EUR/USD Open 1.4912 High 1.4955 Low 1.4844 Close 1.4924Euro/Dollar made a significant bearish movement on Thursday, reaching a bottom at 1.4844, but failing to go below the important 1.4800 support level, closing the day at 1.4924. On...
The Dollar and Yen gained against the EUR and other higher yielding currencies Thursday on concerns about the sluggish pace of the world economic recovery. A Decline in equity and commodity prices pushed investors back into the...
USD The US Dollar reversed its downward trend on Thursday after Federal Reserve members downplayed the fall of the US currency in the past few months by reminding investors that deflation is still a real threat. The...
Global Equity Markets were mixed across the board yesterday. In the U.S, the DJIA recovered most of its losses after losing nearly 100 points following the poorer than expect housing data numbers. Housing Starts came in at...
Forexpros Daily Analysis Nov. 19, 2009 The Bank of Japan is due to hold a press conference Tomorrow (NOV 20). The Bank regularly uses press releases in order to communicate with investors. Topics at such conferences generally...
GBP/USD Open 1.6738 High 1.6839 Low 1.6644 Close 1.6741On Wednesday Pound/Dollar was trading hesitantly, reaching a top first at 1.6839, than dropping down to 1.6716, closing the day at 1.6741, which indicates consolidation. On the 3 hour...
The EUR advanced on the U.S dollar Wednesday, but failed to reach the $1.50 mark as investors zeroed in on a Fed official’s comment suggesting key interest rates could remain low until 2012. Federal Reserve officials were...
GBP The British Pound Sterling fell broadly on Wednesday after minutes of the Bank of England’s November 5th meeting were release showing a stark difference of opinion on their quantitative easing policy. Analysts assumed that the BOE’s...
EUR/USD Open 1.4953 High 1.4989 Low 1.4869 Close 1.4960On Wednesday Euro/Dollar traded hesitantly, still inclining upwards. After Bernanke’s pessimistic speech about the economy economic recovery on Tuesday, which weakened the Euro, as seen on the 3 hour...
Forexpros Daily Analysis Nov. 18, 2009 — Fundamental Analysis, UK The UK National Statistics Bureau will publish the monthly Retail Sales measurement Tomorrow (Nov 19). Retail Sales are a measurement of all goods sold by retailers based...
