Overview: This situation is similar with the euro. The price, having not completed the planned targets, began to move in sideways direction again. We see, as the price moves in the sideways channel, which is clearly signaled...
Market Notes: Sterling continues to be the weakest kid on the block due to the weight of weak data.Chinese exports showed a 45.7% annual increase this morning while imports grew 44.7%, adding fuel to the global recovery...
GBP/USD Open 1.5013 High 1.5196 Low 1.4975 Close 1.4995Pound/Dollar slipped bellow 1.5 on Tuesday on Goods trade data. The Cable dropped down to to 1.4938, from where it corrected up to 1.5015, closing the day at 1.4995....
Investors raised their appetite for riskier assets during yesterday’s trading, but still avoided European and British currencies because of debt worries. The big gainers yesterday were the AUD and CAD, both currencies are linked to commodities, in...
EUR/USD Open 1.3607 High 1.3698 Low 1.3541 Close 1.3599After rising on Monday to 1.3698, Euro/Dollar traded with a slight decrease on Tuesday down to 1.3541, closing the day at 1.3599. Our expectations for the currency couple are...
Market Review – 09/03/2010 22:52GMT Euro declines on debt woes and Fitch’s comments The dollar traded higher against most major currencies except the Japanese Yen on Tuesday. The safe-haven yen rose broadly amid Japanese repatriation flows while...
There were no any changes on Monday, as the pair growth before noon was fully leveled by slumping demand for risky assets in the US trades.
ForexPros Daily Analysis March 9, 2010 Fundamental Analysis: JPY – GDP (QoQ) Traders anticipate the publication of the Gross Domestic Product (GDP). It is the broadest measure of economic activity and is a key indicator for the...
GBP/USD Open 1.5040 High 1.5196 Low 1.4975 Close 1.5063Pound/Dollar descended insignificantly on Monday, as sentiment remains unclear, and risk investors are looking for incoming data to point direction. The Cable rose to 1.5193, from where it started...
Past Events: • EUR German Industrial Production m/m out at 0.6% versus expected 1.1%, prior 1.0%• GBP BRC Retail Sales Monitor y/y out at 2.2% versus expected -0.7%• GBP RICS House Price Balance out at 17%, versus...
