Demand for save-heaven currencies remains high.
EUR/USD rose as the Fed announced that it was keeping rates on hold until the middle of 2013. This sets up the USD for more weakness over time, but in the interim, the markets will continue to...
The US Dollar fell on the event of most of the asset classes finding stability at the lower ranges; most of the equity bourses find support at the week lows. The Dollar Index is heading towards the...
After Fed Chaiman Bernanke rather dovish statement, the EUR/USD has found renewed strengh to test again its descending trendline. 1,44 is now a clear resistance to deal with.
S&P downgrades the US credit rating.
The EUR/USD pair fell on Monday, continuing the downward pressure that we have seen in this market for a while. The two purple lines on the chart point out how this pair has gradually fallen over the...
The US Dollar traded mixed amidst huge sell in most of the asset classes especially in the equities across the world; the Dow has lost about 1000 points during the week. Equities across the world sold off...
The pair is being well capped by its daily descending trendline after a new fail below 1,44 yesterday.
Market review for 1 – 5.08, 2011
Despite the good US employment data, the pair managed to find some support well above the 1,40 key level.