Past events: • USD Unemployment Claims out at 462K, versus expected 456K, prior 468K• USD Trade Balance out -37.3B versus expected -40.9B, prior -39.9B• CAD Trade Balance out 0.8B, versus expected 0.3B, prior 0.1B• CHF Libor Rate...
The Dollar remained lower against higher yielding currencies today, after mixed economic data published yesterday. Crude Oil prices remained mainly unchanged on concerns of Chinese monetary policy tightening which might dampen the country’s demand for commodities.
EUR/USD Open 1.3683 High 1.3700 Low 1.3624 Close 1.3679On Thursday Euro/Dollar continued recovering, forming a secondary rising channel on the 3 hour chart. The currency couple appreciated from 1.3624 up to 1.3687, closing the day at 1.3679....
Market Review – 11/03/2010 22:59GMT Dollar little changed after mixed data on US trade and jobless claims The greenback traded little changed versus major currencies on Thursday after mixed data on U.S. trade and jobless claims failed...
Yesterday, the European currency managed to overcome the bearish pressure, which was continuing during last few days, and showed the growth to the weekly high of 1.3678. On the Asian session, the pair was sliding, however,...
Market Notes: New Zealand’s Interest Rate has left unchanged at 2.50% as expected and the dovish comments of RBNZ had this effect and weakened the NZD. Today we have a Swiss decision at 12:00. As a result...
USD/JPY Open 90.50 High 90.80 Low 89.62 Close 90.47On Wednesday Dollar/Yen continued climbing from 89.94 up to 90.80, closing the day at 90.47. On the 3 hour chart the bearish channel remains intact and our expectation are...
ForexPros Daily Analysis March 11, 2010 Fundamental Analysis: Retail Sales Traders of the US anticipate the publication of the Retail Sales. The Retail Sales is a monthly measurement of all goods sold by retailers based on a...
GBP/USD Open 1.4965 High 1.5016 Low 1.4877 Close 1.4976Pound/Dollar continued decreasing on Wednesday as Manufacturing production data was worse than expected. The Cable descended to 1.4877, from where it climbed up to 1.4993, closing the day at...
Past Events: • USD Federal Budget Balance out at -220.9B versus expected -207.5B, prior -42.6B• USD Crude Oil Inventories out at 1.4M, versus expected 1.9M, prior 4.1M• GBP Manufacturing Production m/m out at -0.9%, versus expected 0.3%,...
