Market Review – 02/06/2010 20:48 GMTThe Japanese yen tumbles on uncertainty after Prime Minister resignsThe Japanese yen weakened broadly as the resignation of Japanese Prime Minister Yukio Hatoyama brought bearish bias on the currency while his likely...
On Tuesday, the Single European currency turned out to be in high turbulence zone as already in the first part of the day the investors had started selling the euro, but on the North-American session, the pair...
Crude continues trading close to the awaited pivotal support at 71.65 shown in our morning report, where currently trading is wedged between the mentioned support and 38.2% Fibonacci correction that has presently turned into resistance at 72.45....
EURUSDThe pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...
ForexPros Daily Analysis June 2, 2010 Fundamental Analysis: ADP Nonfarm Employment Change Traders of the US anticipate the publication of the ADP Nonfarm Employment Change tomorrow June 3. The report is a measure of the monthly change...
The first day back from a long holiday proved cautious for the USD and broad markets. Tuesday produced gains for the Greenback versus the Single Currency, but it did lose some ground to the Sterling. Wall Street...
The EUR continued to face pressure on Tuesday in a cautious market. With full volume returning to the marketplace as traders from the U.S. and U.K. made their way into offices, the Single Currency has found that...
The Sterling gained strongly on the USD on Tuesday. Manufacturing PMI was released and produced a positive reading of 58.0, slightly above the estimate of 57.8. Today Net Lending to Individuals and Construction PMI data will be...
USD/JPY Open 91.12 High 91.80 Low 90.57 Close 90.90On Tuesday Dollar/Yen traded with noticeable increase, in converse with the Interbank sentiment at around -52%. The currency couple appreciated from 90.57 to 91.38 yesterday, closing the day at...
The Japanese Prime Minister stepped down after only nine months in office last night because of political pressure. The JPY did lose some ground to the USD on the heels of the government shake up, but this...
