The US Dollar Index flat due to stabile trading witnessed in most of the equity bourses across the world. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index (DX) and the...
The US Dollar Index appreciates on the event of sell of seen in the equity bourses across the world. The Dollar Index is heading towards the support of 73.40-74.00 ranges; historic correlation between the Dollar Index (DX)...
The pair finally broke below 1,62 yesterday to reach 1,6110 near the daily 200 moving average. Considering this breakout, the pressure is now on the downside.
Demand for save-heaven currencies remains high.
The GBP/USD pair had an absolutely wild day on Tuesday as trader pushed and pulled the pair, only to end the day unchanged. The recent price action suggests that the cable is happiest between 1.65 and 1.62,...
The US Dollar fell on the event of most of the asset classes finding stability at the lower ranges; most of the equity bourses find support at the week lows. The Dollar Index is heading towards the...
The pair has been under intense pressure yesterday testing and bouncing on 1,62 corresponding to the bottom of an intraday descending channel.
S&P downgrades the US credit rating.
GBP/USD fell hard on Monday as the “risk off” trade came into vogue again as a result of the US downgrade. The pair was near the top of the recent consolidation area, in the form of the...
The US Dollar traded mixed amidst huge sell in most of the asset classes especially in the equities across the world; the Dow has lost about 1000 points during the week. Equities across the world sold off...