The overall picture: A long-expected trend has finally begun, as Bollinger Bands signaled about it. A “buy” signal with the target level of 1.3962 is formed. At present moment, the price has not managed to strengthen above...
ForexPros Daily Analysis March 4, 2010 Fundamental Analysis: US Unemployment Rate Traders of the US anticipate the publication of the Unemployment Rate, which is a measure of the percentage of the total labor force that is unemployed...
Usd/jpy – 88.40 … http://www.acetraderfx.com People Bank of China deputy central banker Su Ning’s comments that inflation expectations in China can be controlled. The greenback briefly dropped to 88.14 on his comments after triggering some stops at...
GBP/USD Open 1.5099 High 1.5132 Low 1.4863 Close 1.5098Pound/Dollar followed the Euro upwards on Wednesday, as Dollar weakened across the board, climbing from 1.4981 to 1.5132, closing the day at 1.5098. Today at 11:00 is the BOE...
ECB and BoE key rate announcements today, followed by US Non-Farm Payrolls out tomorrow Past Sessions: • USD ADP Non-Farm Employment Change out at -20K, versus expected -15K, prior -60K (revised)• USD ISM Non-Manufacturing PMI out at...
The U.S. dollar traded lower Wednesday as investors moved to higher-yielding currencies and riskier assets after U.S. data was better than expected. ISM service data showed the U.S. services sector grew in February at its fastest pace...
EUR/USD Open 1.3700 High 1.3734 Low 1.3595 Close 1.3696The Euro/Dollar rose on Wednesday after new strategic measures of the Greek government for lowering the deficit with 5 bln were announced. The currency couple climbed from 1.3595 up...
GBP/USD – 1.5092.. http://www.acetraderfx.com Contrary to what u had read, cable’s rally to 1.5131 y’day was not due to the sharp rise to over 3-year high in U.K. PMI service data (price briefly jumped to 1.5068 n...
Market Review – 03/03/2010 22:51GMT Euro rises again on Greek austerity plans The euro surged for a second day on Greek austerity plans while the greenback fell across the broad on Wednesday as global equities and commodities...
USD/JPY Open 88.76 High 89.36 Low 88.46 Close 88.84Dollar/Yen decreased on Tuesday, as expected, down to 88.61, closing the day at 88.84. After reaching the lower bottom this morning at 88.46, the currency couple started rising, as...
