Although the EUR did in fact find footing yesterday and was able to gain against the USD nearly finishing at its close on Friday, the problems regarding Greek debt have not gone away. What has been witnessed...
The euro zone will be publishing its reports on consumer confidence today; most predominant will be the ZEW readings. Many investors are turning their attention on the euro zone regional economy after yesterday’s faltering debt discussion met...
The USD Dollar has lost its ground against most of the major pairs especially against the Common Currency and the Cable, whereas closed flat by the end of New York trade against the Aussie Dollar and the...
Greetings. Let’s take a look at the GBP/JPY. If you take a Fibonacci from the two price extremes, you’ll see we just recently hit the 61.8% Fibonacci level (129.00). This could potentially signal the turning point is...
Please find hereafter our daily update on the majors as of June 21th 2011. (Click on the dedicated link to access our forum post with the chart).
Market Review – 20/06/2011 21:38 GMT The single currency rebounds in New York on euro-supportive comments from Eurozone officials Euro rebounded strongly and broadly in New York session on euro-supportive comments from European Union Economic and Monetary...
Market review for 13 – 17.06, 2011
ForexPros Daily Analysis June 20, 2011 What Is Next For EUR/USD? The common currency is on the hot seat again. After being quiet for some time, the Greek sovereign debt problem resurfaced as a dominant market mover...
06/20/2011 14:44 UTC JPY swings lower as it weakens against the EUR, GBP, CHF, NZD and CAD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
06/20/2011 13:56 UTC USD swings lower as it weakens against the EUR, GBP, CHF, CAD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...