The Sterling like the EUR had another day of gains against the USD and this took place as inflationary data came out close to their estimates. The U.K. will publish its Unemployment Rate and Claimant Count Change...
The JPY lost a touch of additional ground to the USD on Tuesday as Asian bourses once again mirrored their global counterparts. Investors have pushed the JPY to losses the past few sessions and this has clearly...
Every trader has a system that works for them. Some require more patience than others while other require a quicker reaction time. Some systems work best during ranging times while other work best during trending times.
A mixed day of trading greeted investors entering Monday’s broad markets. The USD traded to the weaker side of its range against the EUR and GBP, but still maintained its better values achieved over the past month....
The EUR continued to trade firm on Monday and this came as Sovereign Debt related news did make its way into the public domain. Spanish bond yields did increase yesterday on rumors that the Spanish government would...
The Sterling had another day of rather good trading as it gained against the USD. The RICS House Price Balance figures turned in a better than estimated figure of 22% compared to the forecast of 16%. Today...
The JPY gained on the USD in what has become a time honored risk adverse trade. Meaning that as the Asian bourses moved in a weary manner due to mixed results coming from other international equities, the...
USDCAD: This continues to be an interesting pair to watch as many technicians believe the price action on the CAD will be a leading indicator for the rest of the G-7. Here are the Support & Resistance...
The USD essentially traded in range on Friday as the currencies moved in a rather tentative manner. The U.S. released its Retail Sales statistics and the outcome was negative. A result of minus -1.1 was produced by...
The EUR has enjoyed a few trading sessions with relative stability and on Friday it was able to hold onto its gains against the USD. The Single Currency still finds itself at the lower depths of its...