The EUR/USD pair continued to be the focus of all things Forex on Monday as the weekend saw the Spanish banks receiving a bailout. The 125 billion Euro bailout was initially greeted by the market with relief...
Market review for 04-08.06.2012
The EUR/USD pair continued to be the focus of everyone in the Forex world on Friday. The pair features a currency that many think may not even exist in a couple of years, and as a result...
EURUSD breaks above the downward trend line on daily chart, suggesting that a cycle bottom has been formed at 1.2288. Initial resistance is at 1.2670, as long as this level holds, the price action from 1.2288 could...
Fear that the global economies are about to contract further has sent the central bankers scrambling for a solution. To no one’s surprise, the central banks are going to figure out a way to loosen the money...
The EUR/USD pair tried to rally for the session on Thursday as the markets expected Ben Bernanke to talk about stimulus in front of the Congress. The fact is that he didn’t explicitly say so, and even...
After being away from the daily skirmishes in the currency wars for over a week, there is always apprehension about your return. Might there possibly be a new set of drivers in these markets, drivers that will...
The EUR/USD pair rose during the session on Wednesday as the 1.25 level gave way as resistance. The pair is getting a boost by the potential easing out of the Fed, and the fact that the ECB...
The Reserve Bank of Australia lowered the interest rate by 0.25 % points – to 3.5 %. Asian and European trading sessions:
The EUR/USD pair fell during the session on Tuesday as the risk off attitudes came back to the markets, albeit in a limited mode. The pair seems to have reacted to the 1.25 level as resistance, and...
