The U.S Dollar is trading mixed, where as the Greenback is showing resilience against the Cable, the Aussie Dollar and the Common Currency are still trading weaker.The Dollar Index (DXM11) has reached major resistance zone of 76.50;...
Greenback is strengthening against all competitors.
The Dollar Index (DXM11) reached major resistance zone of 76.50; Weekly close above 76.50 would post short-term bottom. On the lower side, 74.40 is expected to act as critical support for Dollar Index (DXM11), only weekly close...
Market review for 16 – 20. 05, 2011
Global investors, coming off their third week of losses, will look to home sales, GDP and handful of earnings in the coming week for clarity on whether the economy and stocks are in for a rougher ride.Currency...
The Greenback strengthens across the board; U.S Dollar gained most against the Euro where as remained flat against the Aussie Dollar and the Cable; 74.40 is expected to act as critical support for Dollar Index (DXM11), only...
GBPUSD’s downward movement from 1.6745 extended to as low as 1.6105. Deeper decline towards 1.5936 support could be seen next week, as long as this level holds, the price action from 1.6745 is treated as consolidation of...
U.S. stocks ended with mild gains Thursday, putting two major indexes in positive territory for the week, as sentiment improved on the heels of a lower claims for jobless benefits and decent quarterly results in the retail...
The U.S Dollar looses against the Euro for third consecutive day; unable to trade beyond 76.50 the Dollar Index (DX) June basis, succumbed to profit taking at 76.10 ranges to trade currently at 75.23; 74.40 is expected...
British pound loses more than 100 points today.
