The USD depreciated homogeneously against most of the majors, though it has traded flat against the Japanese Yen and the Aussie Dollar. It seems that the all the eyes are Euro Zone debt crisis and the US...
The pair is still in a consolidation mode since last week and the break below the critical level at 80,00. A break below 78,50 (last week low) would accelerate decline.
The USD/JPY had another quiet trading session on Tuesday as traders are largely abandoning this pair. The threat of the central banks intervening certainly makes this a dangerous pair to short, but at the same time –...
The USD mixed wherein it has traded flat against the Euro and the Cable and lost ground against the Aussie Dollar where as the Swiss Franc posted gains against the Greenback. It seems that the all the...
After a confirmed break below critical level at 80,00 from last week, the pair has been trading flat for a few days now.
Concerns and expectations for the European Summit. Asian and European trading session: Euro: Euro started the week by showing losses against major currencies on concerns about the fact that European leaders were unable to agree on measures...
Quite trading session was witnessed in the FX market where in the USD remained flat by the end of New York close. It seems that the all the eyes are Euro Zone debt crisis and the US...
The USD/JPY had a fairly quiet day on Monday as traders sold risk, but did not get involved in this pair. The prevailing consensus is that the central banks are obviously watching this pair intently, and as...
After a confirmed break below critical level at 80,00 from last week, the pair has been trading flat for a few days now.
New wave of concerns over the possible debt crises of Italy and Ireland overwhelmed the market
