USD – Poor ADP Number Scares Wall Street

by bforex.com | July 1, 2010 8:01 am
The USD traded to the stronger side of its range against both the EUR and GBP in another day of caution throughout the global marketplace. Wall Street finished the day in negative territory and its recent spate...

EUR – Risk Sentiment Weighing On EUR

by bforex.com | July 1, 2010 8:00 am
The EUR continued sputter on Wednesday as it traded to the lower part of its range versus the USD. The Single Currency however continues to hold itself above the lowest realms of its recent downward slope and...

GBP – Sterling Struggling The Past Two Sessions

by bforex.com | July 1, 2010 7:59 am
The Sterling traded lower on Wednesday as it was not able to hold onto its gains made over the previous trading sessions. The GBP now finds itself in a position that will test the fortitude of those...

JPY – Stronger Yen As Bourses Get Hammered

by bforex.com | July 1, 2010 7:58 am
The JPY has continued to gain against the USD and the Yen now finds itself in the stronger parts of its range versus the major currencies. Japanese export companies will certainly not be happy with the value...

USD – Wall Street Continues Its Decline

by bforex.com | June 30, 2010 7:58 am
The USD gained versus the EUR Tuesday as doubts continued to mount regarding the European Union’s ability to cope with their economic crisis. The fallout from the EUR centric negative sentiment and the added ‘fire’ thrown onto...

EUR – Liquidity And Growth Concerns Hit Europe

by bforex.com | June 30, 2010 7:57 am
The EUR essentially woke up on Tuesday morning and fell out of bed. The stability that the Single Currency has enjoyed the past couple of weeks has disappeared this week as caution has once again turned into...

GBP – Delay In The Final GDP Numbers

by bforex.com | June 30, 2010 7:56 am
The GBP range traded on Tuesday as concerns regarding the EUR centric story shadowed the Sterling enough to create a headwind. Final Mortgage Approvals from the U.K. came in slightly under their estimate with an outcome of...

JPY – Yen Powers Higher Versus the USD & EUR

by bforex.com | June 30, 2010 7:55 am
The JPY continued to pick up momentum on Tuesday as risk adverse trading in Asian bourses mimicked their global counterparts and spiraled lower. The JPY finds itself in the stronger realms of its value versus the USD...

Price Action of FX Majors

by bforex.com | June 30, 2010 7:41 am
EUR/USD On the Daily Chart, we seem to have run out of steam on the upward climb from June 6th thru June 20th. As we corrected down from the June 20th HI at 1.2470, price has now...

USD – Wait & See Game For Investors

by bforex.com | June 29, 2010 10:03 am
The USD gained on the EUR on Monday as trading sentiment in the currencies showed divergence, this because the GBP continued to perform relatively well against the greenback. Wall Street turned in another flat performance as investors...