Market Notes: Last days of 2009 the market is unpredictable. For example:· We’re used to an oil-CAD correlation, however today we see crude oil future prices are climbing up, but the CAD is a weakest currency of...
GBP/USD Open 1.5891 High 1.6068 Low 1.5878 Close 1.5902Pound/Dollar showed a strong increasing momentum on Tuesday, reaching a peak at 1.6068, from where the Sterling collapsed down to the 1.5878 bottom, closing the day at 1.5902. On...
USD Risk appetite returned on Tuesday in another lightly traded session that saw the Dollar fall to higher yielding currencies such as the Canadian and Australian Dollars. The last minute showing comes as there is some speculation...
The U.S dollar posted gains against most major currencies on Tuesday, boosted by a report showing a rise in U.S. consumer confidence this month. According to analysts, the ongoing gains in the Dollar are based on U.S....
EUR/USD Open 1.4341 High 1.4457 Low 1.4306 Close 1.4352On Tuesday Euro/Dollar continued its upward movement. The currency couple made a top at 1.4457, where the bullish pressure was limited, and started dropping down to 1.4339, closing the...
USD/JPY Open 91.71 High 91.78 Low 91.44 Close 91.63The formed hammer gave us a valid warning of upward continuation scenario. The currency couple had an increasing momentum on Monday to the 91.76 top and closed the day...
Forexpros Daily Analysis Dec 29, 2009 Fundamental Analysis: KOF Leading Indicators Traders of CHF await the publication of the KOF Leading Indicators tomorrow (Dec 30).The KoF Leading Indicators Index determines overall economic health by combining 12 indicators...
Market Notes: As we’ll be technical this week, pay attention to these pairs:AUD/JPY- AUD is a strongest currency of the day and JPY is a weakest. The pair has reached its downtrend resistance line. Breaking of 82...
GBP/USD Open 1.6002 High 1.6068 Low 1.5932 Close 1.5999After a week of declining movements Pound/Dollar yesterday showed an increasing momentum and started climbing from the 1.5932 bottom, closing the day at 1.5999. On the 4 hour chart...
USD In very light trading due to Japanese and European holidays, the US Dollar was mixed as investors thought about the future of the Dollar after several weeks of rallies. The prospects for the future of the...
