Dollar Index is just nearing resistance zone of 78.75-79.30 ranges though double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities, the dollar index may go...
The EUR/USD pair rose before the Federal Reserve’s Wednesday announcement, filling the gap from the weekend. The pair then fell apart as the announcement wasn’t overly optimistic and disappointed as the Fed didn’t do much to boost...
Investors are waiting for the results of the FOMC meeting.
EUR/USD rose during the early hours of the trading session, but fell a bit towards the end of the day on Tuesday as the news got out that the ECB, IMF, and ECB – the financiers of...
The major trend IN THE Dollar Index indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities.Key...
Euro is loosing its positions against the greenback.
EUR/USD fell hard on an opening gap on Monday, but bounced hard as rumors of the Greeks and the “Troika” are close to an agreement for the second tranche of the bailout money that the Greeks need.
After the Dollar Index corrected to 76.00 ranges, it gained to currently trade at 77.80 ranges, the major trend indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming...
The Greenback continued to trade firm against most of the FX majors on the event of continued correction in the prices of most of the asset classes especially the equities. Double dip depression in the US is...
The EUR/USD fell on Friday, and more importantly failed to close above the previous support area that kept this pair afloat. Now it seems that “what was once support is now resistance” and as a classic technical...
