The AUD/USD pair fell hard on Thursday as the “risk off” trade is now in control again. The lack of risk taking makes sense, as the economic numbers out of Germany and more importantly to the Aussie...
Worse than expected euro-zone data, specifically the German Flash Manufacturing PMI, led to moderate risk aversion during mid-day trading yesterday. Fears that the euro-zone debt crisis could be spreading beyond Greece and Spain were reinforced following the...
The FOMC meeting results: the rate kept at 0-0.25 %, the “Twist” program
Riskier currencies, including the Australian dollar and euro, were able to hold onto gains from earlier in the week during trading yesterday, as speculation that the Fed would extend its bond-buying program led to risk taking among...
EUR/USD had fairly volatile day on Wednesday as the Federal Reserve had its announcement signaling an extension of the “Operation Twist.” The market reaction was one of confusion, and at the end of the day, not much...
The USD/JPY pair rose during the session as the Federal Reserve only managed to extend the “Operation Twist” instead of easing further and more aggressively. Based upon the Fed’s announcement, it looks as if the central banks...
The GBP/USD pair had a wild day on Wednesday in order to finish the day basically unchanged. The pair will be sensitive to a lot of different things at once, but the most interesting fact is that...
The AUD/USD pair rose slightly at the end of the session on Wednesday, to form a green doji. The candle suggests that we are looking for some kind of direction at the moment, and the 1.02 level...
The USD/CAD pair had an interesting session on Wednesday as the pair was at one time bullish, then bearish, and finished the day forming a shooting star. The shooting star for the session does in fact seem...
The Economic Sentiment in Europe showed a disappointed result.
