Yesterday was fairly hectic for euro traders after the credit downgrade of several EU countries sent the common currency tumbling. The EUR saw a brief upward correction during mid-day trading after the release of a better than...
The USD/JPY pair shot straight up on Tuesday as the trading world reacted to the Bank of Japan’s continued easing of the monetary policy the country is following. The
The EUR/USD pair fell again on Tuesday as the markets continue to sell risk related assets. The announcement of the cancelled EU Finance Ministers meeting on Wednesday also sent a shudder through the markets as well.
USD/CAD fell during the session on Tuesday as the markets continue to grind around the parity level. The market seems to be capped at the 1.01 level, and the support runs all the way down to the...
USD/CHF continues to bump along the 0.91 level, and is currently trading at the 0.92 handle. The pair has seen strong support at this level, and looks set to find buyers at this point. The market looks...
GBP/USD fell again on Tuesday as the markets continue to sell risk overall. The 1.57 level was cracked, and the pair plunged well below it, but the end of day announcement that the presumed next PM of...
The AUD/USD pair had a volatile day on Tuesday. The pair continues to hover just below the 1.08 level, and the headlines around the world continue to be a drag on the upward momentum.
The US Dollar Index has hit the short-term resistance of 79.80 ranges during yesterday’s New York trading session and has started weakening since today’s Asian trade; daily close below 79.10 would drag DXH2 towards the short-term support...
The euro saw a relatively bullish day yesterday, following the announcement that Greece approved a fresh set of austerity measures needed to receive a sorely needed bailout package.
The USD/CAD pair fell on Monday, only to bounce again and produce a hammer in the vicinity of the parity mark. The pair has been very messy lately, and we see the 1.01 level as a resistance...
