The USD/CAD slightly dropped on Thursday despite the severe weakness of the U.S. dollar, where the U.S. dollar dropped against most majors after the Fed confirmed they will continue with the loose monetary policy, nevertheless, falling oil...
The EUR/USD pair continued to hold the gains on Thursday in the aftermath of the feds pledges to keep rates low and continue the loose monetary policy in support of the recovery.
Today, the UK lacks fundamentals which suggest that the pair’s movement will be determined by US data. As of 12:30 GMT, the US will release important data including personal spending and income for March; Chicago purchasing manager...
The Swiss economy will release KOF Swiss leading indicator at 09:30 GMT which is expected to retreat to 2.20 from 2.24, where a drop in the indicator as expected may push the pair up.
The Australian dollar rose sharply for three days in a row against the US dollar, while it strengthened to record a new multi decades versus the greenback at 1.0945 for the first time since it was freely...
The USD/JPY pair headed to the downside after the Fed kept rates steady between zero and 0.25%. The dollar lost ground against the Japanese currency, as the Fed policy makers are not considering a tighter monetary policy,...
The USD/CAD had a tough day today as traders bought in the early hours, only to sell it off again after the Federal Reserve meeting and news conference. The pair is decidedly bearish, and this was demonstrated...
The USD/CHF pair had a bizarre day today, first shooting higher – only to fall again. While this only proves the inherent weakness in this pair, trading this pair on the short-term charts was probably a very...
The AUD/USD pair skyrocketed again today as the gold markets were very bullish. The Aussie benefitted from the massive buying the gold markets saw in the afternoon as the Fed decided to continue with QE2. The pair...
The USD/JPY gained massively today, as the markets took off around the world. It should be noted that this pair is the weakest of all of the XXX/JPY pairs, as the USD is so weak at the...