Risk still under pressure following weak US data, weak Wall St. Month-end volatility in Asia sees EURUSD touch new cycle lows MAJOR HEADLINES – PREVIOUS SESSION US Dec. Chicago Fed Activity Index out at -0.61 vs. -0.4...
The U.S. dollar rose on Thursday to a 6-month high against the EUR as investors around the globe signaled approval of the Federal Reserve’s more upbeat outlook for the U.S. economy. The U.S. currency continues to rally...
Market Review – 28/01/2010 21:23 All times in GMT Dollar hits a 6-1/2-month high vs euro; yen gains The euro declined to the lowest level against the dollar and yen in more than six months as Greece’s...
USD/JPY Open 89.97 High 90.54 Low 89.14 Close 89.96The strong Dollar led the currency couple upwards on Wednesday, towards the important 90.54 resistance and upper limit of the bearish channel, where the bullish momentum was limited. Further...
Update Time: 28 Jan 2010 00:55GMT DAILY USD/JPY OUTLOOK – +90.20+ Y’day’s anticipated rebound fm 89.14 strongly suggests dlr’s recent decline fm 93.78 has made atemporary low n abv 90.09 wud confirm this nr termbullish view, yield...
Market Notes: Obama’s speech “to combat unemployment” had a positive effect on a risk appetite- we can see it in an AUD and NZD strengthening.USD has weakened on a disappointing home sales data.EUR/USD has dropped below 1.40...
ForexPros Daily Analysis January 28, 2010 Fundamental Analysis: US GDP (QoQ)P Traders anticipate the publication of the the Gross Domestic Product measure tomorrow (January 29). The GDP is the broadest measure of economic activity and is a...
GBP/USD Open 1.6175 High 1.6276 Low 1.6100 Close 1.6168The Cable managed to hold its gains on Wednesday despite the strong Dollar against other currencies. Pound/Dollar climbed to the 1.6240 top, forming new resistance level there, and closing...
Risk makes a comeback after the State of the Union address MAJOR HEADLINES – PREVIOUS SESSION US Dec. New Home Sales out at -7.6% m/m vs. +3.0% expected and -9.3% prior GE Jan. CPI out at -0.6%...
EUR/USD Open 1.4028 High 1.4095 Low 1.3958 Close 1.4022Euro/Dollar traded hesitantly and within narrow range on Wednesday, closing the day at 1.4022. The upper level of the downward channel and top level level from Monday at 1.4190...
