The U.S. dollar fell to a fresh 15-year low against the Japanese yen ahead of a big leadership election in Japan. The greenback also sank against the euro during Tuesday’s trading.
Market Review – 13/09/2010 22:49 GMTEuro rallies as robust Chinese economic data and bank-regulation timeline boost risk appetite Euro surged against the greenback on Monday, as upbeat Chinese economic data and new global banking rules boosted investors’...
During the previous week, the EUR/USD pair tried to refresh the downward trend against the euro. At the same time, having broken through the lower line of already beginning to show upward channel, the price stopped under...
ForexPros Daily Analysis September 13, 2010 Euro Dollar The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28. Now the question is will the EUR succeeds in creating...
Following solid economic news out of China released last Friday, the euro, as well as other so-called riskier currencies, has maintained an upward trend going into this week. That being said, analysts are warning that these gains...
Market Review – 11/09/2010 02:04 GMTDollar rose against yen due to upbeat Chinese import data The greenback advanced against the Japanese yen on Friday as solid Chinese import data boosted investors’ confidence on the global economic recovery.
USDCAD broke below the rising trend line, suggesting that a cycle top has been formed at 1.0672 on daily chart, range trading between 1.0107 and 1.0676 is expected in a couple of weeks.
Being supported by a trend line from 0.9634 (2008 low) to 0.9917 (2009 low) on weekly chart, USDCHF rebounded from 1.0060. Sideways consolidation in a range between 1.0060 and 1.0350 is expected in next several days. However,...
USDJPYs downward movement from 92.88 extended to as low as 83.34. Key resistance is now at 85.89, as long as this level holds, downtrend is expected to continue and deeper decline to 82.00 is still possible. However,...
AUDUSD broke above 0.9221 resistance. Further rise is still possible next week and next target is at 0.9404 (2009 high). Near term support is at 0.9090, as long as this level holds, uptrend from 0.8771 could be...