Forexpros.com Daily Analysis – 15/12/2009
Forexpros Daily Analysis Dec 15, 2009 Fundamental Analysis: Interest Rate Decision The Federal Open Market Committee (FOMC) decision on short term interest rate is due out tommorow (Dec 16) in the US.
Category: Daily Forex Reports
GBP/USD 1.6248 – 15 December 2009
GBP/USD Open 1.6309 High 1.6320 Low 1.6189 Close 1.6311Pound/Dollar traded hesitantly on Monday within the 1.6189 – 1.6320 range, forming divergence on the the daily chart, which indicates consolidation phase for the Cable. Signals are neutral in...
Daily Forex Analysis by Finexo.com 15/12/2009
USD Risk Appetite was boosted on Monday after Abu-Dhabi announced a ten billion Dollar (US) bailout of Dubai’s “Dubai World” holding company which announced two weeks ago that it will need to restructure its current debt load....
Dollar Falls after Dubai Relief Package
The dollar fell slightly against the major currencies on Monday as signs of a sustained economic recovery and reduced concerns of a default in Dubai curbed demand for the U.S. currency as a refuge. The emirate’s move...
EUR/USD 1.4655 – 15 December 2009
EUR/USD Open 1.4654 High 1.4683 Low 1.4603 Close 1.4659Euro/Dollar attempted to decrease on Monday, reaching a bottom of 1.4603, where further bearish motion was limited and quotes jumped up to the 1.4683 top, as expected, closing the...
Forexpros.com Daily Analysis – 14/12/2009
Forexpros Daily Analysis Dec 14, 2009 Fundamental Analysis: ZEW Economic Sentiment Report German traders await publication of the ZEW Economic Sentiment Report, which will be released tomorrow (Dec 14). The report determines sentiment among German institutional investors,...
Daily Forex Analysis by Finexo.com 14/12/2009
USD The US Dollar gained broadly on Friday after a Retail Sales report came in stronger than expected, boosting the hopes, once again, that the US will move to raise interest rates sooner than initially predicted. The...
U.S. Interest Rate Announcement Expected This Week
Last week’s major development was the strengthening Dollar. This has shown that a real change in the market might take place, and that the Dollar could strengthen further. The most significant news publication this week will be...
USD/JPY 88.84 – 11 December 2009
USD/JPY Open 88.29 High 88.99 Low 87.76 Close 88.19Dollar/Yen made a lowering attempt on Thursday to the 87.76 bottom, from where it started climbing up to 88.43, closing the day at 88.19. Today Dollar continue to strengthen...
GBP/USD 1.6302 – 11 December 2009
GBP/USD Open 1.6274 High 1.6342 Low 1.6216 Close 1.6276Pound/Dollar traded hesitantly and with volatility on Thursday. Quotes attempted to decrease, reaching a bottom at 1.6216, from where the Cable bounced up to the 1.6342 top, closing the...