Market Notes: The Swiss National Bank president Philipp Hildebrand repeated on Friday that they will prevent any excessive appreciation of the Swiss franc.There are rumors that Bernanke’s reelection on Tuesday is in jeopardy.Dow Jones and S&P500 have...
GBP/USD Open 1.6112 High 1.6392 Low 1.6200 Close 1.6099Pound/Dollar rose on Friday, as expected, to the 1.6275 top, from where started declining down to the 1.6082 bottom, closing the week at 1.6099. After being subject to heavy...
MAJOR HEADLINES – PREVIOUS SESSION CA Nov. Retail Sales out at -0.3% m/m vs. -0.2% expected and revised +1.0% prior AU Q4 Producer Price Index out at -0.4% q/q, -1.5% y/y vs. +0.1%/-0.9% expected and 0.1%/0.2% prior...
The Dollar and the Yen, the two strongest currencies of last week’s trading session, are likely to be shaken this week, as interest rates announcement from both the U.S. and Japan are expected. Any manipulation of rates...
EUR/USD Open 1.4152 High 1.4181 Low 1.4071 Close 1.4130Euro/Dollar traded above the 1.4034 support on Friday and above the 20 and 50 EMA, partly recovering from previous’ days losses, closing the week at 1.4130. We expect only...
USD/JPY Open 90.38 High 91.87 Low 89.78 Close 90.39Dollar/Yen climbed to the 91.87 top on Thursday, from where made a sharp drop down to 89.78 bottom, as a result of the US president Obama’s proposal for financial...
GBP/USD Open 1.6197 High 1.6392 Low 1.6200 Close 1.6195Pound/Dollar decreased on Thursday, as expected, from the 1.6312 top down to the 1.6125 bottom, closing the day at 1.6195. This morning, however, the Cable recovered almost all losses...
MAJOR HEADLINES – PREVIOUS SESSION * US Weekly Initial Jobless Claims out at 482k vs. 440k expected and revised 446k prior * US Continuing Claims out at 4599k vs. 4598k expected and revised 4617k prior * US...
Crude Oil fell for a second straight session Thursday and ended 2% lower, to trade near $76 a barrel despite a drop in U.S. crude supplies as concerns over Chinese growth dampened appetite for riskier currencies and...
EUR/USD Open 1.4092 High 1.4145 Low 1.4034 Close 1.4085Euro/Dollar traded hesitantly on Thursday within the 1.4145 – 1.4034 range, closing the day at 1.4085. The currency couple moved close to the key support level at 1.4034, and...
