Dollar extended its loss against euro and settled at 1.3828 yesterday after making days low of 1.3843. US stocks and Dow Jones advanced yesterday after ISM manufacturing Index beat estimate. Dow Jones Industrial Average made new high...
Instability in Egypt influences the market. Asian and European trading sessions:
GBPUSD’s rise from 1.5344 could possibly be resumption of long term uptrend from 1.4230, and the fall from 1.6058 is likely consolidation of uptrend. Another rise towards 1.6298 is still possible next week. Support is at 1.5750,...
FOMC meeting decision. Asian and European trading sessions:
Risk appetite is suppressed. Asian and European trading sessions: Euro: On Tuesday the EUR/USD pair traded at the $1,3690 level during the Asian trading session. Minimums were reached at the $1.3578 mark. British Pound: Today the sterling...
Collapse of the political coalition of Ireland supported the greenback. Asian and European trading sessions:
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GBPUSD broke above 1.5910 key resistance and reached as high as 1.6058 level. Now the rise from 1.5344 could possibly be resumption of long term uptrend from 1.4230 (May 20, 2010 low). Further rise towards 1.6298 previous...
The greenback weakness pushed euro higher. Asian and European trading sessions:
Strong Euro-zone fundamentals supported the euro. Asian and European trading sessions: