The GBP/USD pair managed to bounce hard finally on the session as the hammer from the previous Friday finally trigger buy orders. The pair is a risk sensitive one, and as a result we think that this...
AUD/USD rose during the session on Wednesday as all risk related pairs did. The open speculation now is that the Federal Reserve will ease again because of the poor jobs number. Also, with the situation in Europe...
The USD/CAD pair fell hard during the session on Wednesday as the market started to speculate that the Fed will be forced to ease again. The oil markets got a nice boost during the session, and as...
The Reserve Bank of Australia lowered the interest rate by 0.25 % points – to 3.5 %. Asian and European trading sessions:
The euro erased most of its recent gains in trading yesterday, as investors once again shifted their attention to Spain’s debt issues, which in turn led to risk aversion in the marketplace.
The EUR/USD pair fell during the session on Tuesday as the risk off attitudes came back to the markets, albeit in a limited mode. The pair seems to have reacted to the 1.25 level as resistance, and...
The USD/JPY pair had a bullish session on Tuesday as members of the Bank of Japan started the verbal phrase of their intervention in order to bring down the value of the Yen. The BoJ has a...
The GBP/USD pair continued to grind sideways on Tuesday as the pair simply has no real catalyst to rise, but the Dollar is being speculated against as the ideas of another round of quantitative easing are in...
The AUD/USD pair had a slightly bullish session on Tuesday as the markets in general had a slightly firmer tone to them. The 0.99 level just above looks to be resistive, and could keep a lid on...
The USD/CAD pair attempted to rally on Tuesday, but in the end failed. In fact, it formed a shooting star at the end of the day, and this could be a signal that further weakness is coming.
