Following signals from the U.S. Federal Reserve that American interest rates may be increased sooner then expected, the U.S. Dollar got a significant boost in trading last night and in the early morning today. Today, a full...
Market Review – 27/01/2010 21:25 All times in GMT Dollar climbs to a six-month high versus euro on Fed’s statement The greenback rose on Wednesday to a six-month high against the single currency and strengthened versus the...
USD/JPY Open 89.63 High 90.54 Low 89.14 Close 89.67Dollar/Yen climbed to the 90.54 top, from where the main descending movement continued down to 89.39, closing the day at 89.67. The above top is the upper limit of...
ForexPros Daily Analysis January 27, 2010 Fundamental Analysis: US Core Durable Goods Orders Traders look forward to the publication of the Core Durable Goods Orders tomorrow (January 28). It measures the change in the total value of...
Market Notes: U.K. economy has finally come out of the recession with a 0.1% rise in GDP.Bernanke’s reelection seems quite sure, as 13 Republican senators have signaled that they will vote for him, while only 6 Democrats...
GBP/USD Open 1.6136 High 1.6268 Low 1.6093 Close 1.6142Pound/Dollar made a sharp decreasing movement on Tuesday from the 1.6268 down to the 1.6100 bottom, closing the day at 1.6142. The 1.6093 level pays a key support role...
The most important event of the trading day is likely going to be the Federal Open Market Committee’s (FOMC) Federal Funds Rate statement at 19:15 GMT. With Fed Chairman Ben Bernanke’s recent re-confirmation there is an opportunity...
EUR/USD Open 1.4079 High 1.4179 Low 1.4044 Close 1.4071Euro/Dollar continued descending on Tuesday from the 1.4179 top, down to the 1.4044 bottom, continuing trading within the bearish channel, formed on the 3 hour chart. At present trade...
Market Review – 26/01/2010 21:16 All times in GMT Dollar gains as China curbs lending, deterring risk demand The greenback and yen rose against most of their major counterparts on Tuesday on speculation China will take further...
GBP/USD Open 1.6244 High 1.6268 Low 1.6093 Close 1.6242Pound/Dollar rose on Monday in anticipation of strong UK GDP data, due today at 9:30 GMT. The Cable climbed to 1.6260, closing the day at 1.6242. This morning the...
