The U.S. dollar fell to a fresh 15-year low against the Japanese yen ahead of a big leadership election in Japan. The greenback also sank against the euro during Tuesday’s trading.
Market Review – 13/09/2010 22:49 GMTEuro rallies as robust Chinese economic data and bank-regulation timeline boost risk appetite Euro surged against the greenback on Monday, as upbeat Chinese economic data and new global banking rules boosted investors’...
During the previous week, the EUR/USD pair tried to refresh the downward trend against the euro. At the same time, having broken through the lower line of already beginning to show upward channel, the price stopped under...
ForexPros Daily Analysis September 13, 2010 Euro Dollar The Euro jumped after the market’s open and continued a bounce it started on Friday, going back above 1.28. Now the question is will the EUR succeeds in creating...
Following solid economic news out of China released last Friday, the euro, as well as other so-called riskier currencies, has maintained an upward trend going into this week. That being said, analysts are warning that these gains...
Market Review – 11/09/2010 02:04 GMTDollar rose against yen due to upbeat Chinese import data The greenback advanced against the Japanese yen on Friday as solid Chinese import data boosted investors’ confidence on the global economic recovery.
After recording the bottom over medium term basis at 80.07 the index started an upside correction which reached the 38.2% correction around 83.30 which forced the index to decline towards 23.6% which is strong support for the...
The pair continues trading within the descending channel organizing the short term bearishness since July. After recently reaching the resistance for the channel the pair head to the downside targeting the support for the channel around 82.00.
Riskier currencies made significant jumps in overnight trading, as positive news from the US economy led to renewed optimism in the global economic recovery. The most recent US Trade Balance and Unemployment figure both came in better...
Market Review – 09/09/2010 22:47 GMTDollar hovers near 15-year low against yen The greenback hovered above 15-year low against the Japanese yen on Thursday. The messages from Japanese officials were mixed and investors bet the Japanese government...