On Friday the Dollar Index traded weak for most part of the European session but mild weakness in the benchmark equity index of Dow Jones resulted in the Greenback surge. Major trend is range bound between 73.40...
Being supported by 1.3146 previous low, EURUSD rebounded from 1.3212. However, the bounce would possibly be consolidation of downtrend from 1.4246, one more fall to re-test 1.3146 support is still possible next week, a breakdown below this...
EUR/USD rose initially on Friday as optimism gripped the markets once again. However, the 1.35 level has proven that it will attract sellers as the pair approaches it, and the candle was red at the end of...
EUR/USD had a positive day on Thursday as traders continue to see potential movement in the crisis by leaders of the EU. The pair again struggled with the 1.35 level as resistive, and the pair looks a...
The Dollar Index again take resistance in the ranges of 79.50 to currently trade at 78.30 resulting in major rally in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials. Major...
EUR/USD shot straight up during the session as the major central banks around the world have agreed to reduce the costs of swapping Dollars between the banks, and can help alleviate the possibility of another Lehman Brothers...
Expectations for the meeting of the EC Ministers of Finances pushed euro up.
The Dollar Index is trading at the previous resistance zone of 79.50 from where it sold off to 74.50 ranges during October. Major trend is range bound between 73.40 and 81.20 where as the medium trend is...
The EUR/USD pair spiked originally during the session on Tuesday as traders reacted to the fact that the Italians actually managed to get their bond auction off. However, they are now paying almost 8% for the 10...
Today the demand for the Government bonds of European countries showed a significant increase.
