During the whole previous week the greenback showed considerable consolidation against the background of the weakening euro. For example, on Monday concerns over the budget deficit of Ireland pressured the euro. The additional negative influence came from...
ForexPros Daily Analysis November 15, 2010 1) Forex Trading Signal For EURUSD Forex Trend Analysis The overall trend for EURUSD this week is DOWN.
GBP/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/GBP_DAILY_151110.JPG
The euro is currently trading near a 6-week low vs. the dollar amid the Irish debt crisis. Ireland has denied speculation it was seeking an aid package before tomorrow’s meeting of European finance ministers. It was also...
Market Review – 12/11/2010 21:04 GMT Euro surges against dollar on speculation of a EU bailout plan for IrelandDespite extending recent decline to 1.3573 in European morning on Friday, the single currency finally staged a strong rebound...
This currency pair is developing corrective wave B of the medium term uptrend (colored magenta in the chart). Wave A is 0.9651-1.0182 and its .618 retracement (0.9854) has been reached by the price. More targets below the...
European budget problems are in the spotlight again. Asian and European trading sessions: Euro: European budget problems are in the spotlight again. According to the released information, the European countries are considering the possibility to render additional...
The USD powered ahead on Thursday in markets that saw lighter than normal volume due to holidays being observed in a variety of nations. There was no major data yesterday, but propelling the market were loud whispers...
The main discussion in the market yesterday revolved around the European debt concerns, especially regarding Irish bonds. This has reduced risk appetite in the market and decreased appeal for the euro. As a result, the dollar continued...
Market Review – 11/11/2010 23:20 GMT Euro tumbles on European sovereign debt woesEuro sank on Thursday as the ongoing concerns over eurozone peripheral debt weighed on the single currency. In addition, the selloff in U.S. stocks dented...
