USD/CAD rose on Friday as the “risk off” trade came back into play. The pair has been very choppy lately, and we are still stuck in the range that has been causing all of the problems. With...
AUD/USD fell on Friday as the concerns out of Europe came back into the forefront again. The pair is very sensitive to risk, and the fall should have been expected. Also, the shooting star at the 1.08...
The USD/CHF pair rose during the Friday session as the “risk off” trade came back into play. The 0.91 level is the start of support all the way down to 0.90, and this area produced a bounce...
The GBP/USD pair fell hard on Friday as the Greek debt talks stalled again. With the UK’s exposure to the European Union and all things debt related, this pair was always going to fall in that environment.
USD/JPY had a quiet day on Friday as traders weren’t necessarily feeling very risky. The Yen and Dollar both enjoy safety trade status, and as a result this pair sat still. The Bank of Japan has acknowledged...
The EUR/USD pair fell on Friday as the market continues to be driven by headlines out of Athens. The lack of any deal continues to weigh on the Euro, and the fact that the pair has been...
The Bank of England decided to keep the interest rate of 0.50% unchanged and
The euro had a bullish day yesterday, after news was released that Greece had reached an austerity deal led to a spike in risk taking. The EUR/USD spent much of the day at or above the 1.3300...
The AUD/USD pair had a fairly quiet session on Thursday, but is struggling at the 1.08 resistance area. The Aussie has enjoyed a massive rally lately, and the pair simply needs to rest as the bullishness will...
EUR/USD rose during the session as word of an agreement in Athens hit the wires. However, it should be noted that the reaction was somewhat subdued, and this good news will have already been priced into the...
