U.S. stocks extended losses into a fourth straight session Monday, as Wall Street fretted about the economy. The Dow Jones Industrial Average ended down 61.3 points to 12,089.96. The Standard & Poor’s 500 Index declined 13.99 points...
The EUR was not able to hold its recently stable price against the US dollar as regional investors battled over the direction of the 17-nation common currency. Regional bears won the day as the rumor mill chewed...
Without any major economic data being released on Monday investors were forced to trade off of existing sentiment. And the sentiment is generally not positive, that being said traders are able to make money from both sides...
The Dollar Index (DXM11) lost more than a percentage during last week; yesterday it traded flat and mild short covering was witnessed after the Dollar Index neared critical support of 73.40 ranges. DXM11 may trade sideways with...
Please find hereafter our daily update on the majors as of June 7th 2011. (Click on the dedicated link to access our forum post with the chart).
Greetings and welcome back. Let’s take a look at the EUR/CHF hourly chart. As you can see, we’ve seen a nice downtrending market since late April and it looks like there is still more potential movement to...
06/07/2011 04:41 UTC AUD swings lower as it weakens against the USD, NZD, CAD, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 2 out of 8, thus suggesting that the current swing may...
06/07/2011 04:33 UTC NZD swings higher as it strengthens against the USD, JPY, AUD, EUR and GBP. Recent mid-term strength indicator reading for NZD is 7 out of 8, thus suggesting that the current swing may be...
Market Review – 06/06/2011 21:26 GMT Euro weakens on Monday as second Greek bailout was uncertain The single currency weakened on Monday after a German Finance Ministry spokesman said ‘not certain whether there will be second bailout...
Market review for 30.05 – 03.06, 2011
