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...
The EUR/USD fell again today, but this time broke through some of the previous support that had been holding the market up. 1.42 did hold however, and might be a bit of a “last stand” for this...
The GBP/USD rose fast and hard, and then fell in the same manner on Wednesday, showing how confused the market really is at this moment. The 1.63-1.64 area is still holding up, but does need to be...
The USD/CAD fell on Wednesday, and then rose. All of this is predicated on the wild ride oil had as the US announced it had plenty in storage. The 0.97 level is still major resistance, and will...
The USD/CHF rose on Wednesday trading, clearing the 0.88 mark – its first resistance level to worry about since the bounce started. The markets will certainly be watching the 0.90 area, as it is a much stronger...
The USD/JPY rose on Wednesday, only to fall back down, forming a doji. The pair is just above the all-important 80 level, and looks like it could be winding up for a move to the upside. We...
