The US dollar took losses against most of its main currency rivals throughout European trading yesterday, amid speculations that the Fed would announce an expansion of its bond buying program to boost the US economic recovery.
The USD/JPY pair shot straight up during the session on Wednesday as the Federal Reserve looks to expand and extend quantitative easing going forward. This is almost always indicative of a “risk on” type of trading environment,...
The USD/CAD currency pair fell during the session on Wednesday as the Federal Reserve Chairman announced that the central bank would continue to engage and asset purchases, as well as aim for specific employment target in order...
The GBP/USD pair had a bullish session on Wednesday as we attempted to break out above the 1.62 level. However, we did not manage to do so, and it looks like this market could face a little...
The EUR/USD pair shot straight up during the session on Wednesday as the Federal Reserve announced that it was going to continue its quantitative easing policies.
The AUD/USD pair shot straight up during the Wednesday session as the Federal Reserve announced the expansion of its monetary policy. However, by the end of the day we saw the 1.04 level reject price again, and...
Market Commentary The US Dollar continued to depreciate to hit critical support of 79.45 ranges on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (.DJIA) trading strong, DJIA....
The Federal Reserve is expected to announce today an expansion of its asset purchases program that is likely to weaken the valuation of the US dollar versus the Canadian currency. Hopes also continue to rise as talks...
The euro saw gains against virtually all of its main currency rivals yesterday, following the release of a significantly better than expected German ZEW Economic Sentiment figure. Additionally, a positive Spanish bond auction led to an increase...
The USD/JPY pair had a slightly bullish session for Tuesday, as we continue to bounce around in the 82.50 region. I currently see the 83 handle as the next resistance area that has to be overcome, and...
