05/31/2011 05:54 UTC CAD swings higher as it strengthens against the USD, JPY, AUD, CHF and GBP. Recent mid-term strength indicator reading for CAD is 2 out of 8, thus suggesting that the current swing may be...
05/31/2011 05:50 UTC CHF swings lower as it weakens against the USD, AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 7 out of 8, thus suggesting that the current swing may...
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.
Market Review – 30/05/2011 19:43 GMT The single currency eases on Monday due to worries over next IMF/EU aid payment for Greece Euro traded with a soft bias in thin market condition on Monday due to holiday...
Market review for 23 – 27. 05, 2011
Shares in the next week will run a gauntlet of data expected to indicate a slowing economic recovery, but a few positive reports may prove enough to draw investors into a market accustomed to negative sentiment. Equity...
May is coming to an end and once again as investors set their eyes at the US non-farm payrolls. In the last few weeks, we have seen interest rate expectations drop because of a slowdown in economic...
With the United States on holiday Monday, currency traders are likely to witness a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the...
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.Key equity index of...
The markets should prove rather cautious today as the U.K. and the U.S. both commemorate holidays. As trading ended on Friday the USD finished at the weaker side of its range against the EUR and GBP. Wall...
