ForexPros Daily Analysis February 25, 2010 Fundamental Analysis: Existing Home Sales Traders of the US anticipate the publication of the Existing Home Sales report. It measures the annualized number of existing residential buildings that were sold during...
Past events: • USD New Home Sales out at 309K, versus expected 354K, prior 348K• EUR Industrial New order m/m out at 0.8% versus expected -1.1%, prior 2.7%• AUD Private Capital Expenditure q/q out 5.5% versus expected...
GBP/USD Open 1.5417 High 1.5474 Low 1.5308 Close 1.5408Pound/Dollar traded hesitantly on Wednesday within the narrow 1.5386 – 1.5470 range, closing the day at 1.5408. On the 1 and 3 hour chart the Sterling continues to show...
The U.S. Unemployment Claims is the primary publication today that is set to determine the level of the USD when it is released at 13:30 GMT. The other main releases that are set to dominate forex trading,...
EUR/USD Open 1.3543 High 1.3621 Low 1.3451 Close 1.3540Our preferable scenario for the Euro/Dollar for now is bearish, as strikes in Europe continue, and investors’ mood for the fundamental situation in Europe remain negative. On the 3...
Market Review – 24/02/2010 22:49GMT Greenback falls on Bernanke’s dovish comments and poor U.S. housing data Although the greenback against the Japanese yen briefly rose to an intra-day high at 90.36 at European opening after trading sideways...
Gbp/usd – 1.5412 … Despite early rebound to 1.5476 in tandem with euro, the British pound fell to 1.5405 in European session on active cross selling in sterling especially versus euro (eur/gbp rebounded fm 0.8750 to 0.8794)....
ForexPros Daily Analysis February 24, 2010 Free webinar on ForexPros – Mapping Out the Banking System & Foreign Exchange Dealing Process, Part II. Expert: Dan CookWhen: Today, Feb 24, 2010, 11:00 EST In the second installment of...
GBP/USD Open 1.5443 High 1.5571 Low 1.5395 Close 1.5422Pound/Dollar climbed on Tuesday to the 1.5571 top, from where the main decreasing trend continued down to 1.5395, closing the day at 1.5422. Although the bearish channel on the...
Past Events: • USD Consumer Confidence out at 46.0, versus expected 55.0, prior 56.5• USD S&P/CS Composite -20HPI y/y out at -3.1%, versus expected -3.0% and -5.3%• EUR German Ifo Business Climate out at 95.2, versus expected...
