The euro took some mild losses against the yen and US dollar during the Asian session ahead of today’s euro-zone Minimum Bid Rate, scheduled to be announced at 11:45 GMT. The European Central Bank is widely expected...
Today may turn out to be one to remember. The European Central Bank will be holding their monetary policy meeting and they are widely expected to raise their interest rate for the first time since 2008 with...
Market Review – 06/04/2011 19:59 GMT Euro rallies to a 14-month high ahead of ECB rate decision Euro rose broadly on Wednesday as ECB’s interest rate hike prospect continued to support the single currency. The European Central Bank...
The U.S. released its FOMC Meeting Minutes report on Tuesday and while it says the economy is making strides and has a stable to good outlook, it did express concern about inflation. This is interesting because only...
The euro remained bullish in overnight trading as investors eagerly await the results of the ECB meeting scheduled to take place tomorrow. It is widely anticipated that the ECB will raise euro-zone interest rates, a move which...
The U.S Dollar depreciated mare than 200 pips from the lows against the Cable; while the Greenback traded flat against the Euro, Swiss Franc and the Aussie Dollar; the U.S Dollar continued appreciating against the Japanese Yen...
Market Review – 05/04/2011 19:47 GMT Euro strengths in U.S. session on weaker-than-expected U.S. ISM non-manufacturing index Euro rose strongly in U.S. session on active shorting covering on Tuesday as the lower-than-expected U.S. ISM non-manufacturing index raised concerns...
Uncertainty in the FRS interest rate decision expectations. Asian and European trading session:
EUR/USD pair is rolling back after it failed to test the 1.4278 resistance level. As mentioned before, a break of this level will target the pair to 1.4577. Earlier in the intraday chart EUR/USD shaped a Bullish...
The U.S Dollar strengthened against the Euro and the Aussie Dollar but traded flat against the Cable, Japanese Yen and the Swiss Franc. Fed’s policies due for release late night would provide key direction for the FX...
