ForexPros Daily Analysis February 16, 2010 Fundamental Analysis: FOMC Meeting Minutes Traders of the US anticipate the publication of the Federal Open Market Committee (FOMC) Meeting Minutes. They are a detailed record of the committee’s interest rate...
GBP/USD Open 1.5660 High 1.5737 Low 1.5562 Close 1.5658After slight decrease on Monday, Pound/Dollar showed strength and started climbing from the 1.5614 bottom, towards Friday’s top and nearest resistance 1.5737. If that level is successfully penetrated upwards,...
This week began with a relatively quiet trading session; however this calmness is likely to end today. The German ZEW Economic Sentiment and the U.S. Long-Term Purchases reports look to create large volatility in the market today....
EUR/USD Open 1.3596 High 1.3654 Low 1.3582 Close 1.3597Euro/Dollar started the week with low volatility because of the absence of economic events and the US President’s Day, trading within a small range, closing on Monday at 1.3597....
ForexPros Daily Analysis February 15, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders look forward to the publication of the German ZEW Economic Sentiment tomorrow, February 15. The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment...
With a slow news day forecasted for today, the Euro continues to be weighed down by Greece’s deficit worries. Further impacting the hard hit currency is the lack of a concrete plan from the European Central Bank...
The Summit of the European leaders, does not stop Euro’s Avalanche Past sessions · USD Unemployment Claims out at 440K, versus expected 460K and prior 483K· CHF CPI m/m out at -.01% versus expected -0.4%, and prior...
GBP/USD Open 1.5699 High 1.5765 Low 1.5572 Close 1.5703Pound/Dollar remains within the downward channel, formed on the 3 hour chart. On Thursday the Cable dropped down to 1.5562, as expected, where the bearish movement was limited, than...
The U.S Dollar touched a 7-month high against the EUR Thursday after European leaders indicated they will support Greece, but not necessarily deliver direct aid. The greenback added to gains after the U.S. Labor Department said initial...
EUR/USD Open 1.3687 High 1.3800 Low 1.3600 Close 1.3691Euro/Dollar rose on Thursday to 1.3800, recovering the losses from the previous day, influenced from the increasing optimism on the market. From that point the currency couple started a...
