Xforex Daily Reviews – October 11, Morning Review

by xforex.com | October 11, 2009 12:51 pm
Gold dropped for the first time this week, Silver slid 1 percent and as the EUR/USD pair trades at 1.4725; 0.45% below its day opening level. Take a look at Xforex's morning review to get updated.

Forexpros.com Daily Analysis – 08/10/2009

by forexpros.com | October 8, 2009 12:20 pm
Euro Dollar First we would like to draw your kind attention to the ECB rate decision that will come out later today, and to president Trichet's news conference that will follow. The Euro advanced to 1.4761 before...

USD/JPY 88.35 – 8 October 2009

by ForexCycle.com | October 8, 2009 10:03 am
USD/JPY Open 88.69 High 89.36 Low 88.00 Close 88.58 Dollar/Yen failed to continue the upward correctional movement on Wednesday, after reaching a top at 89.36, went down to the 88.00 bottom, closing the day at 88.58. On...

Dollar Down Ahead of Key Central Banks Statements

by ForexCycle.com | October 8, 2009 9:01 am
The Dollar is down today as investors await policy announcements from the European Central Bank (ECB) and the bank of England (BOE). Although no interest rate changes are expected, investors will be closely watching any accompanying remarks...

GBP/USD 1.6034 – 8 October

by ForexCycle.com | October 8, 2009 8:57 am
GBP/USD Open 1.5951 High 1.6071 Low 1.5860 Close 1.5963 On Wednesday Pound/Dollar traded hesitantly, but with high volatility. On the 3 hour chart quotes climbed over 1.6000, reaching a peak at 1.5972, closing the day at 1.5921....

EUR/USD 1.4749 – 8 October 2009

by ForexCycle.com | October 8, 2009 5:22 am
EUR/USD Open 1.4687 High 1.4773 Low 1.4655 Close 1.4688 Euro/Dollar made a moderate increasing movement on Wednesday, reaching a peak at 1.4736, than dropping down to the 1.4655 bottom, closing the day at 1.4688. On the 3...

Forexpros.com Daily Analysis – 07/10/2009

by forexpros.com | October 7, 2009 10:42 am
Forexpros Daily Analysis Oct 7, 2009 Euro Dollar The Euro advanced to 1.4761 before retreating back to 1.4682, and with that, it stayed for the whole past 24 hours above the important support specified in yesterday's report...

USD/JPY 88.34 – 7 October 2009

by ForexCycle.com | October 7, 2009 10:08 am
USD/JPY Open 88.71 High 89.64 Low 88.09 Close 88.80 Although insignificant, Dollar/Yen continued making downward movements within the descending channel on Tuesday. On the 3 hour chart quotes corrected upwards and tested the upper limit and resistance...

Attention Turns to Crude Oil Before Inventory Data

by ForexCycle.com | October 7, 2009 8:27 am
With the US Dollar’s future feeling uncertain, attention seems to have turned towards Crude Oil following speculation that the Gulf States recently discussed dropping the USD for oil trading in exchange for a basket of currencies. While...

GBP/USD 1.5922 – 7 October

by ForexCycle.com | October 7, 2009 8:24 am
GBP/USD Open 1.5915 High 1.6045 Low 1.5860 Close 1.5916 Pound/Dollar traded with volatility on Tuesday. On the 3 hour chart Cable climbed above 1.6040, reaching a peak at 1.6043, where the upward impulse was stopped, and quotes...