USD/JPY had a wild session during the Friday trading day after the nonfarm payroll numbers. This is typical for a nonfarm payroll Friday, and as such it really shouldn’t come as much of a surprise.
The USD/CAD pair fell during most of the session on Friday as the Canadian jobs number was outstanding. However, by the end of the session we got quite a bit of a bounce and formed a hammer...
The GBP/USD pair fell on the session Friday as the “risk off” trade came back into play. We still are very bullish of the British pound against the US dollar, and think that as long as we...
EUR/USD rose for most of the session on Friday after the better-than-expected nonfarm payroll numbers in America, but gave back much of the gains by the end of the session.
AUD/USD fell during the session on Friday as the 1.02 level continues to act as a zone of interest. The market growth below the bottom of the hammer that was formed on Thursday, and as such we...
Comments from European Central Bank President Mario Draghi that the central bank’s bond-buying program is ready to be activated supported the Euro versus the British pound in the previous European trading exchanges.
With most of the asset classes, especially the equities correcting, the Dollar Index appreciated of the European lows during the American session. The Greenback gained most against the Cable followed by the Aussie.
EUR-USD Weekly chart Last review After the price has corrected the last downtrend which is marked in a black broken line (from point number 5) by a third (38.2%) by reaching to the 1.3150 price level and...
The euro saw upward movement against its main currency rivals yesterday, after the ECB announced that euro-zone interest rates would remain unchanged at 0.75%.
A firm stance by the European Central Bank yesterday is hoped to deliver sustained gains for the Euro currency over its British counterpart. Though the Bank of England likewise did not make any moves with regard to...
