The AUD/USD is making a strong rollback off the resistance level near 1.0200. Earlier the pair has successfully tested the 1.0156 level.
The final numbers for the major currencies mask what was in fact a volatile trading day. The EUR, GBP, and CHF all settled within .1% of their close on Monday, as the European session’s moves were undone...
DJ faced resistance and settled lower at 12058.02 yesterday, almost 200 points lower from day’s high. Common Currency may find stiff resistance at 1.3955 ranges. ERUUSD though settled negative but caught in 1.3700-1.3865 range since last four...
The US dollar saw very little substantial movement during the Asian trading session as investors eagerly await today’s ADP Non-Farm Employment Change figure, set to be released at 13:15 GMT. Analysts are predicting the ADP number to...
Greetings. Let’s pull up the USD/JPY hourly chart. As you can see, we’re resting right on a major trend line and the next day or two may help solidify the pair’s movement.
Market Review – 01/03/2011 20:21 GMT Euro falls in NY as the rise in oil prices dents risk appetite Euro fell on Tuesday as crude oil prices surged due to the supply disrupttions n more turmoil in...
Elevated oil rate supports the commodity currencies.
EURUSD may find stiff resistance at 1.3955 ranges. Common Currency though settled positive but caught in 1.3700-1.3865 range since last three days. USDCHF may pair some of the price losses in near-term till its trades above 0.9230....
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly be made clearer. Today’s report on US personal spending at 12:30 GMT may...
Market Review – 28/02/2011 19:49 GMT Euro n cable rise on speculation Fed’s Bernanke continues stimulative policy The euro rose on Monday on speculation the Federal Reserve Chairman Ben Bernanke would iterate his supportive stance on the...