High Volatility might Continue this Week

by ForexCycle.com | June 1, 2009 8:07 am
After depreciating consistently over the past few weeks, the USD is now traded over 1.41 against the EUR, and over 1.62 against the GBP. This week on Thursday, at 11.45 GMT, the ECB will deliver its periodical...

ForexPros.com Daily Analysis — 1 June 2009

by forexpros.com | June 1, 2009 6:44 am
EUR/USD Continues Uptrend The EUR/USD has started higher once again after bouncing off of the 1.4100 level. Resistance is currently at 1.4160. A break above this level would signal a move to 1.4220-1.4240. Beyond this there is...