EUR Likely to See Additional Volatility This Week
Following significant euro movements throughout last week’s trading session, analysts are once again forecasting volatility for the common-currency in the coming days.
Category: Daily Forex Reports
USD/CAD Forecast March 5, 2012, Technical Analysis
The USD/CAD pair rose during the session as oil fell. The pair reacted in a Dollar positive manner as many of the other currencies pair did the same. The parity level continues to offer resistance, and the...
AUD/USD Forecast March 5, 2012, Technical Analysis
The AUD/USD pair fell during the Friday session as the risk assets around the world fell. The commodities markets fell, and this always tends to pull the Aussie down. The 1.08 level held true again, and it...
USD/CHF Forecast March 5, 2012, Technical Analysis
The USD/CHF pair shot straight up during the Friday session as the Dollar climbed against almost all currencies globally. The Spanish announced that they are going to miss expected debt levels, and this sent the Euro and...
GBP/USD Forecast March 5, 2012, Technical Analysis
GBP/USD fell hard during the session on Friday as the “risk off” trade came roaring back. The announcement that Spain was going to go well over the agreed upon deficits for the next fiscal year rocked the...
USD/JPY Forecast March 5, 2012, Technical Analysis
The USD/JPY pair rose yet again on Friday. The USD/JPY pair is a rapidly evolving one. The pair was being pressured to the downside for the longest time, but it looks as if the Bank of Japan...
EUR/USD Forecast March 5, 2012, Technical Analysis
The EUR/USD pair fell hard during the session on Friday as Spain announced it wasn’t going to meet the agreed upon budget measures that it signed with the EU. The worse than expected outcomes could be the...
Forex-Metal Daily Analysis -02/03/2012
The unemployment rate in Euro-Zone grew to 10.7% in January 2012.
ECB Move Continues to Weigh on Euro
The euro took further losses against its main currency rivals in trading yesterday, as pessimism in the euro-zone economic recovery caused investors to revert their funds back to the US dollar.
AUD/USD Forecast March 2, 2012, Technical Analysis
AUD/USD rose during the session on Thursday to test the 1.08 level again. The move has recaptured much of the Wednesday losses, and looks to be a build of pressure on the resistance level.