The Greenback continued weakening a midst stronger equity bourses across the globe, especially the key index of Dow Jones Industrials (DJIA). Yen has stabilized against most of the major pairs, after exhibiting unprecedented volatility during last week.Non-homogenous...
Market review for 14 – 18.03, 2011
The U.S dollar traded mixed against the major pair, especially the Japanese Yen, where in it has gained by more than 100 pips on Friday. Volatility is expected to continue due to volatile Japanese Yen. Dollar Index...
EURUSD’s upward movement extended further to as high as 1.4183. The pair is now facing1.4281 resistance, minor consolidation would likely be seen before breaking above this level. Range trading between 1.4000 and 1.4200 is expected next week.
Huge volatility is witnessed in the Japanese Yen vis-à-vis most of the currency pairs, especially against the Greenback and the Common currency. Volatility may continue till the economic impact of tsunami which leveled northern Japan on March...
The USD/JPY sets its 16-year minimum today.
Huge volatility was witnessed yesterday, especially against the Japanese Yen. The Greenback has weakened by more than 500pips against the Yen during the U.S trade, before finally closing 200 pips lower. EURJPY cross also witnessed huge volatility...
US Dollar remained strong during the Asian trading session and during most of the European trading session but has lost ground during the U.S trading session on the event of late recovery in the key index of...
Greetings. Let’s take a look at the EUR/USD hourly chart. AS you can see, we’ve seen some moves and because the previous high from earlier in March is acting as resistance, look for a potential drop down...
Market review for 7 – 11.03, 2011
