The British pound had a soft session on Tuesday, breaking below the 1.3450 level. The market looks as if it is ready to continue drifting a little bit lower, but I’m not expecting any type of meltdown....
The EUR/USD pair fell again on Tuesday, as we have broken below the 1.18 level. This is a market that seems to be rather negative, after the German elections showed just how divided the European Union is....
The Australian dollar fell significantly during the session on Tuesday, as the markets continue to look tenuous at best. Remember, the Australian dollars highly correlated to gold, and of course the overall “risk on” attitude in general....
The USD/JPY pair gapped higher at the open on Monday, only to turn around and pullback to fill the gap. The 112 level has offered support, and it looks as if we could see buyers jump back...
The US dollar fell slightly against the Canadian dollar during the Monday trading hours. The market looks likely to continue the volatility that we have seen as of late, and I recognize that the markets are testing...
The GBP/USD pair initially tried to rally during the Monday session, but ran into a bit of resistance near the 1.3575 level. Ultimately, I believe that the market is trying to build up enough momentum to finally...
The EUR/USD pair gapped lower at the open on Monday, but then turned around to fill that gap. We have fallen since then, but continue to find support near the 1.1850 region. A breakdown below there census...
The Australian dollar fell a bit during the day on Monday, but continues to find plenty of noise in this general vicinity. I think that we are going to see a lot of choppiness, and that the...
The USD/JPY pair fell a bit during the session on Friday, but looks to be finding support near the 112 level. Because of this, I believe that the market will continue to find buyers as the Federal...
The US dollar fell against the Canadian dollar initially on Friday but found support as the Canadian CPI numbers came out less than anticipated. This works against the Loonie overall, and therefore we rallied back towards the...
