The Sterling has climbed to highs against the USD and finds itself within a historically known value. Like the EUR the GBP does have many issues that have not gone away regarding its own financial foundations, but...
Like a song that keeps playing on the radio, the JPY and AUD continue to go to highs against the USD in what has become a consistent theme. A strong JPY does Japan’s export companies no good...
A tightening of monetary policy in Singapore was the main factor in the dollar dropping to record lows against several of its main currency rivals in trading yesterday. The EUR/USD pair went as high as 1.4123 before...
USD/CAD:The decrease of the currency until the support level 0.9974 anticipated in the last session truly happened. EUR/JPY:An interesting resistance stopped the trend at 114.83, suggesting a reversing trend. The reversal may create an opportunity for a...
Market Review – 14/10/2010 23:03 GMTDollar falls to a fresh 15-year low against yenThe greenback dropped against most major currencies on Thursday after Singapore widened and raised the trading band of the Singapore dollar. The dollar index...
The GBP/JPY rolls back after it declined to 129.00. Neverthless, it is expected that the currency pair will move down to the support level of 128.00 soon.
Positive Asian economic data supported the risk appetites. Asian and European trading sessions: Euro: Expectations for the release of the strong European statistics pushed the EUR/USD rate to the maximums of $1.3982. The Euro-zone industrial production indeed...
ForexPros Daily News October 14, 2010 Greenback Tumbles as Dollar Selling Intensifies — Forex – USD/JPY tumbles to 15-year low amid intervention fears Forex Pros – The U.S. dollar tumbled to a fresh 15-year low against the...
EURJPY On the 4 hour, the EURJPY traded in a rising channel for 4 weeks, from mid September until this week. Prices have now broken through the channel, and after a quick test of the channel as...
The US dollar tumbled against a wide range of currencies Thursday, hit by continued weakness ahead of expected easing by the Federal Reserve, and quickly accelerated by a surprise decision by the Monetary Authority of Singapore to...
