The Dollar Index (DXU11) depreciates for the straight second trading session on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). Most of the depreciation was contributed by the Euro,...
Expectations for the Greek parliament decision.
Stocks rallied today on positive news behind Greek’s debt restructuring, with a proposed plan where the banks would roll over half of the money received from Greek debt to new 30yr bonds. Ultimately, we are stuck in...
The Dollar Index (DXU11) depreciates after appreciating four consecutive sessions on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). Most of the depreciation was contributed by the Euro, other...
As a result of the previous trading week, US dollar demonstrated a winning position. Nevertheless, a first few days were negative for the greenback.
All currency pairs against the USD will be sensitive to manufacturing data in the coming week, as well as to developments coming out of Europe as the quarter ending June 30 comes to a close. Two out...
The USD Dollar appreciates for the consecutive fourth day DXU11 found support at 75.00 ranges; short covering was witnessed in the US Dollar across the board especially against the Euro, the Cable and the Aussie Dollar on...
GBPUSD’s downward move extended to as low as 1.5938. The pair is now facing 1.5936 key support, a breakdown below this level will indicate that the long term uptrend from 1.4230 (2010 low) had completed at 1.6745...
U.S. stocks pared steep losses Thursday buoyed by a report that Greece had reached an austerity plan with European authorities. The Dow Jones Industrial Average fell 59.67 points to close at 12,050.00, after touching an intraday low...
The USD Dollar appreciates for the second consecutive day though most of the other major FX majors especially the Euro and the Aussie Dollar recovered by the end of New York trade due to bargain buying witnessed...
