Greenback Marching On
The reversal for the USD continued its trend on Friday as the Greenback continued to gain value against the EUR and GBP. Commodity markets also declined before going into the weekend. The EUR started out Friday with...
Category: Daily Forex Reports
16th May, 2011 – Daily Forex Report by GFM Research
Increase in Michigan Sentiment pushes the U.S Dollar to furthers highs on Friday; the Greenback continued strengthening for the consecutive week after the Dollar Index (DX) hitting low of 72.89 ranges couple of weeks earlier.Benchmark equity index...
US Dollar Opens with Solid Uptick
The US dollar opened this week moderately stronger versus the euro as traders appear to have continued nursing wounds from last week’s dizzying session. The result has been for the EUR/USD to come within reach of 1.4050...
Daily FX Market Outlook by AceTrader-16-5-2011
Market Review – 13/05/2011 20:12 GMT U.S. dollar rallies on broad-based risk aversion on Friday The single currency went through a roller-coaster session in volatile trading on Friday. Although euro weakened in Asian morning to 1.4185 as...
Forex-Metal Daily Analysis -13/05/2011
Drop of the euro and the pound.
Daily Market Review for 13/05/2011 by SolidityBrokers.com
Wall Street closed in green territory. American shares rose along with commodities Thursday as the dollar fell against the euro, continuing what one analyst said is Wall Street’s call for continued stimulus from the Federal Reserve. It...
USD/CAD Analysis
Greetings. Let’s take a look at the USD/CAD hourly chart. It seems like the low from late April/early May is holding up and we’re currently looking at a 3 wave correction.
13th May, 2011 – Daily Forex Report by GFM Research
With most of the asset classes especially equity bourses and commodities, finding stability in the lower ranges, the Dollar Index expected to find resistance at 76.10; only weekly close beyond 76.20 ranges would give confirmation of short-term...
GDP Numbers From Europe Today
The broad markets remained rather cautious on Thursday as the USD continued to hold ground against the EUR and GBP. After months of taking it on the chin from the Single Currency the Greenback appears to be...
EUR Lower vs. USD as Traders Seek Safety on Growth Concerns
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...