The EUR/USD pair continued to fall on Tuesday as the markets worry about the various problems facing Europe. The breakdown over the last couple of weeks has been brutal, and there shouldn’t be much of a debate...
The aftermath from last week’s elections continue to weigh on the markets, and in currency markets, the threat of political change is the most important driver.
The dollar rose on fears of aggravating the situation in Europe.
The euro continued to tumble throughout yesterday’s trading session as investors grew more concerned regarding the impact of a possible new Greek election next month. The EUR/USD fell close to 70 pips during European trading, reaching as...
The EUR/USD pair continued to fall on Monday as the traders in this pair sold the pair off without hesitations. The markets have seen the 1.29 level give way now, and this signals another round of weakness.
The USD/JPY pair struggled during the Monday session as the 80 handle continues to cause massive reactions in the pair. The level was the site of a large breakout back at the start of 2012, and the...
The GBP/USD pair rose on Monday as the Pound gained for much of the session. However, by the end of the daily session, the pair had given up most of its gains. The 1.6050 level had been...
The AUD/USD pair fell hard on the Monday session as the “risk off” trade came into vogue. The Americans have been buying up the risk assets after the Asians and Europeans sell them off, but the Monday...
The USD/CAD pair rose on Monday as the Dollar continues to strengthen everywhere at once. The risk off attitude continues to haunt this pair, and the fact that the oil markets have broken down a bit; we...
Market review for 7 – 11.05, 2012
