The GBP/USD pair rose during the Thursday session as hopes crept back into the market of a central bank intervention to support the markets – especially the Euro. The Greek elections are Sunday, and they will be...
The EUR/USD continued to be the epicenter of the financial world as the Greek elections loom on Sunday. The markets were going back and forth to the headlines over the course of the afternoon in America as...
The AUD/USD pair rose during the Thursday session as the “risk on” attitude of the markets was boosted by the central banks out there suggesting that they were going to step in and provide liquidity for the...
With practice, the Greek’s are becoming more efficient, with their elections anyway. The May 6th elections cost €50m and the new one is scheduled to cost only €35.
The US dollar fell against the Japanese yen during afternoon trading yesterday, after several US indicators came in below analyst forecasts. The USD/JPY dropped over 30 pips following the news, eventually reaching as low as 79.33. Turning...
The EUR/USD pair rallied for most of the session on Wednesday, but gave back a lot of the gains towards the end of the session. Fears of a weaker GDP in the US has people concerned, and...
The USD/JPY pair had a relatively quiet session on Wednesday as the markets continue to measure the likelihood of more easing coming out of the Federal Reserve. The Bank of Japan is certainly in an easing mode,...
The GBP/USD pair fell at the end of the session on Wednesday as the GDP estimates for the US have been downgraded, sending the market into a “risk off” mode. This will always hinder the cable pair,...
The AUD/USD pair attempted to rally on Wednesday, but was turned away at the parity level yet again. This area is looking more and more like a “top” to the market, and as a result we are...
The USD/CAD pair rose for the most part during the Wednesday session, after first trying to fall. The 1.03 level kept the market down, and as a result we have to wait to see the next move....
