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...
China demonstrates industrial production growth.
The U.S Dollar traded mixed against the major pairs, wherein it has appreciated by more than 100 pips against the Swiss Franc and depreciated by more than 60 pips against the Aussie Dollar and traded flat by...
New earth-quakes in New-Zealand pressured the national currency.
Wall Street closed in green territory Monday, as enthusiasm over a burst of corporate deals overshadowed global economic worries that were amplified by a rating agency’s downgrade of Greece. After last week’s fall below 12,000, its first...
The Dollar Index (DXM11) after taking support at 73.50 recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support and 75.00 acting as resistance only weekly close...
