The EUR gathered additional strength on Tuesday and this happened even as a rather disturbing German ZEW Economic Sentiment report came across the wires. The EUR gained versus the USD and continued to show that some investors...
The Sterling like the EUR had another day of gains against the USD and this took place as inflationary data came out close to their estimates. The U.K. will publish its Unemployment Rate and Claimant Count Change...
The JPY lost a touch of additional ground to the USD on Tuesday as Asian bourses once again mirrored their global counterparts. Investors have pushed the JPY to losses the past few sessions and this has clearly...
The index managed to return to the upside wave after it settled for the 23.6% correction supported by the 50 MA as seen over weekly basis above. The index set consecutive daily closing above the support for...
Silver continues to trade steadily within the medium term ascending channel shown over daily basis below; within this channel a minor ascending channel is organizing the movement over short term basis, where silver recently reached it support...
GBP/USD Open 1.4796 High 1.4833 Low 1.4695 Close 1.4803After some hesitant movements, on Tuesday Pound/Dollar continued recovering, in converse with negative Interbank sentiment at around -21%. The Cable appreciated from 1.4549 to 1.4833 yesterday, closing the day...
EUR/USD After faltering slightly, following news of Moody’s downgrade of Greece’s debt to junk status, the Euro resumed its rally against the Greenback. The pair hit a two week above the 1.23 mark yesterday, as solid European...
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After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but...
Crude succeeded in achieving yesterday’s scenario flawlessly stopping at the main target that has signaled to the importance of observing crude at it – $77.00 per barrel -. The importance of this level is the fact that...
