In a somewhat surprising move, the Franc appreciated during the Thursday session. The pair has a massive support zone between 0.91 and 0.90, and it has fallen towards the bottom of this area at the end of...
USD/JPY fell for the session on Thursday as the Dollar lost against most major currencies. The pullback is long overdue, and the 80 level always looked as if it could give the bullish momentum issues.
Dollar Index resumes bearish trend on the event of most of the asset classes especially the benchmark equity index of the Dow Jones Industrial Average (.DJIA) appreciating.Historic correlation between DX Vs DJIA is signifying USD bearishness in...
The yen weakened against the U.S. dollar. The USD/JPY pair grew to Y80.37 level. Asian and European trading sessions:
The euro remained under pressure against the US dollar throughout yesterday’s trading session, as investors remained cautious regarding Greece’s financial situation. The EUR/USD spent much of the day range trading around the 1.3225 level after failing to...
USD/CAD rose during the session on Wednesday as the markets went a bit sour overall. Oddly enough though, the oil markets were quiet as the Canadian dollar weakened.
AUD/USD fell on Wednesday as the risk appetite fell for the session. The pair has enjoyed a strong run up, and at this time looks like it could be taking a rest. The 1.08 level above still...
USD/CHF fell on Wednesday as the markets were relatively quiet for the session. The pair is currently sitting just above the 200 day moving average, and the 0.91 to 0.90 support level.
GBP/USD fell precipitously on Wednesday as the Bank of England minutes discussed more easing for the United Kingdom going forward. The Pound fell against all currencies, and the Dollar was no exception.
USD/JPY broke through the 80 level on Wednesday as the barrier finally gave way. The daily close is above the level, so this looks as if it is a serious attempt to break out and away from...
