EURUSD has formed a cycle bottom at 1.3499 on daily chart. Now the bounce from 1.3499 is treated as consolidation of downtrend from 1.4939, range trading between 1.3499 and 1.4000 would likely be seen in a couple...
The EUR/USD pair spiked on the session during Thursday as the announcement of USD liquidity measures out of no less than 5 central banks will help the EU banks borrow in USD.
Moody’s decision to reduce the credit rating of two leading French banks pressured the euro.
The EUR/USD pair fell hard, rose, fell again, and then finally rose during a wild session in the markets on Wednesday. The pair is decidedly bearish, and looks like a sell by most accounts.
The pair is consolidating since the beginning of the week after a new fresh low at 1,35 now being support.
European crises is spreading in Europe and the euro stays under pressure. Asian and European trading sessions: Euro: The Euro was trading near its maximums during the Asian session. Further strengthening of Euro currency was constrained by...
The EUR/USD got a pop on Tuesday as traders reacted to every piece of news or rumor coming out of the Euro Zone. The reports of a joint statement coming out of the French and German governments...
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 pair is consolidating in the beginning of the week with market participants digesting the recent sharp decline.
The Dollar Index (DX) continued to appreciate after finding support at 73.60 ranges on August 29, 2011 on the event of softer equity bourses across the world. Double dip depression in the US is still glooming resulting...
