The US Dollar could trade flat despite profit taking witnessed in most of the asset classes, especially in the benchmark equity index of Dow Jones Industrials Average (.DJIA). The Dollar Index is currently trading flat at 80.10...
The AUD/USD pair had a slightly positive session during the Tuesday trading day, but the 1.02 level looks to be resistive. With this in mind, we cannot help but notice that this pair has struggled recently, and...
The US Dollar traded depreciated across the board on the event of profit taking witnessed in most of the asset classes, especially in the benchmark equity index of the Dow Jones Industrials (DJIA).
Market review for 08.10.12: Although, many markets were closed today, there were some movers and actions. Asian and European trading sessions:
The AUD/USD pair rose during the session on Monday in an attempt to get back above the 1.02 level. Interestingly enough however, we did fail at that level and form something that looks I can do a...
The US Dollar traded flat against most of the FX majors except against the Cable wherein the Pound has lost by more than 100 pips yesterday. The benchmark equity index (.DJIA) is currently trading flat at 13594...
AUD/USD fell during the session on Friday as the 1.02 level continues to act as a zone of interest. The market growth below the bottom of the hammer that was formed on Thursday, and as such we...
With most of the asset classes, especially the equities correcting, the Dollar Index appreciated of the European lows during the American session. The Greenback gained most against the Cable followed by the Aussie.
AUDUSD’s fall from 1.0624 extends to as low as 1.0151. Deeper decline is still possible next week, and the target would be at 1.0000-1.0050 area. However the price action from 1.0512 is likely consolidation of the uptrend...
ECB President Mario Draghi took his team of traveling bankers to Ljubljana, Slovenia, population about 272K, and about 801km. away from Frankfurt. Despite the new venue, it does not appear the bankers have any different policies that...
