The USD lost some ground to the EUR and GBP as rather tentative trading took place across the broad marketplace. Participants seemed content to range trade on Monday as rather lackluster data from the States again was...
The EUR turned in a day of stability as it gained in value against the USD. CPI data from across Europe met expectations head on. Today the German ZEW Economic Sentiment is on the calendar and will...
The Sterling was able to muster support on Monday and picked up some of its lost momentum against the USD. There was little in the way of economic data from the U.K. today, but the CPI figures...
The JPY continued to trade in a strong manner on Monday as it gained against the USD. Asian bourses have reflected their international counterparts and have been largely uninspiring. The strength of the Yen continues to raise...
The USD found a slew of backers as the week ended on risk adverse trading. Investors taking a defensive posture continued to pick up steam as the weekend approached due to rather lackluster Retail Sales.
The EUR continued to decline against the USD as the Single Currency ran into questions concerning any repercussions that could come about from double dip recessions if they were to come about.
The Sterling had a poor week against the USD, but still finds itself within a relatively good value range versus the greenback. The GBP did take a hit as poor economic data from the U.K. sent a...
The JPY range traded going into the weekend as it maintained it rather high values. Early this morning the Japanese GDP reports were released and proved disappointing with a result of 0.1% compared to the estimated gain...
EURUSD: For the first time since the EUR rally began in early June, the EUR has fallen hard through trend line Support. We know that major Resistance sat at 1.30, however, when the EUR fell through trend...
Wednesday proved that risk appetite clearly can be taken off the table quickly. The USD gained versus the EUR and GBP, as its stable performance the past couple of days grew into strong momentum.
