With a slow news day forecasted for today, the Euro continues to be weighed down by Greece’s deficit worries. Further impacting the hard hit currency is the lack of a concrete plan from the European Central Bank...
The Summit of the European leaders, does not stop Euro’s Avalanche Past sessions · USD Unemployment Claims out at 440K, versus expected 460K and prior 483K· CHF CPI m/m out at -.01% versus expected -0.4%, and prior...
GBP/USD Open 1.5699 High 1.5765 Low 1.5572 Close 1.5703Pound/Dollar remains within the downward channel, formed on the 3 hour chart. On Thursday the Cable dropped down to 1.5562, as expected, where the bearish movement was limited, than...
The U.S Dollar touched a 7-month high against the EUR Thursday after European leaders indicated they will support Greece, but not necessarily deliver direct aid. The greenback added to gains after the U.S. Labor Department said initial...
EUR/USD Open 1.3687 High 1.3800 Low 1.3600 Close 1.3691Euro/Dollar rose on Thursday to 1.3800, recovering the losses from the previous day, influenced from the increasing optimism on the market. From that point the currency couple started a...
Market Review – 11/02/2010 22:46GMT Euro rebounds after EU pledges aid to Greece Although euro rose in Asia to intra-day high of 1.3802 on active cross-inspired buying (eur/jpy rose to intra-day high at 124.16) due to expectations...
USD/JPY Open 89.90 High 90.11 Low 89.35 Close 89.96Dollar/Yen is still moving within the well formed downward channel on the daily chart, while on the 15 minute chart the currency pair is consistently climbing this week, reaching...
Past events • USD Trade Balance out at -40.2B versus expected -35.8B, prior -36.4B• CAD Trade Balance out at -0.2B versus expected -0.1B, versus prior 0.2B• AUD Employment Change out at 52.7K, versus expected 15.1K and prior...
ForexPros Daily Analysis February 11, 2010 Fundamental Analysis: Core Retail Sales (MoM) Traders of the US look forward to the publication of the Core Retail Sales tomorrow, January 12. The Core Retail Sales is a monthly measurement...
GBP/USD Open 1.5610 High 1.5765 Low 1.5572 Close 1.5593Pound/Dollar recovered this morning partly the losses from yesterday, as seen on the 5 minute chart. On Wednesday the Cable rose from 1.5589 up to the 1.5765 top, influenced...
