Forex-Metal Daily Analysis -06/04/2011
US dollar continues to loose its positions Asian and European trading sessions:
Category: Daily Forex Reports
7th April, 2011 – Daily Forex report by GFM Research
The Greenback depreciated more than 100 pips against the Euro, but EURUSD is approaching historical resistance zone of 1.4300 ranges. The U.S Dollar depreciated against the Aussie Dollar but remained range bound against the Cable for most...
Investors Eagerly Awaiting ECB Rate Decision
The euro took some mild losses against the yen and US dollar during the Asian session ahead of today’s euro-zone Minimum Bid Rate, scheduled to be announced at 11:45 GMT. The European Central Bank is widely expected...
A Day To Remember
Today may turn out to be one to remember. The European Central Bank will be holding their monetary policy meeting and they are widely expected to raise their interest rate for the first time since 2008 with...
Daily FX Market Outlook by AceTrader 4-4-2011
Market Review – 06/04/2011 19:59 GMT Euro rallies to a 14-month high ahead of ECB rate decision Euro rose broadly on Wednesday as ECB’s interest rate hike prospect continued to support the single currency. The European Central Bank...
The Day Before The Storm
The U.S. released its FOMC Meeting Minutes report on Tuesday and while it says the economy is making strides and has a stable to good outlook, it did express concern about inflation. This is interesting because only...
Euro Maintains Strength Ahead of ECB Meeting
The euro remained bullish in overnight trading as investors eagerly await the results of the ECB meeting scheduled to take place tomorrow. It is widely anticipated that the ECB will raise euro-zone interest rates, a move which...
6th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated mare than 200 pips from the lows against the Cable; while the Greenback traded flat against the Euro, Swiss Franc and the Aussie Dollar; the U.S Dollar continued appreciating against the Japanese Yen...
Daily FX Market Outlook by AceTrader 6-4-2011
Market Review – 05/04/2011 19:47 GMT Euro strengths in U.S. session on weaker-than-expected U.S. ISM non-manufacturing index Euro rose strongly in U.S. session on active shorting covering on Tuesday as the lower-than-expected U.S. ISM non-manufacturing index raised concerns...
Forex-Metal Daily Analysis -05/04/2011
Uncertainty in the FRS interest rate decision expectations. Asian and European trading session: