ForexPros Daily Analysis January 18, 2010 Fundamental Analysis: Interest Rate Decision Traders are looking forward to the publication tomorrow (January 19), of the Bank of Canada, regarding short term interest rate. The decision on where to set...
USDOn Friday, US data releases were mixed though were generally disappointing at the margin. December CPI was slightly below forecast, rising just 0.1% m/m with core also up 0.1% m/m though year-on-year comparisons ticked sharply higher as...
GBP/USD Open 1.6288 High 1.6355 Low 1.6229 Close 1.6259Pound/Dollar corrected on Friday down from the 1.6355 top to 1.6231, closing the week at 1.6259. This morning Cable started climbing again, exerting pressure on the Dollar, and if...
After consistently dropping last week, the Dollar’s downtrend appears to be halted. The Dollar is currently rising against the Euro, and considering Crude Oil’s surprising drop, it seems that the Dollar has the potential to rise further....
EUR/USD Open 1.4370 High 1.4507 Low 1.4335 Close 1.4353Euro/Dollar dropped on Friday after a report from China showed a tightening of credit in the housing sector and the withdrawal of foreign investment earlier last week, causing demand...
USD/JPY Open 91.27 High 92.03 Low 90.64 Close 91.21Dollar/Yen ascended on Thursday up to the 92.03 top, from where it started dropping down to 90.85, closing the day at 91.21. Today’s bottom at 90.64 appears to be...
GBP/USD Open 1.6332 High 1.6355 Low 1.6252 Close 1.6333Pound/Dollar retreated on Thursday after the news from China showed a housing loans conditions tightening, than recovered from the 1.6252 bottom to 1.6343, closing the day ay 1.6333. Holding...
USD After falling broadly against most of its major pairs yesterday, the Dollar is still low this morning. The Retail Sales Announcement returned disappointing news and caused the US Dollar to fall to a two month low...
The Dollar fell broadly on Thursday amid negative news reports that all but dashed hopes of an interest rate hike in the near future. Today, investors will be looking at two reports that could impact USD. The...
EUR/USD Open 1.4497 High 1.4552 Low 1.4406 Close 1.4498Euro/Dollar started correcting downwards on Thursday, as expected, from 1.4552 to 1.4409, closing the day at 1.4498. The ascending movement on Wednesday was limited at 1.4574 resistance, and we...
