EUR/USD rose during the session on Friday as the market tried to rally on all things risky. However, there is a massively important meeting in Europe on Monday that will decide whether or not the Greeks get...
EURUSD broke below 1.3026 support, suggesting that a cycle top has been formed at 1.3320 on daily chart. Further decline would likely be seen over the next several days, and the first target would be at 1.2800...
EUR/USD rose during the session on Thursday as the market found the 1.30 level as being overly supportive. The pair had been bearish for much of the session, but as if on cue – the market suddenly...
The Euro zone’s GDP contracted by 0.3% in a 4Q.
The rating agency Moody’s downgraded the credit ratings’ of six European countries,
The EUR/USD pair fell again on Tuesday as the markets continue to sell risk related assets. The announcement of the cancelled EU Finance Ministers meeting on Wednesday also sent a shudder through the markets as well.
The US Dollar Index has hit the short-term resistance of 79.80 ranges during yesterday’s New York trading session and has started weakening since today’s Asian trade; daily close below 79.10 would drag DXH2 towards the short-term support...
EUR/USD got an initial pop on Monday as the austerity measures passed in Athens. However, this excitement was short-lived, and the sellers stepped into the markets. The 1.3250 level has been one the market has been flirting...
The US Dollar Index is approaching critical support of 78.20, DXH2 may become sideways between 79.80 and 78.20. Though the major trend is bearish, 78.20 may act as important support.Dow Jones Industrials is trading at the last...
Market review for 06 – 10.02, 2012
