The USD/JPY pair is trading within a consolidation area since the beginning of the week, where the U.S. dollar is gaining against majors and the Japanese yen is trying to maintain its gains against the dollar.
The Australian dollar dropped sharply on Thursday morning against major trading partners and especially versus the U.S. dollar after the Australian employers unexpectedly cut jobs during the month of April, the most since 2009.
Tension in Greece is escalating, which pressures the euro.
Volatility came back into the broad markets in the wink of an eye on Wednesday. The markets maintained a steady stance for most of the day, but as the American session began to get underway in earnest...
Wall Street closed in red territory on Wednesday. U.S. stocks dropped sharply as commodities stumbled and the euro’s decline further frayed investors’ nerves. After dropping as much as 183 points, the Dow Jones Industrial Average closed down...
Oil prices dropped sharply yesterday with the New York Mercantile Exchange session closing just below the $98 price mark. US oil stockpiles rose over 3 million barrels for the second week in a row, marking a significant...
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
Greetings. Let’s take a look at the GBP/USD hourly chart. It seems the general trend remains bullish, however, look for more potential retracement to the downside. Look for the pair to potentially test the 1.6250 target area...
Market Review – 11/05/2011 20:37 GMT The euro tumbles broadly on renewed concerns over financial aid to GreeceThe single currency tanked on Wednesday due to uncertainty over European leader’s willingness to offer more financial aid to Greece,...
Wall Street tallied robust gains Tuesday to extend a winning run into a third session after Microsoft said it would buy Internet-phone company Skype for $8.5 billion. The deal bolstered expectations of more buyouts to come. The...
