Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and JPY, which are seen as a safer bet than others currencies in times...
Dollar rallied against almost all major pairs on Friday. USDCHF and USDJPY remained firm during whole of last week to finally close positive st 0.9736 and 83.43 respectively. We are expecting USDCHF and USDJPY to rally further...
Market Review – 11/02/2011 20:07 GMT The dollar rises broadly despite Egyptian Hosni Mubarak’s resignation as president The U.S. dollar strengthened versus most of its counterparts on Friday even though Egyptian Hosni Mubarak finally resigned his post...
The EUR/USD currency pair is demonstrating downside movement to the support level 1.3538. Earlier on a 4-hour graph the EUR/USD has formed candlestick combination Falling Three Methods, indicating downside movement.
Greenback won its previously lost positions. Asian and European trading sessions:
Greetings. Let’s take a look at one of our favorite pairs to trade – the GBP/JPY. It does seem there is potentially more room for more upward movement, however, 134.00 is a strong resistance area so this...
Concerns that the euro zone nations are not doing enough to tackle the debt woes plaguing the region has moved many traders to pull away from European assets and seek out relatively safer investments. The decline in...
With the Dow (.DJIA) yielding at the historical congestion zone of 11200 ranges, USD continued its strength across the board especially against the Common Currency, Aussie Dollar, Japanese Yen and Swiss Franc. Except for the Cable which...
Market Review – 10/02/2011 20:14 GMT Euro tumbles on much lower-than-expected U.S. weekly jobless claims data The dollar rallied broadly (except vs the British pound) on Thursday after U.S. weekly jobless claims fell to a 2-1/2 year...
Reaction to the Ben Bernanke speech. Asian and European trading sessions:
