The JPY and USD traded in a consolidated motion as some of the risk adverse fervor lessened and the Asian bourses actually turned in slight gains on their own going into the European trading session on Tuesday....
A wave of safe haven trading hit the broad markets on Friday and within its torrent the USD gained swiftly against the EUR and GBP. Wall Street found itself sharply lower too. Cautious trading turned into a...
A new act in the theater of the absurd for the EUR erupted on Friday when Hungarian officials publically said that they might have a difficult task meeting debt obligations. Hungary does not use the EUR but...
The Sterling found itself under the dark shadows of a EUR centric downturn on Friday. While the GBP did not lose quite the same percentage that the EUR lost to the USD, the Sterling nonetheless was under...
The JPY got stronger against the USD as risk adverse trading took hold of investors. Asian bourses traded significantly lower reflecting the declines of other international equity markets. The JPY and USD are clearly favorites among safe...
EURUSD: We discussed the EUR on Friday and mentioned that Support and Resistance traders would be looking for an opportunity to go long if there was a bounce off Support. An entry did not materialize but if...
The USD powered higher against the EUR and GBP on Thursday. Continuing its strong trend, the USD moved to four year high water marks against the EUR. Even as data from the U.S. yesterday proved rather lackluster,...
The EUR struggled to the weakest part of it range against the USD as the Single Currency was once again hit by negative news and poor data from Europe. The broad Retails Sales for the continent turned...
Consolidation greeted the Sterling on Thursday as it finished the day largely where it started as investors showed that they are quite tentative going into today’s jobless report from the States. The U.K. published the Services PMI...
The JPY finds itself at the weaker part of its strong range against the USD. The Yen did manage to range trade yesterday after two losing sessions and investors will go into today’s trading session looking at...
