Market Review – 08/04/2011 19:41 GMT Dollar falls across the broad on worries of U.S. government shutdown The greenback declined against most of its counterparts on Friday as Democratic and Republican party leaders in Congress remain divided over...
Upon the interest rate hike from the ECB on Thursday the broad markets reacted with calm. However, after ECB President Trichet’s press conference things began to get interested and have built on the energy since then. The...
Following the widely expected euro-zone interest rate hike yesterday, the euro hit a fresh 15-month high against the dollar, peaking at $1.4400. Meanwhile, the yen resumed its recent bearish behavior during the overnight session and lost over...
The U.S Dollar depreciated traded flat against the Common Currency and the Cable; continued depreciation against the Aussie Dollar and the Swiss France.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
Market Review – 07/04/2011 19:48 GMT Euro falls as ECB Trichet turns cautious on more rate hike Euro declined on Thursday after European Central Bank President Jean-Claude Trichet said in a press conference following interest rate announcement that...
Greetings. It seems like we’ve been a sliding downward channel in the USD/CAD for a couple months now. We are currently at the bottom so although the underlying trend remains bearish, watch for a potential retracment back...
EUR-USD Daily time frame Time: 01:00 Rate: 1.4330
US dollar continues to loose its positions Asian and European trading sessions:
The Greenback depreciated more than 100 pips against the Euro, but EURUSD is approaching historical resistance zone of 1.4300 ranges. The U.S Dollar depreciated against the Aussie Dollar but remained range bound against the Cable for most...
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...
