The Sterling maintained an air of stability on Wednesday a day after declining against the USD. Claimant Count numbers were slightly better than anticipated, but the economic outlook for the U.K. remains cloudy and its housing market...
The JPY traded in a consolidated manner on Wednesday as bourses found some stability. The sudden weakness (albeit slight) in the JPY may be positive development for the Japanese export companies, but it will take more than...
Gold Gold penetrated the rising trendline which had been in place since September, signaling a potential trend change. The strong momentum on the way down suggests that selling is likely to continue. Yesterday’s steep decline puts it...
The USD kept up its momentum on Tuesday as it powered ahead against the EUR and continued a positive trend versus the other major currencies. While a host of CPI and PPI data was published in Europe...
AUDNZD The heat is back on, with the AUDZND retesting short-term support after a brief rally last week. The pair has formed a bearish channel, and continues to make lower highs, and lower lows. The last test...
The USD has been able to hold onto its gains made late last week as it has kept the EUR under pressure and shown the ability to have some staying power against the GBP and JPY. Broad...
The EUR has continued to face a reemerging gauntlet of negative sentiment based on debt issues faced by member nations within the European Union. Ireland continues to have fingers pointed at it regarding it banks and debt....
The Sterling has not done poorly the past week taking into consideration the fall that its nearby counterpart, the EUR, has suffered against the USD. While the GBP has lost some value it has maintained some stability...
Both the JPY and AUD have proven ripe for picking the past few sessions. With the renewed strength of the USD sweeping through and the price of commodities finding some downside pressure both the JPY and AUD...
The USD powered ahead on Thursday in markets that saw lighter than normal volume due to holidays being observed in a variety of nations. There was no major data yesterday, but propelling the market were loud whispers...
