With the Dow Jones Industrials (.DJIA) unable to sustain above 13000 mark, the Dollar Index may trade sideways between 78.60 and 79.85. Though the major trend of the Greenback is bearish, it may trade sideways some time.The...
The market reacted positively on the decision of providing assistance to Greece. Market review for 21.02.12: The market reacted positively on the decision of providing assistance to Greece.
The USD/CHF continued to bump along the 0.91 to 0.90 support area on Tuesday as the European situation continues to plague the attitude of the markets. The Swiss are going to be heavily exposed to the European...
With the Dow Jones Industrials (.DJIA) unable to sustain above 13000 mark, the Dollar Index may trade sideways between 78.60 and 79.85. Though the major trend of the Greenback is bearish, it may trade sideways for couple...
The Dollar Index resumes bearish trend after hitting short-term resistance of 80.20 to currently trade at 79.00; daily close below 78.30 may drag the Greenback further lower. The benchmark equity index of the Dow Jones Industrials is...
Market review for 13 – 17.02, 2012
USD/CHF fell for most of the session as the Franc gained a bit in general during the European and Asian sessions. The 0.91 level is just below, and the support showed up in the form of a...
USDCHF remains in downtrend from 0.9594, the rise from 0.9088 is likely consolidation of the downtrend. One more fall towards the lower line of the price channel on daily chart would likely be seen after consolidation. Resistance...
USD/CHF fell during the Thursday session as the markets reversed course when it was announced the ECB could be swapping their shorter term debt bought in Greece for longer dated ones. The move hasn’t been confirmed yet,...
The Euro zone’s GDP contracted by 0.3% in a 4Q.
