Yesterday’s trading was filled with exciting developments; the dollar ended a bearish run against the euro and the British pound on one hand, and reached a 15-year low against the Japanese yen on the other hand. In...
Unexpectedly low ADP employment affects the market. Asian and European trading session: Euro: The EUR/USD pair reached the 8-months maximum at the $1,3880 mark. US Dollar: On Wednesday the US dollar was still trading at the 8-months...
ForexPros Daily News October 7, 2010 Forex – USD/JPY tumbles to new 15-year low as intervention sidelined Forex Pros – The U.S. dollar tumbled to a fresh 15-year low against the yen on Thursday, as the threat...
Highlights GBP/USD On the short term, the pair still doesn’t follow any direction or trend. The resistance 1.5896 seems to be very strong and the currency succeeds only in testing the resistance without breaking it. Those two...
The USD continued its decline on Wednesday against many of the major currencies as the broad markets exhibited nervousness – this as equities turned in mixed results and gold once again climbed to new highs.
The US dollar was weaker again as high yielding currencies performed well. The euro was up sharply versus the dollar and global bourses were higher following yesterday’s strong trading session in the Dow.
Market Review – 06/10/2010 22:17 GMTDollar sinks against yen and euro on U.S. easing speculationThe greenback tumbled to a fresh 15-year low against the Japanese yen and a new 8-month low against euro on Wednesday, as weak...
According to wave count this currency pair is developing corrective wave to the upmove 0.9462-0.9749. In caset 0.9749 is broken to the upside we’ll have wave C of the same degree developing (daily – colored royal blue)....
Risk appetites are back. Asian and European trading sessions: Euro: On Tuesday the EUR/USD rate managed to grow and reach its trading session maximums at the level of $1.3792. The release of the strong European statistics supported...
ForexPros Daily News October 6, 2010 Forex – GBP/USD hits fresh 2-month high as dollar slumps Forex Pros – The pound edged higher against the U.S. dollar on Wednesday, rising to a fresh 2-month high as concerns...
