USD/CHF Analysis (August 4)
As we were expecting for a few weeks now, the Swiss National Bank intervened on the market yesterday by lowering rates and implementing various other measures to curb the appreciation in their currency.
Category: Daily Forex Reports
USD/JPY Analysis (August 4)
We have seen a huge sell-off of the Yen accross the board overnight after Japanese Finance Ministry unilaterally intervened in the FOREX markets by selling their own currency.
GBP/USD Analysis (August 4)
As expected, we did see the Cable resuming its uptrend after a 38% retracement of the previous rally started in July 12.
EUR/USD Analysis (August 4)
The pair remains unders pressure since it has rolled-over ahead of its long term descending trendline started in May.
EUR/JPY Analysis
Greetings. Let’s take a look at one of our favorite pairs – the EUR/JPY. It looks like the bottom we saw in the beginning of August may hold for just a little while longer as we approach...
Daily FX Market Outlook by AceTrader-4-8-2011
Market Review – 03/08/2011 22:21 GMT Swiss franc retreats on SNB move but rebounds due to weak U.S. data The Swiss franc retreated from another all-time high against the greenback Wednesday after Swiss National Bank unexpectedly cut...
Forexpros.com Daily Analysis – 03/08/2011
ForexPros Daily Analysis August 03, 2011 AUD/JPY in Bearish Channel. The Australian Dollar started to exhibit weakness against the USD just a few days ago, but in relation to the Japanese Yen, it has been sliding for...
3rd August, 2011 – Daily Forex Report by GFM Research
Last minute deal has been struck to increase the US borrowings by President Obama, but the street seems to be more concerned about the weakening of the US economy which resulted in sell off for the straight...
ADP Non-Farm Employment Change on Tap Today
The US economy will be publishing several reports today, most importantly is ADP’s publication of Non-Farm Employment Change for the private sector at 13:15 GMT. The employment data is a foreshadowing of Friday’s Non-Farm Payrolls (NFP) data.
AUD/USD Analysis (August 3)
The pair has been under intense pressure yesterday dropping 300 pips from its 1,10 level.