With the Republican debates kicking off this past week, and Rep. Anthony Weiner (D-NY) stepping down from office from his recent scandal, criticism of President Obama’s economic policies and stimulus will likely get revved up, possibly leading...
The US Dollar Index (DXU11) is expected to find support at 75.30 ranges, weekly close below 75.00 ranges would reinitiate long-term weakness in USD else DXU11 is expected to test 77.00. Consistent close above 77.20 would post...
Greetings. Let’s take a look at the USD/CAD pair. We’ve seen an upward movement since May and it looks like there still may be a little more push up left.
Market Review – 16/06/2011 21:57 GMT Euro rebounds in NY on improved risk appetite as U.S. stocks gain The single currency staged a modest rebound in New York afternoon session after falling to a three-week low of...
06/16/2011 23:23 UTC NZD swings higher as it strengthens against the USD, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 7 out of 8, thus suggesting that the current swing may be...
Please find hereafter our daily update on the majors as of June 16th 2011. (Click on the dedicated link to access our forum post with the chart).
06/16/2011 20:34 UTC EUR swings higher as it strengthens against the USD, GBP, NZD, CAD and AUD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
Negative rally of the euro, EUR/USD drops to 1,4150. Asian and European trading sessions:
ForexPros Daily Analysis June 16, 2011 US Dollar Move: The Easy Money Is Gone, Wait on Pull-backs Stock markets are lower across the globe, after Greek debt worries and a slowdown of the U.S. economy. The results...
The US economy will be publishing its weekly unemployment claims numbers today alongside more manufacturing data, this time out of Philadelphia. After the Empire State manufacturing report revealed a sharp downturn in New York, today’s Philly manufacturing...
