USD/JPY Open 90.38 High 91.87 Low 89.78 Close 90.39Dollar/Yen climbed to the 91.87 top on Thursday, from where made a sharp drop down to 89.78 bottom, as a result of the US president Obama’s proposal for financial...
GBP/USD Open 1.6197 High 1.6392 Low 1.6200 Close 1.6195Pound/Dollar decreased on Thursday, as expected, from the 1.6312 top down to the 1.6125 bottom, closing the day at 1.6195. This morning, however, the Cable recovered almost all losses...
MAJOR HEADLINES – PREVIOUS SESSION * US Weekly Initial Jobless Claims out at 482k vs. 440k expected and revised 446k prior * US Continuing Claims out at 4599k vs. 4598k expected and revised 4617k prior * US...
Crude Oil fell for a second straight session Thursday and ended 2% lower, to trade near $76 a barrel despite a drop in U.S. crude supplies as concerns over Chinese growth dampened appetite for riskier currencies and...
EUR/USD Open 1.4092 High 1.4145 Low 1.4034 Close 1.4085Euro/Dollar traded hesitantly on Thursday within the 1.4145 – 1.4034 range, closing the day at 1.4085. The currency couple moved close to the key support level at 1.4034, and...
ForexPros Daily Analysis January 21, 2010 Fundamental Analysis: Retail Sales (MoM) Traders anticipate the publication of the UK Retail Sales on Friday (January 22). It is a monthly measurement of all goods sold by retailers based on...
GBP/USD Open 1.6299 High 1.6392 Low 1.6200 Close 1.6290Pound/Dollar lost all its gains from the first 2 days of the week, dropping from the 1.6438 top on the 15 minute chart. On Wednesday the descending movement continued...
MAJOR HEADLINES – PREVIOUS SESSION * US Dec. PPI out at +0.2%, 4.4% y/y vs. flat/+4.5% expected and 1.8%/2.4% prior resp. * US Dec. PPI ex-Food/Energy out at flat m/m, +0.9% y/y vs. 0.1%/1.0% expected and 0.5%/1.2%...
American and European stocks traded lower this week due to risk aversion among traders, and this has helped support the Dollar’s resurgence. With a EUR-heavy news day ahead of us, the USD may take a back-seat during...
EUR/USD Open 1.4110 High 1.4304 Low 1.4074 Close 1.4104Euro/Dollar declined below 1.4255, which led to further sharp decreasing down to 1.4084 on Wednesday, caused by increased concerns that the crisis in Greece will reflect the other members...
