Crude oil and gold reached level highs Thursday as investors turned to commodities amid concerns over the effect of the Federal Reserve’s 600 billion quantitative easing plan on the U.S. dollar and the U.S. economy.
Market Review – 04/11/2010 23:02 GMTDollar falls broadly on risk appetite after Fed decision The greenback dropped against major currencies on Thursday as the Federal Reserve’s bond-purchasing plan prompted investors to seek higher-yielding currencies and the Australian...
ForexPros Daily Analysis November 04, 2010 Euro, Pound March Towards Long Target Fed day provided some volatility with Euro and Pound pulling back into their next long setups. Interest rate decisions in the euro area (8:45am est)...
Release of the highly anticipated FOMC decision. Asian and European trading sessions: Euro: The EUR/USD pair showed minimums at the level of $1,4000. US Dollar: On Wednesday the US dollar showed its temporary rehabilitation against the major...
Normal 0 false false false USD/JPY Daily graph: http://www.real-forex.com/charts-daily/November2010/JPY_DAILY_041110.JPG
Thursday afternoon the Federal Reserve launched a second round of quantitative easing. The Fed announced its much anticipated decision to buy an additional $600 billion of Treasuries. Following the announcement the dollar traded near its 2010 low...
AUD/USD has confirmed weekly wave 5 by breaking above 1.0002. Now, within this wave there’s a set of 4 subwaves (colored red) with corrective wave 4 developing.
AUDJPY AUDJPY has been difficult to trade recently, chopping back in forth since the September jump in the yen. Price retested the level set before the Bank of Japan intervened, and has rocketed up higher since, breaking...
USD/CHF: For the last three weeks, an important uptrend corrected the previous direction of the pair until a very important resistance on the daily graph: 0.9933.USD/CAD: The navigation started a few weeks ago was stopped in the...
The USD traded in a rather predictable range against the major currencies on Tuesday as the U.S. midterm elections were held. The results of the election are nearly in and it is evident that the Republicans have...