The EUR moved within steady territory on Monday as it gave up a trace of its previous gains against the USD. The European Sentix Investor Confidence reading was released yesterday and produced a better result, but its...
The Sterling was taken lower on Monday on the back of a disappointing round of data. The BRCS Retail Sales Monitor produced a weaker reading than the previous month with a gain of only 0.5% compared to...
The JPY remained at the higher levels of its range against the USD on Monday and late last night (European time) the Bank of Japan once again showed that it refuses to take significant action.
GOLD: Just a week and half ago Gold look poised to test the 200 day moving average. However, after 8 straight sessions in the black, Gold retook the 100 day MA and has now tested the 50...
The USD lost ground to the EUR again on Friday as the jobless data from the U.S. showed that not all is well with the American economy.
European releases on Friday were light and today only the Sentix Investor Confidence reading will be released for the continent.
The Sterling has continued to maintain its gains made the past few weeks and is giving traders an opportunity to test its strong range.
The JPY finds itself at nearly fifteen year highs against the USD as traders continue to flock into the Japanese currency.
OIL: After struggling for nearly two months to break above Resistance at 79 and break free of the 100 day MA, Oil seems to be under some downwards pressure once again. On the lower half of the...
The USD remained in a faithful range on Thursday setting the path for the always important Non Farm Employment Change numbers today. Trading across the board yesterday proved to be cautious.
