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 USD/JPY pair fell during most of the session on Monday, but bounced off of the 78 handle before was all said and done. Monday would’ve had low-volume in the United States during the Columbus Day celebrations,...
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...
USD/JPY had a wild session during the Friday trading day after the nonfarm payroll numbers. This is typical for a nonfarm payroll Friday, and as such it really shouldn’t come as much of a surprise.
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.
USDJPY is facing the downward trend line resistance again, a clear break above the trend line will indicate that the downward movement from 80.61 has completed at 77.14 already, then further rise to 80.00 area could be...
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.
USD/JPY had another bullish session on Thursday as the US dollar managed to eke out some gains against the Japanese yen. The general attitude of the session was “risk on”, and as such this pair rose.
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.
