Market Review – 06/10/2010 22:17 GMTDollar sinks against yen and euro on U.S. easing speculationThe greenback tumbled to a fresh 15-year low against the Japanese yen and a new 8-month low against euro on Wednesday, as weak...
According to wave count this currency pair is developing corrective wave to the upmove 0.9462-0.9749. In caset 0.9749 is broken to the upside we’ll have wave C of the same degree developing (daily – colored royal blue)....
Risk appetites are back. Asian and European trading sessions: Euro: On Tuesday the EUR/USD rate managed to grow and reach its trading session maximums at the level of $1.3792. The release of the strong European statistics supported...
ForexPros Daily News October 6, 2010 Forex – GBP/USD hits fresh 2-month high as dollar slumps Forex Pros – The pound edged higher against the U.S. dollar on Wednesday, rising to a fresh 2-month high as concerns...
Tuesday in many respects was a replay of the previous session as the USD continued to remain under pressure against the EUR and GBP. The JPY in the meantime also continued its steady pace and stayed at...
The EUR gained against the USD again and it did so even as the broad Retail Sales for the continent turned in a result of minus -0.4%, falling short of the anticipated gain of 0.2%. Today the...
Both the JPY and AUD continue to create fireworks as they trade near highs. The JPY has stubbornly clung to the highest parts of its long standing range (discounting the temporary move that the BoJ caused with...
Today’s non-farm data from Automatic Data Processing Inc. (ADP) should give traders a glance into a sizeable portion of Friday’s Non-Farm Payrolls release, since it will be measuring the private sector of the US economy. Expectations are...
Market Review – 05/10/2010 23:04 GMTEuro rallies to a eight-month high against dollar amid Fed easing speculationThe single currency surged to an 8-month high against dollar on Tuesday, as the quantitative easing from BOJ fueled the speculation...
GBP/JPY rolls back after it breached the support level of 131.71. However, the viewpoint is bearish as GBP/JPY is traded in downtrend. Earlier on a 4-hour chart, GBP/JPY has formed the combination of candlesticks Bearish Engulfing, thus...
