USD/JPY 88.84 – 11 December 2009

by iFOREX.bg | December 11, 2009 11:14 am
USD/JPY Open 88.29 High 88.99 Low 87.76 Close 88.19Dollar/Yen made a lowering attempt on Thursday to the 87.76 bottom, from where it started climbing up to 88.43, closing the day at 88.19. Today Dollar continue to strengthen...

GBP/USD 1.6302 – 11 December 2009

by iFOREX.bg | December 11, 2009 10:29 am
GBP/USD Open 1.6274 High 1.6342 Low 1.6216 Close 1.6276Pound/Dollar traded hesitantly and with volatility on Thursday. Quotes attempted to decrease, reaching a bottom at 1.6216, from where the Cable bounced up to the 1.6342 top, closing the...

Credit Ratings Downgrades Pressure the EUR

by Forexyard.com | December 11, 2009 7:51 am
The EUR continues its decline against the Dollar on concerns the credit ratings of more European nations will be lowered. Spain had the outlook on its debt grade cut to “negative” from “stable”. Greece’s credit ranking was...

EUR/USD 1.4723 – 11 December 2009

by iFOREX.bg | December 11, 2009 7:30 am
EUR/USD Open 1.4729 High 1.4758 Low 1.4691 Close 1.4731Euro/Dollar made an insignificant bullish movement on Thursday, reaching hights of 1.4758, and closing the day at 1.4731. This fact should be considered as a failure of the bears...

Dollar Rally Continue?

by forexpros.com | December 10, 2009 1:01 pm
Dollar Rally Continue? We went right to the point on Tuesday where resistance would kick in, 1.4770-1.4780, and it went right to 1.4780 but could not get above. This has set up a bearish formation on the...

Forexpros.com Daily Analysis – 10/12/2009

by forexpros.com | December 10, 2009 10:55 am
Forexpros Daily Analysis Dec 10, 2009 Fundamental Analysis: US Census Bureau The US Census Bureau will release the Core Retail Sales report tomorrow (Dec 11). The report is a monthly measurement of all goods sold by retailers...

GBP/USD 1.6264 – 10 December 2009

by iFOREX.bg | December 10, 2009 9:12 am
GBP/USD Open 1.6266 High 1.6344 Low 1.6167 Close 1.6268Pound/Dollar made a significant downward movement on Wednesday, reaching a bottom at 1.6167, from where the Cable sharply jumped to the 1.6344 top, closing the day at 1.6268. This...

U.S. Dollar Drops After Three Straight Days of Gains

by Forexyard.com | December 10, 2009 9:09 am
After three days of continuous gains, the U.S. Dollar ended its winning streak Wednesday, as traders began to turn to riskier currencies amid a positive day on Wall Street. Subsequent gains made by the EUR threatened to...

Daily Forex Analysis by Finexo.com 10/12/2009

by Finexo.com | December 10, 2009 9:06 am
GBP The United Kingdom’s Finance Minister, Alistair Darling indicated that he will probably raise the estimate of borrowing by the government from a record 175 Billion Pounds, admitting that the recession has been deeper and required more...

EUR/USD 1.4718 – 10 December 2009

by iFOREX.bg | December 10, 2009 6:03 am
EUR/USD Open 1.4735 High 1.4777 Low 1.4676 Close 1.4706Euro/Dollar continued weakening on Wednesday insignificantly, breaking down the 1.4677 support level on the 3 hour chart, where the bearish momentum was limited. Quotes than jumped up, towards the...