US dollar continues to loose its positions Asian and European trading sessions:
The Greenback depreciated more than 100 pips against the Euro, but EURUSD is approaching historical resistance zone of 1.4300 ranges. The U.S Dollar depreciated against the Aussie Dollar but remained range bound against the Cable for most...
The U.S Dollar depreciated mare than 200 pips from the lows against the Cable; while the Greenback traded flat against the Euro, Swiss Franc and the Aussie Dollar; the U.S Dollar continued appreciating against the Japanese Yen...
Uncertainty in the FRS interest rate decision expectations. Asian and European trading session:
The U.S Dollar strengthened against the Euro and the Aussie Dollar but traded flat against the Cable, Japanese Yen and the Swiss Franc. Fed’s policies due for release late night would provide key direction for the FX...
Market review for 28.03 – 1.04.2011
The U.S Dollar weakens against the major FX pairs especially against the Euro and the Cable. But for the weakening of the Japanese Yen vis-à-vis the Greenback and the Common Currency, the Dollar Index (DX) would have...
AUDUSD’s upward movement from 0.9704 extended to as high as 1.0394. Further rise is still possible, and next target would be at 1.0500 zone. Support is at 1.0200, as long as this level holds, uptrend could be...
The US Dollar remained soft the Common Currency though profit booking was seen in EURSUD in at recent highs of 1.4230 ranges; the Cable slipped off yesterday highs hit during the European trade to stabilize in the...
Pressure of the expanding Euro-zone sovereign debt.