The Swiss franc and the Japanese yen were the strongest performers yesterday as the Greek debt crisis continues to weigh on the euro. Weak US data has pushed market players into alternative safe-haven currencies rather than the...
Market Review – 26/05/2011 21:16 GMT Euro ends higher against the greenback after intra-day volatile movements The single currency traded in a volatile manner on Thursday, having staged initial rally from Asian morning low of 1.4068 to...
05/26/2011 14:02 UTC EUR swings lower as it weakens against the GBP, JPY, CHF, NZD and AUD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
05/26/2011 12:46 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, AUD and CAD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis May 26, 2011 EUR-USD As I mentioned here yesterday, a correction in the US stock markets can weaken the US dollar, and so it happened. The reversal pattern in the daily is getting support...
Swiss frank demonstrated hit historical maximum against the euro today. Asian and European trading session: Euro: Uncertainty and lack of consensus with the Greek budget problems pressured the euro today. The EUR/USD pair showed minimums at the...
Economic data from the United States and the U.K. continued to mirror projections that the global economy is facing hurdles. The Core Durable Goods Orders numbers from the U.S. on Wednesday came in negative. While the GDP...
Hello everyone. Let’s take a look at the EUR/GBP hourly chart. We saw a high in May and am currently in a movement down. Look for the downward trend to continue, potentially to the .8500 area and...
The Dollar Index (DXM11) slips again from 76.50 ranges; on the event of weaker than expected economic data, profit taking was witnessed in the dollar long positions. The Cable appreciated the most followed by the Euro and...
05/26/2011 06:57 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, CHF and CAD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...