus on consumer-driven stocks in the coming week as debt concerns loom. On Monday, the National Association of Home Builders is...
Another week begins with intense anticipation in the forex and commodity markets. Will silver and oil bounce back from their recent collapse, or will we see another red week with tremendous market instability. Either way, we are...
The reversal for the USD continued its trend on Friday as the Greenback continued to gain value against the EUR and GBP. Commodity markets also declined before going into the weekend. The EUR started out Friday with...
Increase in Michigan Sentiment pushes the U.S Dollar to furthers highs on Friday; the Greenback continued strengthening for the consecutive week after the Dollar Index (DX) hitting low of 72.89 ranges couple of weeks earlier.Benchmark equity index...
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.
