The Dollar Index is expected to trade sideways with 78.20 acting as key support and 79.90 acting as key resistance. Dow Industrials entering supply zone of previous year highs of 12900 ranges, which may result in the...
Market review for 30.01 – 3.02, 2012
The Dollar Index is finding support the short-term support of 78.20 on the event of the key equity index of the Dow Industrials reaching supply zone of previous year highs of 12900 ranges. DXH2 may trade sideways...
The USD/JPY pair rose for the Friday session as the Non-Farm Payroll numbers came out better than expected. The pair is being lifted by the Bank of Japan, and at the levels that we started the day...
USDJPY continued its sideways movement in a range between 75.57 and 79.52. Lengthier consolidation in the range is still possible in a couple of weeks, and another rise towards 79.52 would likely be seen before breaking below...
USD/JPY fell again on Thursday as traders prepare for the Non-Farm Payroll number today. The market almost always will react in violent moves to this announcement, and this pair is no different.
USD/JPY fell again on Wednesday as traders continue to press their luck against the Bank of Japan and its desire to keep this cross rate higher. The resulting bounce in the late hours of the session saw...
The US Dollar continues its loosing streak on the event of stronger asset classes especially the benchmark equity index of the Dow Jones Industrials (.DJIA); now that the Dollar Index is trading near short-term support of 78.20,...
The unemployment in the EU reached the record level of 10.4%.
USD/JPY fell again on Tuesday as traders continue to test the patience of the Bank of Japan. The finance minister did have a few words about the rate of the Yen last night, but as of yet...
