The USD/JPY pair barely moved during the Friday session as the pair continues to be pretty much a stalemate. This pair reflects the fact that there are two central banks are involved that are currently trying to...
The GBP/USD pair rose during the session on Friday as the bounce from 1.60 got the pair moving to the positive side again. During the last summer, we saw a massive ascending triangle breakout at the 1.58...
The AUD/USD pair attempted to rally on Friday, but was turned away at the 1.03 level again for the second time in 48 hours. The candle shaped is a shooting star, and it is at the bottom...
The USD/CAD pair gained slightly during the session on Friday as the markets basically went nowhere. The oil markets of course will continue to drive this currency pair, but more importantly at this moment in time is...
The Dollar Index gains more than 40 points amidst weaker asset classes especially the equities. The Greenback gained most against the Common currency, the Cable and the Swiss Franc where as trading flat against the Aussie. Currently...
USDJPY. The IMF-World Bank Tokyo convention of super bankers attracted 20,000 attendees last week, including their staff and friends. Missing from this group was the Chinese foreign minister, and the head of the Chinese central bank.
Last evening the bond rating company S&P reduced the ratings of Spanish sovereign debt toward the junk level. As might be expected, this proved bearish on the euro versus the USD, taking the pair down close to...
Heading towards the culmination of a volatile trading week riddled with meetings by Euro Zone officials and finance ministers from across the more developed economies of the world, as well as earnings reports from the US, some...
After dropping to a 10-day low vs. the US dollar in overnight trading yesterday, the euro was able to stage a significant recovery during the European session yesterday. In addition, a better than expected US unemployment claims...
The USD/JPY pair fell during most of the session on Thursday but found quite a bit of buying at the 78 handle. The candle that has formed that looks much like a hammer, which of course is...
