USD/JPY fell again on Tuesday as the market sold off the Dollar in an otherwise quiet session. The volumes are still light during this time of year as many traders will not be at their desks until...
EUR/USD rose again on Tuesday as the trading world felt slightly bullish. However, the market has shown time and time again that the rallies in the EUR/USD pair are to be sold, and it must be said...
Flat trading day was witnessed in most of the FX majors but for the Cable which was volatile on the event of low volumes. Major trend is range bound between 73.40 and 81.40; the medium trend is...
Investors have long been pricing in additional QE from the Fed and the BoE. Now it appear the ECB is managing expectations for a looser monetary policy.
The Dollar Index is trading flat as is case with most of the asset classes. Major trend is range bound between 73.40 and 81.40 ; the medium trend is bullish till 77.50 ranges is holding on weekly...
EURUSD bounced of its strong support level – area of 1.2940 ,one year-low, and was stuck in horizontal trend during entire week.
Comments by Lorenzo Bini Smaghi is the first sign of the ECB’s willingness to consider quantitative easing (QE) should the need arise.
USD/CAD fell on Friday as the oil markets continued their climb. The $100 level still wasn’t broken to the upside in the Light Sweet Crude markets, so there wasn’t much in the way of momentum. This isn’t...
The AUD/USD rose a bit during the Friday session, only to fail at the 1.02 level. The resulting candle is a short shooting star and shows the 1.02 is still going to cause a reaction in the...
USD/CHF rose a bit during the Friday session as the pair continues to grind higher. The 0.93 level that was broken above recently has been very supportive over the last week, and we think this is a...
