4th August, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | August 4, 2011 7:41 am
The US Dollar traded mixed wherein it has depreciated against the Euro and the Cable but has appreciated against the Swiss Franc, the Aussie Dollar and the Japanese Yen. Fierce intervention was seen by the BoJ to...

3rd August, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | August 3, 2011 7:23 am
Last minute deal has been struck to increase the US borrowings by President Obama, but the street seems to be more concerned about the weakening of the US economy which resulted in sell off for the straight...

2nd August, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | August 2, 2011 6:42 am
The US Dollar strengthens across the board especially against the Euro and the Cable; the Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges; despite the...

1st August, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | August 1, 2011 6:07 am
The Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges. The US Dollar is trading mixed after President Obama announced a last minute deal to increase...

29th July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 29, 2011 5:01 am
The Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges. Key equity index of the Dow Jones Industrials (DJIA) is trading near important support of 12300;...

28th July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 28, 2011 5:28 am
The US Dollar bounces back after depreciating for 4-5 trading sessions after the Dollar Index (DXU11) hit critical support of 73.40 ranges. Key equity index of the Dow Jones Industrials (DJIA) is trading near important support of...

27th July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 27, 2011 6:00 am
The Greenback depreciated for the second week amidst possible credit default by the US; there is a possibility that the credit rating of the world’s largest economy may be degraded from current AAA+ rating. It seems the...

26th July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 26, 2011 5:41 am
The Greenback traded flat amidst profit taking in the Dow Jones Industrials, historic correlation between DJIA Vs DX suggests the major trend is still bearish in the Dollar Index though short covering can be expected; only weekly...

25th July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 25, 2011 6:03 am
The USD traded flat against most of the majors, historic correlation between DJIA Vs DX suggests the major trend is still bearish in the Dollar Index though short covering can be expected; only weekly close above 76.70...

22nd July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 22, 2011 9:12 am
The USD depreciated for the second trading session against the Euro, the Cable and the Aussie Dollar whereas traded flat against the Japanese Yen and the Swiss Franc. It seems that the all the eyes are Euro...