USD/JPY fell during the Friday session as the US jobs report came out weaker than expected, pushing this pared down to the 70.50 level where it found previous support. The church still looks like it is trying...
The GBP/USD pair fell on Friday as the jobs number came out weaker than anticipated. The 1.55 level was violated, but not significantly so and as such we think that further weakness will need to be seen...
AUD/USD fell for much of the Friday session as the US jobs number disappointed. The candle did find a bit of a bounce at 1.02, and as such it does look like there is some form of...
The USD/CAD pair had a relatively strong day during the Friday session as the markets were rocked by another poor employment number out of the United States. The pair gave back some of its gains towards the...
Continuing from last Thursday’s trend when the Europeans and the Chinese cut their bank rates, and the Brits commenced another £50B of quantitative easing, Friday’s numbers continued bearish. Most significant were the US employment numbers.
The ECB reduced the interest rate of Euro zone to record low level of 0.75%
The euro fell across the board yesterday, following euro-zone interest rate cut which caused investors to shift their funds to safe-haven assets. The EUR/USD dropped to a one-month low, while the EUR/JPY fell some 140 pips during...
The USD/JPY pair fell for much of the session on Thursday; bouncing off of the bottom of will we consider the lower level of the up trending channel. The 80 level has offered resistance yet again, but...
The USD/CAD pair fell during most of the session on Thursday, but turned around to form a hammer just above the 1.01 level. This is probably due to the fact that the nonfarm payroll number comes out...
The GBP/USD pair fell for much of the Thursday session as the Bank of England introduced new quantitative easing measures during the session. The pair has found the bottom of the recent consolidation range, which we see...
