The USD/CAD pair bounced around during the session on Wednesday in order to hover right around the 0.99 level. The general vicinity of 0.99 to the 0.9950 handle is where the market has been hanging about lately,...
The USD/JPY pair had a very quiet session on Wednesday as we essentially went nowhere by the end of the day. We currently hover around the 79.75 level, just under the all-important 80 handle.
The euro had another bearish day yesterday, following the release of worse than expected German economic indicators during the morning session. The news led to fears that the euro-zone’s biggest economy may be slipping into recession, which...
Weak Euro Zone economic fundamentals caused the decline of the Euro in the previous European trading exchanges, while the Great British pound gained on speculations that the UK economy would avoid recession in the third quarter of...
The Dollar Index is still trading range bound between 80.30 and 79.00. The Greenback traded flat yesterday after steep rise witnessed during past couple of days on the event of sell off in most of the asset...
Central bank pronouncements from New Zealand earlier and the US yesterday are presumed to strengthen the Kiwi opposite the US dollar in today’s exchanges.
The Euro suffered losses versus the British pound on growing concerns that the debt crisis is worsening. The Sterling gained on the other hand as mortgage approvals rose to the highest level in September since April of...
Markets have been under pressure this week. Currently, the Dow is down 1.6% to 13,132, and WTI crude is trading under 87 per barrel. This does not mean that the markets will not reverse but the bearish...
The yen hit a three-month low against the dollar and 5-1/2 month against the EUR, as the JPY remained pressured by persistent speculation that the Bank of Japan may decide on more monetary stimulus at a policy...
The British pound looks to step in some gains over the Euro today as the single currency faces uncertainties in the economic front. On the other hand, the Sterling looks on track to rise as a report...
