Market Review – 28/04/2011 20:10 GMT Euro retreats from fresh 16-month high on profit-taking The euro initially extended recent sharp ascent to a fresh 16-month high of 1.4882 in Asian trading session on Thursday following comments by...
The Swiss economy will release KOF Swiss leading indicator at 09:30 GMT which is expected to retreat to 2.20 from 2.24, where a drop in the indicator as expected may push the pair up.
The Australian dollar rose sharply for three days in a row against the US dollar, while it strengthened to record a new multi decades versus the greenback at 1.0945 for the first time since it was freely...
The USD/JPY pair headed to the downside after the Fed kept rates steady between zero and 0.25%. The dollar lost ground against the Japanese currency, as the Fed policy makers are not considering a tighter monetary policy,...
S&P Credit agency reduced the credit rating of Japan to negative level.
The markets charge on as there is no change in the Fed’s policy. Investors rushed into stocks Wednesday, sending the Nasdaq Composite Index to its highest since 2000, after the Federal Reserve reiterated its vow to stimulate...
EUR/CHF Time: 00.30 Rate: 1.2935 Strategy: long Daily time frame
The USD/CAD had a tough day today as traders bought in the early hours, only to sell it off again after the Federal Reserve meeting and news conference. The pair is decidedly bearish, and this was demonstrated...
The USD/CHF pair had a bizarre day today, first shooting higher – only to fall again. While this only proves the inherent weakness in this pair, trading this pair on the short-term charts was probably a very...
The AUD/USD pair skyrocketed again today as the gold markets were very bullish. The Aussie benefitted from the massive buying the gold markets saw in the afternoon as the Fed decided to continue with QE2. The pair...
