US Dollar strength continues into the new week of trading as events surrounding Ireland and Greece push FX traders into safe-haven positions on the greenback.
Market Review – 15/11/2010 23:10 GMT Euro tanks to a 6-week low against dollar on concern over European sovereign-debtThe single currency sank to a 6-week low against dollar on Monday as worries about Irish sovereign debt prompted...
The USD/CAD currency pair has strongly rebounded from the support level of 0.9980. In whole, the USD/CAD is continuing to consolidate near multi-month lows.
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...