The sterling and the euro have reached important highs against the greenback. Asian and European trading sessions: Euro: The EUR/USD pair has breached the psychologically significant 1.40 mark. According to the expectations, the ECB left the principal...
On 4-hour graph the AUD/USD has successfully broken through the resistance level of 0.9850 reaching the new historical maximum at 0.9917 moving down slightly afterwards. Nevertheless, the analysts of large banks recommend buying the Australian dollar in...
The major currencies continued to have slash and burn trading ranges across the landscape. The USD traded at lows against the EUR and GBP before showing some ability to bounce back, but traders must continue to be...
GBP/USD: The pair finally crossed the resistance 1.5896 upwards after 4 days of anemic candles. However the resistance was crossed back downwards a few hours later. AUD/USD: During the last session, the pair crossed a critical weekly...
Yesterday’s trading was filled with exciting developments; the dollar ended a bearish run against the euro and the British pound on one hand, and reached a 15-year low against the Japanese yen on the other hand. In...
Unexpectedly low ADP employment affects the market. Asian and European trading session: Euro: The EUR/USD pair reached the 8-months maximum at the $1,3880 mark. US Dollar: On Wednesday the US dollar was still trading at the 8-months...
ForexPros Daily News October 7, 2010 Forex – USD/JPY tumbles to new 15-year low as intervention sidelined Forex Pros – The U.S. dollar tumbled to a fresh 15-year low against the yen on Thursday, as the threat...
Highlights GBP/USD On the short term, the pair still doesn’t follow any direction or trend. The resistance 1.5896 seems to be very strong and the currency succeeds only in testing the resistance without breaking it. Those two...
The USD continued its decline on Wednesday against many of the major currencies as the broad markets exhibited nervousness – this as equities turned in mixed results and gold once again climbed to new highs.
The US dollar was weaker again as high yielding currencies performed well. The euro was up sharply versus the dollar and global bourses were higher following yesterday’s strong trading session in the Dow.
