The EUR/USD pair continues to be the absolute center of the Forex world on Friday as the problems in the European Union are front and center yet again. The Greek elections have really set a lot of...
At long last the EURUSD took out the support at the 1.30 area, and worked down to a low of 1.2905. Last Friday, the pair was trading at 1.2933 with hours until forex markets close for the...
The US Dollar traded flat on the event of most of the asset classes, especially the benchmark equity index of the Dow Jones Industrials trading flat. The Dollar Index is trading range bound between 80.65 and 78.60,...
EURUSD breaks below 1.2975 support, suggesting that the downtrend from 1.3486 has resumed. Further decline could be expected next week, and next target would be at 1.2700-1.2800 area. Resistance is at the downward trend line on daily...
On the event of weaker asset classes, the US Dollar has as strengthened against most of the FX pairs. The Dollar Index is trading range bound between 80.65 and 78.60, either side breakout would establish trend.
The EUR/USD pair continued to show weakness on Thursday as the attempts at a rally only seem to have substantiated the 1.30 level as resistance at this point. The level was a spot of massive support a...
After a steady stream of bearish news early in the week, it seems the pressure on the markets is relieved. At the US opening, equities have moved smartly ahead.
Markets are continuing to assimilate the consequences of the recent European elections, and the wall of worry confronting investors has not diminished.
The EUR/USD pair continues to be the center of the financial world as the Wednesday session showed. The fall during the day was sudden, and the problems in the area continue to worry the trading world.
The US Dollar has traded mixed bag wherein it has strengthened against the Common Currency and the Aussie while trading flat against the Cable and the Japanese Yen. The Dollar Index is trading range bound between 80.65...
