EUR-USD With thin trading yesterday behind us, the lows of the range established during that time have been tested and exceeded on the downside. Price has since moved back up into the trading range between 1.4050 and...
Traders witnessed one of the first vital pieces of information from the Euro-Zone which actually put a dent in the plans of the EUR. The German Ifo Business Climate report failed to meet expectations and slightly lowered...
The EUR/USD has seen selling in the early Tokyo session although the uptrend remains very much intact.
Many forex traders witnessing the strong bearish trends across the USD pairs and crosses have been wondering when it will come to an end. As last week’s U.S. housing market data and unemployment figures proved worse than...
The USD’s volatility is set to continue today as forex trader’s eye Federal Reserve Chairman Ben Bernanke’s speech as 6 GMT. In the meantime, however, it would be a wise move for investors to open some important...
These past several weeks have seen a series of positive economic data emerging from various economies. Even a record contraction in Japanese GDP was anticipated and the market impact was minimal. As market optimism takes hold, safe-haven...
An increase in optimism led by a bullish stock market as well as positive comments made by U.S. Treasury Secretary Timothy Geithner yesterday led to an increased demand for riskier currencies. Expect a busy news day today,...
The dollar was slightly more volatile over the past week than usual, and the explanations for this have been getting trickier by the day. As for this week, forex traders are advised to take positions on trades,...
EURO is expected to swing and rise; EURO made the high 1.3489 and low 1.3425.The drop is week beginning false move. It is expected to make a new low below the low briefly during close of Japanese...
Oil prices reached over $59.50 a barrel yesterday, an increase of a whopping 4%. It seems that the OPEC production cuts have worked. Traders should also take into account that the Crude prices were also fueled yesterday...
