Continuing its strong run under a haze of nervous trading in equities the USD propelled to higher values against the EUR and GBP. The greenback is starting to approach its spring time values against both the currencies...
The EUR has taken more hits and now finds itself under the suspicious gaze of investors who are questioning its overall health. While the Sovereign Debt saga has been put to bed, it has shown signs of...
Crude stabilized below the pivotal resistance of 74.15 achieving a closing below it, alongside the bearish channel that controls the short term bearish wave that has started from the recorded top of 82.95.
The Sterling continued to find a tough path on Monday as it lost more ground to the USD. There was no major economic data from the U.K. yesterday and today the BBA Mortgage Approvals are only coming...
Asian bourses continued to struggle mirroring their global counterparts as negative sentiment held sway. The JPY continues to foster gains versus the USD in what has become an ever increasing risk adverse move.
EURUSDThe pair was able to achieve the suggested bearish scenario yesterday as it neared the initial key target around 1.2570, but managed to currently push for some bullish correction due to the positive signs which are appearing...
A consensus seems to be forming that risk aversion is returning to the market. Despite the sporadic release of positive data in various parts of the world, the overall trend appears to indicate a slow-down in recovery...
Market Review – 23/08/2010 22:48 GMTEuro weakens on worries over eurozone economy The single currency fell against dollar and the Japanese yen on Monday as investors worried over the strength of economic recovery in eurozone.
The US dollar is declining on Monday though by far it is partially maintaining positions, gained last week, when the fears about the economic stance made the traders invest in the most liquid currency of the world.
ForexPros Daily Analysis August 23, 2010 Fundamental Analysis: Existing Home Sales The Existing Home Sales measures the annualized number of existingresidential buildings that were sold during the previous month. This reporthelps to analyze the strength of the...
