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...
The USD/CAD pair attempted to rally during the Thursday session, but was beat back at the 0.98 handle in order to show Canadian dollar strength yet again. The shooting star that was formed certainly is telling, and...
The GBP/USD pair rose off of the 1.60 level as the buyers came in and supportive this market like we had suspected they would. This area looks like a good spot to get long of the cable...
The EUR/USD pair looked very strong during the session on Thursday as we popped from the lows. However, we still see quite a bit of noise above, and as such are not overly excited about buying this...
The AUD/USD pair rose during the session to break the top of the shooting star from Wednesday as the Thursday session was absolutely bullish. The 1.02 level has held as support and it now looks like we...
