EUR/USD had a very bullish day on Wednesday as traders continue to press forward with their belief that the EU has a solution coming in the near term. In the mean time, there really hasn’t been much...
The Dollar Index continued loosing streak on the event of stronger asset classes especially the equity bourses; the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00...
The euro decreased in the threshold of the voting over the EFSF expansion. Asian and European trading sessions: Euro: The euro traded in the narrow range after the yesterday’s rapid growth against the greenback. The EUR/USD traded...
The Greenback traded dull against most of the FX majors, the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00 ranges are expected to again act important...
The EUR/USD pair rose again on the Tuesday session as traders really didn’t have much to focus on during the session. The pair wants to rise, mainly as an oversold bounce at this point, but the consensus...
Euro showed its considerable growth against the greenback.
The Euro skyrocketed against the US Dollar during the Monday session as it was announced that the German and French leaders had agreed to decide something and come up with a plan for the debt crisis, and...
The Dollar Index continued to correct on the event of stronger asset classes across the globe especially the equities. Though 76.00 ranges are expected to again act important support, 79.80 ranges are expected to act as formidable...
Stronger equity bourses led to profit taking in the Greenback. After the Dollar Index hit resistance zone of 79.80, long liquidation was observed; 76.00 ranges is expected to again act important support. Historic resistance is seen in...
EUR/USD originally rose during the session on Friday as the Non-Farm Payroll numbers came out stronger than expected. However, with the ratings agencies cutting the ratings of Spain and Italy, the markets sold off later in the...