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...
The AUD/USD pair was very quiet on Monday as the markets took a breather from the bullish run that we saw on Friday. Perhaps the move was a little bit overextended, and this of course would cause...
The USD/CAD pair had a fairly quiet session on Monday as the oil markets pulled back ever so slightly. It should be said that the oil markets formed a hammer, and this suggests that perhaps oil still...
The latest COT Report shows that large and small specs that combined positions in the latest period had an increase in the USD long position from 284.4K in the previous week to 312.5K.
The euro was able to close out last Friday’s trading session with its biggest one-day gain against the US dollar in eight-months. The EUR/USD shot up well over 200 pips after euro-zone leaders pledged to reduce Spain...
The EUR/USD pair rose rapidly on Friday as the European Union meeting announced that the leaders had come up with a “solution” to funding Spanish banks. The ECB looks likely to cut rates this coming week, and...
