GBP/USD Open 1.5125 High 1.5208 Low 1.5081 Close 1.5132 On Monday Pound/Dollar was trading downwards, matching the negative Interbank sentiment at nearly -3%. The Cable depreciated from 1.5197 to 1.5091 yesterday, closing the day at 1.5132. Today,...
U.S. investors were given a day to rest on Monday in lieu of the Independence Day celebrations. The break from the markets may have been welcomed by many who have felt rather beleaguered the past week or...
ECB President Jean Claude Trichet has made his voice heard the past few days as he has tried to paint the EUR picture with bright brushstrokes. The EUR has enjoyed more stability the past week of trading...
Under the auspice of strong austerity measures and the promise of more to come from the ruling government coalition, the GBP has found the ability to gain against the USD.
The JPY is establishing a strong safe haven trend and is at seven month highs against the USD. Asian bourses have largely continued their negative turn as Japanese equities have struggled.
The EUR dropped some of its gains against the dollar and the yen in thin trading as U.S. markets were closed yesterday. A lack of high impact data on the economic calendar kept currencies in a tight...
EURUSD The pair is approaching the retesting levels as shown yesterday around 1.2470 and has bullishly rebound due to the positivity of momentum indicators. The expected direction for today is bullish , supported by momentum indicators, alongside SMA 50 that protects...
Crude continued its bearish pressure to breach 61.8% Fibonacci correction for the final ascend that will start from 67.15 towards the recorded top at 79.90. This makes us expect more bearish intraday movement today, where targets start at...
EUR/USD Open 1.2537 High 1.2562 Low 1.2480 Close 1.2536 On Monday Euro/Dollar decreased insignificantly. The European currency depreciated from 1.2562 to 1.2510 yesterday, in converse the Interbank sentiment projection, at nearly +4%, closing the day at 1.2536....
Market Review – 05/07/2010 19:34 GMTEuro falls against U.S. dollar on profit-taking and rate outlookThe euro traded sideways in Asia but with a soft undertone on Monday after Friday’s retreat fm 1.2613 to 1.2528 in NY trading...
