The U.S. Dollar briefly stayed higher versus the EUR on Monday and near an 8-month high versus other major currencies as traders await Fed Chairman Ben Bernanke’s testimony on Wednesday and Thursday that would set the tone...
Dollar falls against yen on U.S. rates outlook-22/02/2010 22:47GMT Versus the Japanese yen, the greenback rebounded to an intra-day high of 91.90 after Friday’s decline on the support from huge Japanese Investment trust (‘Toushin’) demand (250 billion...
USD/JPY Open 91.64 High 92.09 Low 90.16 Close 91.46After rising for 2 weeks starting on 4 February, Dollar/Yen traded quietly on Friday, closing the week at 91.46. As there ate no economic major events for Japan and...
ForexPros Daily Analysis February 22, 2010 Fundamental Analysis: German Ifo Business Climate Index European traders look forward to the publication of the German Ifo Business Climate Index. The German Information and Foschung (Ifo) Business Climate Index determines...
GBP/USD Open 1.5461 High 1.5817 Low 1.5370 Close 1.5466Pound/Dollar tried to continue decreasing on Friday down to 1.5356, from where the currency couple bounced up, closing the week at 1.5466. On the 3 hour chart we still...
Market Notes: Economists warned that Britain’s public finances may end this year in a worse state than those of Greece, raising serious fears over the economic stability of the country.
The Fed Hikes discount rates by 0.25% to 0.75% Past events: • USD Core CPI m/m out at -0.1%, versus expected 0.2%, prior 0.1%• USD CPI m/m out at 0.2%, versus expected 0.3%, prior 0.1%• CAD Core...
Last week’s trading was mostly characterized by the sharp change of trends in the market. The most notable trend reversal was of the Euro, which dropped during the beginning of the week, just to bounce back later...
EUR/USD Open 1.3626 High 1.3645 Low 1.3449 Close 1.3607Euro/Dollar continued decreasing after the FED hiked interest rates down to 0.75% last week. On Friday the currency dropped to 1.3456 bottom on the GDP data, from where is...
GBP/USD – 1.5480.. The British pound is enjoying a period of respite after Friday’s selloff to 1.5345 n intra-day rise in euro helped pushing price to 1.5490 in Australia but sellers emerged n knocked cable briefly to...
