The euro failed to make significant movements in trading yesterday, despite rising Spanish and Italian bond yields which many analysts had predicted would bring the common-currency lower vs. its main rivals.
The USD/JPY pair fell for the session on Thursday as the pair is essentially stuck between the 0.79 and 0.8050 levels, and is simply looking for some kind of direction to follow. The Bank of Japan is...
The USD/CAD pair fell during the session on Thursday as the comments by several central bankers suggested that even more easy money would be on the way if the Greek elections caused a market meltdown. This isn’t...
The GBP/USD pair rose during the Thursday session as hopes crept back into the market of a central bank intervention to support the markets – especially the Euro. The Greek elections are Sunday, and they will be...
The EUR/USD continued to be the epicenter of the financial world as the Greek elections loom on Sunday. The markets were going back and forth to the headlines over the course of the afternoon in America as...
The AUD/USD pair rose during the Thursday session as the “risk on” attitude of the markets was boosted by the central banks out there suggesting that they were going to step in and provide liquidity for the...
With practice, the Greek’s are becoming more efficient, with their elections anyway. The May 6th elections cost €50m and the new one is scheduled to cost only €35.
The US dollar fell against the Japanese yen during afternoon trading yesterday, after several US indicators came in below analyst forecasts. The USD/JPY dropped over 30 pips following the news, eventually reaching as low as 79.33. Turning...
The EUR/USD pair rallied for most of the session on Wednesday, but gave back a lot of the gains towards the end of the session. Fears of a weaker GDP in the US has people concerned, and...
The USD/JPY pair had a relatively quiet session on Wednesday as the markets continue to measure the likelihood of more easing coming out of the Federal Reserve. The Bank of Japan is certainly in an easing mode,...
