The USD weakened against the EUR and the GBP on Thursday in markets that traded with somewhat tamer results. While Wall Street actually turned in a good day of gains across the major indexes, the currencies turned...
EUR investors were given a rather peaceful day to trade on Thursday, as the single currency turned in gains against the greenback. German Prelim CPI numbers met expectations head on with a result of 0.1%, not exactly...
The Sterling enjoyed a good day of gains versus the USD on Thursday. This occurred even as the CBI Realized Sales report turned in a brutally bad reading of minus -18 compared to the positive 13 which...
The JPY lost some ground to the USD as Asian bourses followed its international counterparts and staged an equities rally. Risk appetite made an appearance long enough to take the JPY lower, but it does remain in...
The USD experienced a wide trading pattern on Wednesday as it started the day in a weaker mode, but finished on the stronger side of its range. Caution was again the byword surrounding investors who clearly remain...
The EUR proved on Wednesday that it can still produce gains versus the USD, but it also proved that it remains vulnerable. The economic data released from Europe yesterday did little to strengthen sentiment among those backing...
The Sterling traded largely in range against the USD on Wednesday. Data released from the BBA Mortgage Approvals proved negative with a number of 35.7k, below the estimate of 37.6k. The U.K. continues to publish mixed data...
The JPY and USD pair danced again within a tight consolidated pattern as investors refused to shake off the safe haven status that both currencies enjoy. The JPY continues to find strength as questions and fears resonate...
GBPUSD: The Pound has begun to consolidate at 1.44. Notice the last several down candles have all had long lower wicks. The implication is that Sellers are forcing price down but there are enough buyers in the...
As Asian bourses continued to reflect the unimpressive results in other international equity markets, the JPY was bolstered by risk adverse traders. The Yen now finds itself touching the strongest parts of its range versus the USD...
