The USD/CAD pair initially spiked during the session as we started out with a “risk off” attitude. However, if you have been watching our videos, you know that the 1.01 area is a place that we saw...
USD/CHF fell during the Thursday session as the markets reversed course when it was announced the ECB could be swapping their shorter term debt bought in Greece for longer dated ones. The move hasn’t been confirmed yet,...
USD/JPY rose again on Thursday as the US jobless claims number came out at the lowest level in 4 years. The pair is massively beat down over the last few years, but the truth is that the...
The Euro zone’s GDP contracted by 0.3% in a 4Q.
The rating agency Moody’s downgraded the credit ratings’ of six European countries,
Yesterday was fairly hectic for euro traders after the credit downgrade of several EU countries sent the common currency tumbling. The EUR saw a brief upward correction during mid-day trading after the release of a better than...
The USD/JPY pair shot straight up on Tuesday as the trading world reacted to the Bank of Japan’s continued easing of the monetary policy the country is following. The
The EUR/USD pair fell again on Tuesday as the markets continue to sell risk related assets. The announcement of the cancelled EU Finance Ministers meeting on Wednesday also sent a shudder through the markets as well.
USD/CAD fell during the session on Tuesday as the markets continue to grind around the parity level. The market seems to be capped at the 1.01 level, and the support runs all the way down to the...
USD/CHF continues to bump along the 0.91 level, and is currently trading at the 0.92 handle. The pair has seen strong support at this level, and looks set to find buyers at this point. The market looks...
