USD The US Dollar gingerly retreated from recent gains after comments from the United Arab Emirates soothed loan default concerns, taking away for now, the flow of safe-haven funds. The UAE’s Central Bank said on Monday that...
Too many times I hear about new traders opening a trade using the 5-minute chart (not my favorite approach) and when the market moves against them, they move to the 15-minute chart to justify staying in a...
The Dollar declined slightly against most rivals in today’s early trading, as concerns over Dubai’s debt repayment problems eased, boosting demand for higher yielding currencies and commodities.
EUR/USD Open 1.5031 High 1.5081 Low 1.4969 Close 1.5004After the huge rise at the beginning of last week to the new peak at 1.5145, Euro/Dollar lost all gains in the second half of the week, dropping down...
