The US dollar has chopped around against the Japanese yen during trading on Monday, hanging about the 106.50 level. The market continues to be very noisy, and I believe that will remain the case for the next...
The US dollar has been very noisy over the last several sessions, with a general downward attitude against the Canadian dollar. However, I think that the recent test of the 1.30 level shows that we could see...
With the handful of US centric economic announcements coming out over the next couple of days, it could be relatively quiet in the Forex world. However, it does appear that the British pound is starting to pick...
The EUR/USD pair initially rallied during the day on Monday but ran into trouble near the 1.2340 level. The market rolled over and reach back towards the 1.23 level, and I think that it is likely to...
The Australian dollar has been very choppy during trading on Monday, as we came back from the weekend. We are bit overextended after the huge move over the last couple of sessions, so a pullback or a...
The US dollar has gone back and forth during the course of the session on Thursday, as we continue to see a lot of noise in this market. I believe that the market is of course going...
The US dollar has rallied initially during trading on Thursday, reaching as high as 1.2950 during the early hours, but have pulled back just a little bit to test the 1.29 level. In general, this market is...
The British pound went sideways overall during the trading session on Thursday, as we are starting to test a minor uptrend line. This uptrend line will probably give way, and if it does I think will go...
The ECB had a press conference during Thursday trading session that through the market into disarray. Initially, it suggested that perhaps inflation was building, and that had people buying the EUR. However, this was later contradicted by...
The Australian dollar has rallied a bit after initially falling during the trading session on Thursday. The 0.78 level underneath is going to continue to be an area of interest, as it is a large, round, psychologically...
