Market review for 28.03 – 1.04.2011
The highlight of this week’s trading will be Thursday’s ECB Minimum Bid Rate. Traders will be expecting an initial increase of 25 bp and wording from the ECB that this week’s adjustment to the interest rate is...
The USD continued to decline in value against the EUR, GBP, and AUD on Friday. The Greenback continues to find itself on the weaker side of its ranges versus the above. The Forex market essentially has essentially...
AUD/USD Time: 08.30 Rate: 1.0385 Daily Time frame Strategy: Short
The U.S Dollar weakens against the major FX pairs especially against the Euro and the Cable. But for the weakening of the Japanese Yen vis-à-vis the Greenback and the Common Currency, the Dollar Index (DX) would have...
Market Review – 01/04/2011 20:16 GMT Dollar falls broadly after dovish comments from the New York Fed President The greenback fell across the board in New York midday after Federal Reserve Bank of New York President William Dudley...
Euro-zone interest rates expectations ruling the market.
There will be little room for any April Fools jokes going into the trading day taking into context the state of the broad markets and the amount of concerns that shadow. The equity markets led by Wall...
Today’s non-farm payrolls report combined with the ISM Manufacturing PMI are expected to show further improvement in the US economy. With the increase of risk appetite, commodity prices have soared, benefitting the commodity currencies of Australia and...
The US Dollar remained soft the Common Currency though profit booking was seen in EURSUD in at recent highs of 1.4230 ranges; the Cable slipped off yesterday highs hit during the European trade to stabilize in the...