Greetings. Let’s take a look at the EUR/USD chart. Many analysts think the bull run is over for the EUR/USD and last week it certainly looked it was unfolding that way.
Decision regarding the Greece bailout will be announced in the beginning of July.
The USD Dollar has lost its ground against most of the major pairs especially against the Common Currency and the Cable, whereas closed flat by the end of New York trade against the Aussie Dollar and the...
Market review for 13 – 17.06, 2011
The US Dollar Index (DXU11) is expected to find support at 75.30 ranges, weekly close below 75.00 ranges would reinitiate long-term weakness in USD else DXU11 is expected to test 77.00. Consistent close above 77.20 would post...
EURUSD’s fall from 1.4696 reached 1.4073 only. Sideways movement would likely be seen next week, and the trading range would be between 1.3969 and 1.4696. Key support is at 1.3969, a breakdown below this level will trigger...
The US Dollar Index (DXU11) is expected to find support at 75.30 ranges, weekly close below 75.00 ranges would reinitiate long-term weakness in USD else DXU11 is expected to test 77.00. Consistent close above 77.20 would post...
Negative rally of the euro, EUR/USD drops to 1,4150. Asian and European trading sessions:
Greece fears pound across the board with hefty declines in the Euro, Equities, and Oil. The Euro had the largest 1 day slump since 2009, and the inverse effect on the US dollar pressured commodities into a...
The Dollar Index (DXU11) breaks out of the trading range 75.40/74.60 established during couple of days; DXU11 breaks out above 75.40 to post smart recovery to currently trade at 76.35 on the event of weaker equity bourses...