US banks will be off today in observance of Columbus Day, and Canadian banks will be off for the celebration of Thanksgiving. Liquidity will likely be held to a minimum making the market unlikely to experience any...
Stronger equity bourses led to profit taking in the Greenback. After the Dollar Index hit resistance zone of 79.80, long liquidation was observed; 76.00 ranges is expected to again act important support. Historic resistance is seen in...
EUR/USD originally rose during the session on Friday as the Non-Farm Payroll numbers came out stronger than expected. However, with the ratings agencies cutting the ratings of Spain and Italy, the markets sold off later in the...
The pair remains under intense pressure over the long term but seems to have found a good support on top of 0,94 resulting in a bullish weekly candle.
The pair continues to be well bid above parity despite the recent choppy price actions.
The pair continues to trade higher and confirms its bullish outlook with a main target at parity.
The pair continues to trade flat above the key 76,00 level.
The pair has bounced on top of the 1,53 level tested for the second time in 3 weeks.
The pair has found some support on top of the 1,3150 level in the beginning of the week, testing the 1,35 handle on friday.
Market participants were expecting the results of the press-conference with the ECB President.
