The Dollar continued to drop against the Euro yesterday, mainly due to speculations regarding a possible rescue plan for Greece. As a result, crude oil and precious metal rose as well. However, today at 15:00 GMT Fed...
EUR/USD Open 1.3780 High 1.3835 Low 1.3643 Close 1.3794Euro/Dollar is consolidating this week within the 1.3624 – 1.3835 range, after the huge descend last week. Yesterday the Euro rose to the 1.3835 top, closing the day at...
Market Review – 09/02/2010 22:48GMT Euro rallies on optimism due to possible European bailout for Greece Euro rose sharply against the dollar on speculation that European officials’ meeting on Thursday will agree to assist Greece in tackling...
USD/JPY Open 89.24 High 89.73 Low 89.12 Close 89.23Dollar/Yen is moving still within the well formed downward channel on the 1 hour chart. This week, the currency couple is trading hesitantly, testing the upper limit of the...
Market Notes: After ECB Chief Trichet surprising leaving a central bank conference in Australia early to attend and ECB meeting, the rumors on the forex market imply that the ECB will assist the Greece’s debt situation. The...
ForexPros Daily Analysis February 9, 2010 Fundamental Analysis: Fed Chairman Bernanke Testifies US traders look forward to Ben Bernanke, US Federal Reserve Chairman, who will be testifying in Washington DC, regarding America’s economic outlook and financial markets.His...
Past Sessions • CAD Housing Starts – out at 186K versus expected 180K, prior 176K• GBP BRC Retail Sales Monitor y/y out at -0.7% versus prior 4.2%• GBP RICS House Price Balance out at 32% versus expected...
GBP/USD Open 1.5569 High 1.5669 Low 1.5544 Close 1.5581Pound/Dollar is trading hesitantly this week within the 1.5544 – 1.5669, closing yesterday at 1.5581. On the 1 hour chart the downward channel remains intact for now. The Pound,...
Traders are expecting a slow news day, and as such may experience thin trading conditions and low liquidity. The few reports expected shouldn’t cause too much of a stir, but with thin trading it may result in...
EUR/USD Open 1.3652 High 1.3719 Low 1.3624 Close 1.3647Euro/Dollar traded hesitantly on Monday within the 1.3624 – 1.3719 range, because of economic events absence, closing the day at 1.3647. The currency couple is still on the slippery...
