The Dollar Index lost more than 50 points despite lackluster trading witnessed in most of the asset classes. The Greenback lost most against the Common currency and the Swiss Franc followed by the Cable. Currently the short...
The US Dollar could trade flat despite profit taking witnessed in most of the asset classes, especially in the benchmark equity index of Dow Jones Industrials Average (.DJIA). The Dollar Index is currently trading flat at 80.10...
The US Dollar traded depreciated across the board on the event of profit taking witnessed in most of the asset classes, especially in the benchmark equity index of the Dow Jones Industrials (DJIA).
Market review for 08.10.12: Although, many markets were closed today, there were some movers and actions. Asian and European trading sessions:
The US Dollar traded flat against most of the FX majors except against the Cable wherein the Pound has lost by more than 100 pips yesterday. The benchmark equity index (.DJIA) is currently trading flat at 13594...
With most of the asset classes, especially the equities correcting, the Dollar Index appreciated of the European lows during the American session. The Greenback gained most against the Cable followed by the Aussie.
USDCHF may be forming a cycle top at 0.9437 on daily chart. Initial support is at 0.9239, a breakdown below this level could signal resumption of the downtrend from 0.9971, then further decline to 0.9000 area could...
The Dollar Index (DX) started depreciating again after couple of days of consolidation on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (DJIA) trading strong.
The Greenback traded mixed against the major pairs, wherein it continued appreciating against the Cable and the Aussie; it traded flat against the Common currency and the Swiss Franc.
The Dollar traded flat against the major pairs of the Euro and the Cable but has appreciated by more than 100 pips against the Aussie on the event of profit taking witnessed on most of the asset...
