USD/JPY Open 91.34 High 92.03 Low 90.94 Close 91.38Dollar/Yen continued climbing on Wednesday insignificantly, as expected, from 90.94 to the 91.52, closing the day at 91.38. Signals are expected to remain upwards in the short term, as...
Market Notes: Tonight we had some good news from Australia with unemployment rate shrank by 0.2% from a previous reading. This means that the carry trade is “alive”.EU interest rate decision is expected to stay unchanged for...
GBP/USD Open 1.6281 High 1.6307 Low 1.6141 Close 1.6277Pound/Dollar continued climbing on Wednesday, as expected, from the 1.6140 bottom to the 1.6300 top, closing the day at 1.6277. On the 15 minute chart we have a very...
AUD Over night, the AUD returned to its early momentum and rallied upwards as the Australian’s unemployment data was released, adding three times more jobs than forecasted. The unemployment rate fell 0.1% to 5.5% from November the...
The U.S Dollar remained lower against most major rivals on Thursday after the Federal Reserve’s report on regional economic conditions said conditions were improving modestly. Traders said the focus was now turning to the U.S. reports on...
EUR/USD Open 1.4533 High 1.4576 Low 1.4458 Close 1.4509Euro/Dollar continued its ascending movement on Wednesday after the break up of the 1.4229 – 1.4484 range at the beginning of the week, reaching a peak at 1.4576, and...
ForexPros Daily Analysis January 13, 2010 Fundamental Analysis: Initial Jobless Claims Traders anticipate the publication of the Initial Jobless Claims reporttomorrow, January 14.
USD As the US Comerce Department issued a report that showed the Trade Deficit had widened much more than expected, the US Dollar was able to still hold off another selloff due to concerns broight about by...
The US Dollar was little changed against the EUR but fell significantly against the yen during Tuesday’s trading session after the People’s Bank of China increased the amount of reserves Chinese banks must hold in order to...
EUR/USD Open 1.4473 High 1.4549 Low 1.4458 Close 1.4488After the break up of the 1.4229 – 1.4484 range on Monday Euro/Dollar traded quietly on Tuesday within around 90 pips range. We will be looking for convincing break...
