USD/CHF finished the day fairly unchanged as the market continues to run around in circles. The result is a small doji, but the move proved the 0.9000 level should continue to give reactions in this marketplace.
The USD/JPY pair had a fairly quiet day on Tuesday as the range continues to hold in this market. The market closed near the 77 mark, which has been the epicenter of this very tight range recently....
The USD/CAD bounced on Monday as the trading world started to shun risk assets globally. The oil markets were soft, and so were the equity markets. This sends risk assets down, and in this case – the...
The AUD/USD fell on Monday as the global “risk off” trade came back in full force. With lack of risk appetite, the pair was always doomed to fall. The bounce that we saw last week was certainly...
USD/CHF rose during the Monday session as traders continue to buy the US dollar in reaction to the lack of urgency shown by the EU in relation to the debt problems in that area. The market has...
The GBP/USD pair has a bearish day on Monday, as traders reacted to statements about the lack of speed of an upcoming EU solution. This put the “risk on” trade on the back foot for the session,...
USD/JPY continues to hover in its tight range as traders are taking advantage of extremely low volatility in the market. The Bank of Japan is willing to step into the market on the buy side if the...
The EUR/USD pair fell hard on Monday as German Finance Ministers stated that the “solution to the EU problems aren’t going to be announced in a few short days”, which seemed to be what the market was...
The USD/CAD continued to fall during the Friday session, and now looks set to retest the parity level. The level is massive support, and far too close for comfort to sell at this level, so unless you...
The AUD/USD pair had a wildly bullish session on Friday as traders bought this pair hand over fist. The “risk on” trade was the order of the day, but one cannot help but think this move has...
