Market Review – 18/10/2010 23:01 GMTDollar strengthens against euro after Geithner’s comments The greenback rose against euro in late NY trading session on Monday, as U.S. Treasury Secretary Timothy Geithner said U.S. would not engage in devaluing...
Market Review – 15/10/2010 20:57 GMTEuro tumbles from a near 9-month high against dollar on heavy profit-takingThe single currency tumbled from a near 9-month high against dollar on Friday due to heavy profit-taking as technical indicators signalled...
NZD/USD: The pair reached an important resistance of 0.7642 after several weeks of a clear uptrend.GBP/USD: A second test of the resistance level of 1.6001 happened during the last trading session. This second test confirmed the strength...
EUR/USD Daily graph:
The USD/SEK currency pair turns back slightly after refreshment of a new annual minimum. The view on the currency pair remains bearish, as the USD/SEK continues trading in a downward trend.
The song has remained the same the past two trading days. The USD continues to show weakness and face stiff tests from the other major currencies as the greenback essentially has been put under pressure (apparently willfully)...
The EUR has sustained its pace against the USD and it has done this even as economic data from Europe continues to turn in lackluster results. Even as some nations within the continent have been rocked by...
The Sterling has climbed to highs against the USD and finds itself within a historically known value. Like the EUR the GBP does have many issues that have not gone away regarding its own financial foundations, but...
Like a song that keeps playing on the radio, the JPY and AUD continue to go to highs against the USD in what has become a consistent theme. A strong JPY does Japan’s export companies no good...
A tightening of monetary policy in Singapore was the main factor in the dollar dropping to record lows against several of its main currency rivals in trading yesterday. The EUR/USD pair went as high as 1.4123 before...
