Author: gfmresearch.com

The Dollar Index is trading flat at 79.42 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges.

The Dollar Index is trading firm at 79.38 after finding support at 78.70 ranges; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems...

The Dollar Index is currently trading at critical support of 78.70-78.20; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems to be over...

After the Fed chairman, Mr,Bernanke announced buying MBS and other assets to boost the job market, the Dollar stumbled to the month’s lows to currently trade at 79.02. DX seems to be heading towards the historic support...

The US Dollar slipped across the board though with lesser momentum; with all eyes on the Fed policy today, the most of the major pairs are trading flat. Further direction may be established during American session.

The US Dollar continues to slip across the board; after the Dollar Index closed below 81.00 ranges it continued to slide to currently trade at 79.80 ranges; 78.20-78.90 is now the watch out support.

The Dollar Index at the historic support of 80.00, though 81.20-82.00 would act as major resistance. The benchmark equity index of the Dow Industrials (.DJIA) is currently trading firm at 13200 ranges after hitting intermediate resistance of...

The Dollar Index has closed below the critical support of 81.00 to currently trade at 80.30 on the event of the ECB decision to go unlimited bond buying to tackle the Euro zone debt crisis. Weaker the...

The Dollar Index is currently trading flat at the critical support of 81.00 after the Greenback depreciated yesterday across the board especially against the Aussie. The short-term trend is still range bound between 81.00 and 82.10 with...

The Dollar Index is currently trading flat at the critical support of 81.00; most of the FX pairs are trading flat since the Asian session with focus shifting to the ECB interest rate decision and its policies.