EURUSD: The EUR has been consolidating below the 50 day moving average, after breaking below it, 2 weeks ago. It seemed unable to sustain a close above 1.27 and it could not close above it’s 100 day...
The EUR gained yesterday even as Germany released bad Retail Sales numbers. The gain in value by the Single Currency against the greenback on Wednesday may prove to be a short term move on the belief by...
A poor Manufacturing PMI report from the U.K. on Wednesday was enough to help drive the Sterling slightly lower against the USD. Mixed economic data has been the norm from the U.K. for a while now, but...
The JPY continues to battle within the highest points of its value against the USD as the Bank of Japan expresses its desire to have a weaker currency. The problem for Japan is that it has not...
The USD traded in range against the EUR on Tuesday and managed to gain a bit versus the GBP. Trading remained rather tentative as the U.S. produced a mixed bag of data for investors to study before...
The EUR managed to trade in range against the USD on Tuesday as it found some stability. The EUR has certainly been under a dollar centric shadow the past few weeks as heightened talk about a downturn...
The Sterling moved a bit lower against the USD as Tuesday’s sessions came to an end. While Mortgage Approval beat expectations slightly, the Net Lending To Individuals numbers disappointed investors.
The JPY continues to hover near its highest values and its implication on the Japanese economy continues to spark concerns. While various government officials speak about possible intervention this has hardly scared away investors who seemingly continue...
The USD continued its strong pace against the EUR and GBP on Monday as it moved to the stronger parts of it recent range. Safe haven pressure was the story of the day as Wall Street struggled...
The EUR lost ground to the USD on Monday as traders continued to have their concerns raised about the prospects of a knock on effect should the U.S. economy stumble.
