Market Review – 04/08/2010 22:58 GMTDollar rebounds from a fresh eight-month low against yen on upbeat U.S. economic dataThe greenback rebounded strongly from an 8-month low against the Japanese yen on Wednesday, as upbeat U.S. data prompted...
The US stocks on Tuesday fell amid disappointing financial reports of companies and more weak-than-expected US economic statistics, which strengthened investors’ worries about the stability of the recovery. Dow Jones Industrial Average according to the trading results...
Crude touched the awaited resistance at 82.25 and reversed to the downside reaching midway towards the first suggested target at 81.10. Crude is currently testing 82.00, while momentum indicators are still showing negative signs that support resuming the...
EURUSDThe pair since this morning has been trading on a negative slant, although 1.3185 stands as a barrier stopping the pair from moving to the downside; keeping in mind that Stochastic is gradually unloading the negative momentum....
ForexPros Daily Analysis August 04, 2010 Fundamental Analysis: Initial Jobless Claims The Initial Jobless Claims is a seasonally adjusted measure of the number ofpeople who file for unemployment benefits for the first time during thegiven week. This...
The USD continued to lose ground to the major currencies across the spectrum on Tuesday. Data from the States produced another lackluster day and will likely set the tone for a rather cautious approach going into the...
On little economic data from the E.U. the EUR continued to effectively trade to the stronger part of its month long trend. Today the Final Services PMI will be released and is anticipated to have a mark...
The Sterling gained again on Tuesday as traders continued to back the GBP even as the Construction PMI left a sour taste. The Construction PMI turned in a reading of 54.1 compared to the estimate of 58.2....
The JPY finds itself at its highs against the USD and traders and the Japanese government are watching its results with interested and concerned eyes, though not likely for the same reason.
After the metal exited the main upside wave in correction for the wave that started from 745.00 towards 1752.50, the correction stopped around 23.6% correction for the upside wave, where the metal start to reflect an upside...
