05/24/2011 06:57 UTC USD swings lower as it weakens against the EUR, JPY, CHF, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...
The Dollar Index (DXM11) reached major resistance zone of 76.50; Weekly close above 76.50 would post short-term bottom. On the lower side, 74.40 is expected to act as critical support for Dollar Index (DXM11), only weekly close...
05/23/2011 23:33 UTC CHF swings lower as it weakens against the USD, JPY, CAD, EUR and NZD. Recent mid-term strength indicator reading for CHF is 7 out of 8, thus suggesting that the current swing may be...
Market review for 16 – 20. 05, 2011
ForexPros Daily Analysis May 23, 2011 Euro: On the daily, the euro is in measured moves short from its 50% at 1.43167, with a target at 1.39146, with coincides with the next full traditional 50% long at...
Renewed tensions surrounding Europe and the peripheral nations’ debt crisis combined with weak US economic data has helped to drive the dollar rally for the third week.
Global investors, coming off their third week of losses, will look to home sales, GDP and handful of earnings in the coming week for clarity on whether the economy and stocks are in for a rougher ride.Currency...
We’re getting ready for another interesting week ahead. Many analysts are predicting the commodity rebound will continue to the end of the month. We on the other hand, believe the impressive bullish run of 2010 and early...
The Greenback strengthens across the board; U.S Dollar gained most against the Euro where as remained flat against the Aussie Dollar and the Cable; 74.40 is expected to act as critical support for Dollar Index (DXM11), only...
The EUR debt crisis continues to pick up steam. And repeating a performance from the past two weekends, European governments made several pronouncements over the weekend which are likely to affect investors today. The EUR lost ground...
