GBP/USD fell rapidly during the Wednesday session as traders took off risk all the way around. The recent range between 1.54 and 1.58 has contained cable quite well, but the overall move over the last couple of...
USD/CAD fell at first on Wednesday as oil rose, but the Saudis stepping into the market as saying that they are willing to produce more in response to any blocking of the Strait of Hormuz by Iran.
USD/CHF rose during the session on Wednesday as the Dollar got bought up in all markets. The Swiss National Bank is working against the overall strength of the Franc, so a move upwards makes sense in times...
USD/JPY fell originally during the Wednesday session, only to pop back up and form a hammer for the day. The pair is being supported by the Bank of Japan, and the trend is currently down from the...
Low liquidity in the marketplace kept the euro relatively unchanged in trading yesterday. With the currency currently hovering close to an 11-month low versus the US dollar, traders are waiting to see if ongoing the euro-zone debt...
USD/CAD fell slightly on the session for Tuesday as the oil markets caught a bid. The Canadian dollar will often catch a bid in concert with oil, which is precisely what happened for the session.
AUD/USD absolutely sat still during the session on Tuesday as the markets had a very quiet day. The next few sessions could be very quiet, and as a result some pairs simply won’t move.
USD/CHF fell on Tuesday as the “risk off” trade came into play, at least as much as it can in an extremely low volume trading environment. The lack of liquidity simply made trading most pairs almost impossible...
GBP/USD rose on Tuesday as traders sold off the Dollar overall. The move may have been somewhat exaggerated in low volume though. Also, the 1.57 level held again, and this suggests that we are simply going to...
USD/JPY fell again on Tuesday as the market sold off the Dollar in an otherwise quiet session. The volumes are still light during this time of year as many traders will not be at their desks until...
