Forex Metal Weekly Newsletter
Market review for 25 – 29. 04, 2011
Category: Daily Forex Reports
AUD/USD Daily Fundamental Analysis for May 3, 2011
The Australian dollar dropped against greenback during the first day trading of the week after president Obama said al-Qaeda leader Osama bin Laden has been killed.
USD/JPY Daily Fundamental Analysis for May 3, 2011
The USD/JPY pair starts the week moving to the upside, after it dropped last week to its lowest level in 5 weeks. The main reason behind the upside movement remains the risk appetite, which encourage investors to...
Daily Market Review for the 02.05.2011
EUR/USD Time: 11.45 Rate 1.4808 Strategy: Short/long Daily time frame
Gold At Record Highs
In many respects the currency markets will begin to trade in earnest today essentially where they left off on Friday discounting ranges. Many banks and bourses will be closed across Europe today because of Labor Day. However...
Europe on Holiday, USD Still Bearish
With Europe and Great Britain on holiday Monday, currency traders have witnessed a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the GBP...
2nd May, 2011 – Daily Forex Report by GFM Research
Stronger equity bourses, especially the Dow Jones Industrials (DJIA) the weakening of U.S Dollar against the majors. The Dollar Index (DX) has hit lifetime low of 73.00 during last Friday’s trade; only consistent daily close above 74.80...
Daily Market Review for 29/04/2011 by SolidityBrokers.com
Wall Street closed in green territory Thursday, pushing the Dow average to its best finish in nearly three years after confidence in corporate results overcame weaker economic data. The Dow Jones Industrial Average closed up 72.35, or...
Bearish Pressure Growing on US Dollar
Forex traders, who had been hesitant to short the greenback due to a variety of reasons last week, found many justifications to push heavily against the greenback these past two days. The EUR/USD has now risen to...
USD/CHF Technical Analysis for April 29, 2011
The USD/CHF fell again today, but rose from the bottoms – a place that matched the all0time lows made a few days ago. The pair still looks very weak, and any rallies should be sold. The 0.8650...