The euro fell against most of its main currency rivals yesterday, as expectations that the European Central Bank will cut euro-zone interest rates today weighed down on the currency. The price of crude oil also fell yesterday,...
The EUR/USD pair had very little to say during the Tuesday session as the world awaits the ECB meeting. In the meantime, this pair will probably grind sideways overall, suggesting that trading will be an extremely short...
The USD/JPY pair had another positive session as it has been alternating between gains and losses day after day. The 80 handle is still just above, and should provide resistance. However, we do see that the highs...
The GBP/USD pair hasn’t done much over the last 48 hours. Tuesday ended up much like Wednesday, and that meant an unchanged market. The pair is currently sitting just under the 1.57 level which is the beginning...
AUD/USD had another positive session on Tuesday as the risk on sentiment continues. The market broke the top of the shooting star from the Monday session, and this is a fairly bullish sign. Also, the fact that...
The USD/CAD pair fell during the Tuesday session as the oil markets broke above the $85 barrier. This does suggest this pair is going to continue much lower, perhaps to the parity level before hitting any significant...
The euro saw moderate losses against several of its main currency rivals during morning trading yesterday, as disappointing euro-zone data from earlier in the week continued to weigh down on the common-currency. Today, a bank holiday in...
The EUR/USD pair fell during the Monday session as traders began to pick apart the “solution” that the Europeans came up with last week. The reality is that the situation in Europe isn’t going to be solved...
The USD/JPY pair declined during the session on Monday as traders pared back long bets in this market. The pair slammed into the 80 level, only to be turned away in the end. However, at the end...
The GBP/USD pair had a fairly tight range during the Monday session as traders returned from a relatively quiet weekend in comparison to the recent ones. The pair initially fell during the session, but did bounce back...
