The EUR/USD fell again today, but this time broke through some of the previous support that had been holding the market up. 1.42 did hold however, and might be a bit of a “last stand” for this...
Tension in Greece is escalating, which pressures the euro.
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
Wall Street tallied robust gains Tuesday to extend a winning run into a third session after Microsoft said it would buy Internet-phone company Skype for $8.5 billion. The deal bolstered expectations of more buyouts to come. The...
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
S&P reduced credit rating of Greece.
The EUR/USD fell today, but ended the day forming a hammer at the 1.4350 area. This shows underlying strength in this currency and that the USD may begin to fall again. The European issues in Greece are...
Dollar is trading firm after Dollar Index finding support at 72.85 (DX). The Dollar Index is expected to find support at 74.50; on the higher side 76.10 is expected to act as important resistance; weekly close beyond...
The beginning of the previous trading week saw the strengthening of the US dollar after the official announcement of the liquidation of the terrorist #1 Osama Ben Laden. Market participants were optimistic during the Asian and European...
This past week was rough for stock market bulls as commodities and the S&P 500 were hit with selling pressure. The move started with CME’s increases in margin requirement for silver contracts and gave investors a prominent...