Confidence in Euro Continues to Drop

by Forexyard.com | May 12, 2010 7:18 am
Traders seemed anxious in trading yesterday. Comments regarding the recent Greek $1 trillion aid package by a senior IMF member raised new doubts about the EUR. Traders are now concerned that the package came too late and...

EUR/USD 1.2625 – 12 May 2010

by iFOREX.bg | May 12, 2010 5:01 am
EUR/USD Open 1.2633 High 1.2796 Low 1.2606 Close 1.2660The Euro continued sliding insignificantly downwards on Tuesday. Euro/Dollar decreased from 1.2796 to 1.2615 yesterday, in converse with the Interbank sentiment projection, at nearly +13%, closing the day at...

Daily Market Outlook by AceTrader

by AceTraderfx.com | May 12, 2010 1:16 am
Market Review – 11/05/2010 21:40GMT Cable rises as Conservative Cameron takes over as U.K.’s new PM The British pound rose against dollar and euro after Conservative leader David Cameron took over as U.K.’s new prime minister. The...

Forexpros.com Daily Analysis – 11/05/2010

by forexpros.com | May 11, 2010 10:41 am
ForexPros Daily Analysis May 11, 2010 — Free webinar on ForexPros – “Money Management for Forex & Futures” Expert: Mark Hodge, Rockwell TradingWhen: Wed, May 12, 2010, 10:00 EST Money Management is one of the keys to...

GBP/USD 1.4867 – 11 May 2010

by iFOREX.bg | May 11, 2010 8:41 am
GBP/USD Open 1.4856 High 1.5055 Low 1.4762 Close 1.4844Pound/Dollar climbed on Monday, following the partial recovery of the Euro, in converse with the negative Interbank sentiment at around -56%. The Cable appreciated yesterday from 1.4762 to 1.5055,...

EUR’s Gains Erode Throughout the Forex Trading Day

by Forexyard.com | May 11, 2010 5:40 am
Markets rallied following the release of the European Financial Stabilization Plan. The Dow Jones Industrials Average closed up almost 4% for the day as risk taking was prevalent through the day. The Dollar also rallied as the...

EUR/USD 1.2746 – 11 May 2010

by iFOREX.bg | May 11, 2010 5:07 am
EUR/USD Open 1.2779 High 1.3085 Low 1.2706 Close 1.2784The Euro rose first on Monday on the good news for Europe over the weekend, than lost all its gains. Euro/Dollar increased from 1.2732 to 1.3085 yesterday, in line...

Forexpros.com Daily Analysis – 10/05/2010

by forexpros.com | May 10, 2010 11:17 am
ForexPros Daily Analysis May 10, 2010 Fundamental Analysis: German CPI European traders anticipate the publication of the German CPI. The German Consumer Price Index (CPI) measures the changes in the price of goods and services. The CPI...

USD/JPY 93.16 – 10 May 2010

by iFOREX.bg | May 10, 2010 10:02 am
USD/JPY Open 92.13 High 93.05 Low 90.97 Close 91.47Dollar/Yen traded hesitantly on Friday within the 90.97 – 93.01 range, matching the Interbank sentiment at around -23%. On Friday the currency couple depreciated from 93.01 to 90.97, closing...

GBP/USD 1.4871 – 10 May 2010

by iFOREX.bg | May 10, 2010 8:02 am
GBP/USD Open 1.4768 High 1.4912 Low 1.4512 Close 1.4784Pound/Dollar continued depreciating on Friday, in line with the negative Interbank sentiment at nearly -61%. The Cable depreciated on Friday from 1.4912 to 1.4512, closing the week at 1.4784....