The EUR/USD pair hardly moved at all on Wednesday as the markets continue to question the Greece issues. The announcement of a deal between Greece and the “troika” caused a bit of a reaction a few days...
With the Dow Jones Industrials (.DJIA) unable to sustain above 13000 mark, the Dollar Index may trade sideways between 78.60 and 79.85. Though the major trend of the Greenback is bearish, it may trade sideways some time.The...
The market reacted positively on the decision of providing assistance to Greece. Market review for 21.02.12: The market reacted positively on the decision of providing assistance to Greece.
Fears that Greece could still default on its debt despite Monday’s approval of a bailout package led to risk aversion in the markets yesterday. The euro largely reversed earlier gains against both the USD and JPY as...
USD/CAD rose again on Tuesday as the gap from the weekend was filled. The pair is sub-parity which is a negative sign; however there is a ton of support lower than here. The 0.9750 level is the...
AUD/USD fell hard on Tuesday as the risk appetite of the markets seems to be fading slightly. Perhaps it is the fact that the participants already expected the Greeks to be bailed out, but the fact is...
The USD/CHF continued to bump along the 0.91 to 0.90 support area on Tuesday as the European situation continues to plague the attitude of the markets. The Swiss are going to be heavily exposed to the European...
The GBP/USD pair continues to bounce around the 1.58 level, and on Tuesday saw a selloff to continue the back and forth action. The weekly chart has a shooting star from two weeks ago, and a hammer...
The USD/JPY continued to grind away just under the all-important 80 level on Tuesday as traders try to challenge one of the most obvious points of resistance on any chart in the Forex markets presently. The move...
EUR/USD rose initially on Tuesday after the news came out that the EU Finance Ministers voted to bail out the Greeks for the second time in three years. The markets expressed relief in the form of Euro...
