The Dollar Index is trading in tight range between 77.50 and 76.50 as a result the benchmark equity index of the Dow Industrials traded flat. Though 76.00 ranges are expected to again act important support in medium...
As the rumours around the agreement between France and Germany on increasing the size of EFSF reinforced, the euro strengthened.
The Dollar Index recovered off the European lows during the American trading session on the event of correction/continued fall witnessed in most of the asset classes. Though 76.00 ranges are expected to again act important support in...
Greetings. Let’s take a look at the GBP/USD chart. It seems like the downward momentum is still strong so look for a potential continued push down.
Speculations regarding possible credit rating reduction of France pressure the euro.
GBP/USD had a wild day as the “risk on / risk off” environment continued to plague the markets. The cable is tainted as the British economy is suffering from both high unemployment, and extremely high inflation. Because...
The Dollar Index continued to appreciate throughout the European session but profit booking was witnessed during the American session on the event of the benchmark equity index of the Dow Jones recovering off the gap down opening...
The GBP/USD pair has a bearish day on Monday, as traders reacted to statements about the lack of speed of an upcoming EU solution. This put the “risk on” trade on the back foot for the session,...
Europe may need more time to solve the problem of sovereign debt.
The Dollar Index ended its loosing streak after hitting major support zone of 76.00-76.50 resulting in correction in the benchmark equity index of DJIA. Though 76.00 ranges are expected to again act important support in medium term;...
