The USD/JPY pair fell slightly during the session on Monday in otherwise light trading. The stock markets were quiet, as were the futures markets. The pair has recently moved up quite strongly, so a pause isn’t too...
The EUR/USD pair fell at the open for the Monday session, but bounced in order to form a hammer at the top of serious support. The support level, which runs from the 1.29 to 1.31 levels, should...
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...
Market review for 5 – 9.03, 2012
A better than expected US Non-Farm Payrolls figure boosted the USD against its main currency rivals to close out last week’s trading session. In yet another sign that the economic recovery is moving forward, the US added...
The USD/CAD pair went back and forth for the Friday session as the market simply cannot make any real headway in either direction currently. This is because of several different factors, but most notably the oil markets,...
The AUD/USD pair fell during the session on Friday as the Non-Farm Payroll numbers were better than expected. However, it should be noted that the recent hammer at the 1.05 level is still there to offer support,...
The USD/CHF pair rose rapidly during the Friday session as the market bought the US dollar on the whole. The Non-Farm Payroll numbers were better than expected, and as a result the world ran to the USA.
The GBP/USD pair fell hard during the session on Friday in order to test the support at the 1.5650 level. This area held again, but it must be stated that the session closed at the absolute lows,...
The USD/JPY pair took off again on Friday as the Non-Farm Payroll numbers came in better than expected. The pair continues to attract inflows as the Bank of Japan continues to add to their bond buyback program,...
