The Dollar is down today as investors await policy announcements from the European Central Bank (ECB) and the bank of England (BOE). Although no interest rate changes are expected, investors will be closely watching any accompanying remarks...
GBP/USD Open 1.5951 High 1.6071 Low 1.5860 Close 1.5963 On Wednesday Pound/Dollar traded hesitantly, but with high volatility. On the 3 hour chart quotes climbed over 1.6000, reaching a peak at 1.5972, closing the day at 1.5921....
EUR/USD Open 1.4687 High 1.4773 Low 1.4655 Close 1.4688 Euro/Dollar made a moderate increasing movement on Wednesday, reaching a peak at 1.4736, than dropping down to the 1.4655 bottom, closing the day at 1.4688. On the 3...
USD/JPY Open 88.71 High 89.64 Low 88.09 Close 88.80 Although insignificant, Dollar/Yen continued making downward movements within the descending channel on Tuesday. On the 3 hour chart quotes corrected upwards and tested the upper limit and resistance...
With the US Dollar’s future feeling uncertain, attention seems to have turned towards Crude Oil following speculation that the Gulf States recently discussed dropping the USD for oil trading in exchange for a basket of currencies. While...
GBP/USD Open 1.5915 High 1.6045 Low 1.5860 Close 1.5916 Pound/Dollar traded with volatility on Tuesday. On the 3 hour chart Cable climbed above 1.6040, reaching a peak at 1.6043, where the upward impulse was stopped, and quotes...
EUR/USD Open 1.4716 High 1.4754 Low 1.4645 Close 1.4719 On Tuesday Euro/Dollar traded moderately upwards. The currency couple rose up to the 1.4754 top, where it found strong resistance, and closed the day at 1.4719. The current...
USD/JPY Open 89.51 High 89.96 Low 88.86 Close 89.53 Yesterday Dollar/Yen made a decreasing attempt, reaching a bottom at 89.22, where the bearish impulse was stopped, and the currency couple bounced sharply upwards to 89.96, closing the...
Growing speculation over the potential end to Dollar-based trading in the oil market has pushed the USD down against 14 of its 16 major counterparts yesterday. A report on Tuesday in the Independent newspaper revived the idea...
GBP/USD Open 1.5930 High 1.6023 Low 1.5864 Close 1.5931 Yesterday Pound/Dollar traded hesitantly. The Cable increased up to the 1.6020 top, from where it started dropping down to the 1.5904 bottom, closing the day at 1.5931. Today...
