EUR/USD Open 1.3617 High 1.3654 Low 1.3442 Close 1.3612The upper limit of the descending channel on the 3 hour chart is still holding the Euro/Dollar from breaking up at the 1.3665 resistance on Monday. On Tuesday the...
GBP/USD – 1.5062..http://www.acetraderfx.com Sterling is the stronger ccy vs euro today as price jumped ahead of Asian opening on active buying by many big players, some covered their recent shorts n some (st specs) on triggering stops abv...
Market Review – 02/03/2010 22:50GMT Euro rebounds from 10-Month low as Greece to set new deficit cuts The single currency rebounded strongly from a 9-1/2-month low against the dollar on Tuesday as investors awaited new plans to...
ForexPros Daily Analysis March 2, 2010 Fundamental Analysis: ADP Nonfarm Employment Change Traders of the US anticipate the publication of the ADP National Employment Report tomorrow March 2. The report measures the monthly change of nonfarm private...
USD/JPY Open 89.21 High 89.45 Low 88.75 Close 89.12Dollar/Yen rose on Monday after the decreasing data of unemployment rates to very low level came out. The currency couple climbed from 88.75 up to 89.45, closing the day...
Market Notes: Reserve Bank of Australia hikes policy rate 0.25 point to 4% as expected. Yesterday’s strong GDP numbers gave the CAD a lift but markets will be watching the BOC‘s public speaking, bearing in mind currency...
British Pound Plunges to new 10 month low Past events: • USD ISM Manufacturing PMI out at 56.5 versus expected 57.7, prior 58.4• GBP British Manufacturing PMI out at 56.6, versus expected 56.3, prior 56.6• EUR unemployment...
GBP/USD Open 1.4972 High 1.5233 Low 1.4777 Close 1.4987Pound/Dollar sank on Monday with around 450 pips after polls showed hung parliament and investors sold huge. The Cable dropped from 1.5233 down to 1.4777 yesterday, closing the day...
The U.S. Dollar and Yen firmed against most major counterparts on Monday as investors trimmed stretched risk positions in higher-yielding currencies. The safe heaven currencies were bolstered by continuing investor concerns over mounting fiscal problems in Euro-zone...
EUR/USD Open 1.3557 High 1.3665 Low 1.3470 Close 1.3561Euro/Dollar started this week with a decrease from the upper limit of the descending channel on the 1 hour chart at 1.3665, to 1.3470, closing the day at 1.3561.Our...