The USD and JPY maintain their rallies over their riskier counterparts as traders try to decipher officials’ comments regarding exit strategies and interest rate hikes for the near future. Today sees the first day of important economic...
EUR/USD Open 1.4626 High 1.4721 Low 1.4565 Close 1.4620 Euro/Dollar continued the bearish movement on Monday down to the 1.4565, from where increased up to 4669, as expected, closing the day at 1.4620. Of the 3 hour...
The Yen rose to a 7 month high versus the Dollar as Japan’s new government reiterated its opposition to pursuing deliberate currency devaluation strategy. The Sterling dropped to a 3 month low versus the Dollar last week...
USD/JPY Open 91.27 High 91.54 Low 90.37 Close 91.29 On Thursday Dollar/Yen attempted to drop, reaching a bottom at 90.37, where further downward movement was limited, and the currency the pair climbed to 91.54, closing the day...
GBP/USD Open 1.6036 High 1.6382 Low 1.5917 Close 1.6057 Pound/Dollar made a significant bearish movement on Thursday, with over 450 pips, closing the day at 1.6000. On the 1 hour chart after breaking down out of the...
The Dollar snaps a two week decline versus the EUR after disappointing U.S Home Sales data and ahead of the G20 meeting. The USD and JPY are benefiting from the recent surge in risk aversion ahead of...
EUR/USD Open 1.4654 High 1.4797 Low 1.4615 Close 1.4662 On Thursday Euro/Dollar attempted to rise, reaching a peak at 1.4797, as expected, where further bullish movement was limited and the currency pair dropped to 1.4615, closing the...
USD/JPY Open 91.51 High 91.60 Low 90.35 Close 91.30 Dollar/Yen failed to continue its bearish momentum yesterday, climbed up to the 91.60 top, closing the day at 91.30. Because of the current trading range within which the...
Forexpros Daily Analysis Sep 24, 2009 Euro Dollar As all other majors, the Euro dropped significantly after the Fed, and went back to 1.4685, but it stood its ground and spent the whole Asian session above 1.47....
GBP/USD Open 1.6331 High 1.6452 Low 1.6263 Close 1.6343 Pound/Dollar traded with volatility on Wednesday. The Cable tried to climb, reaching a peak at 1.6452, where further bullish movement was limited and the currency pair dropped down...
