The Beige book report showed moderate US economy growth. Asian and European trading sessions: Euro: On Wednesday the EUR/USD rate grew and reached the $1,3856 level. US Dollar: The expectations for the release of the Beige book...
Hello everyone. Let’s take a look at a downward trending market – the GBP/JPY hourly chart.
The U.S. dollar on Wednesday gave back most of the gains against major counterparts, dropping against the EUR and felling to a 15-year low against the Japanese yen, as the knee jerk reaction to China’s interest rate...
Market Review – 20/10/2010 22:57 GMTDollar weakens broadly on Fed policy outlookThe greenback fell sharply against other major currencies on Wednesday, as market expected U.S. Fed would ease monetary policy further to spur the economy. Dollar tanked...
On 4-hour graph the USD/CAD currency pair continued the upside movement successfully breaking through the resistance level at 1.0190.
ForexPros Daily News October 20, 2010 Forex -USD/JPY moves lower, re-approaching 15-year low Forex Pros – The U.S. dollar was down against the yen on Wednesday, re-approaching a 15-year low as market focus returned to the prospect...
The USD has traded in a slightly stronger short term range the past day and a half as some investors have questioned the amount of money that the Federal Reserve will use in its quantitative easing scheme.
USD/CHF:The pair briefly stopped its long downtrend started a few weeks ago, and corrected it by about 33% until the level of 0.9757. USD/CAD:As opposed to our estimations, the uptrend didn’t stop and last session’s candle was...
Following yesterday’s volatile trading session, in which the US dollar gained around 300 pips against the euro, analysts are questioning whether the dollar gains were a temporary occurrence or the beginning of a larger trend. Today, news...
Market Review – 19/10/2010 22:58 GMTDollar rises broadly on surprise China rate hikeThe greenback gained sharply against its major counterparts on Tuesday, as Chinese surprise increase in interest rates dampened investors’ risk appetites.
