ForexPros Daily Analysis January 20, 2010 Fundamental Analysis: Initial Jobless Claims Traders anticipate the publication tomorrow (21 January) of the Initial Jobless Claims. It is a measure of the number of people who file for unemployment benefits...
USD/JPY Open 91.17 High 91.05 Low 90.35 Close 91.13The declining of Dollar/Yen on Tuesday was stopped by the 90.35 support, from where the currency couple bounced upwards, and climbed to the 91.25 level, closing the day at...
GBP/USD Open 1.6359 High 1.6437 Low 1.6229 Close 1.6360Pound/Dollar rose on Tuesday to the 1.6443 top, from where the Bullish currency started weakening like the Euro, down to 1.6315, closing the day at 1.6360. After giving some...
MAJOR HEADLINES – PREVIOUS SESSION * CA Dec. leading Indicators out at +1.5% m/m vs. +1.0% expected and +1.3% prior * CA BOC leaves interest rates unchanged at 0.25% * US Jan. NAHB Housing Index out at...
The U.S. Dollar firmed against most major counterparts, with the gains especially strong against the EUR, amid continued worry about Greek debt and further signs that Germany’s economic recovery may be losing momentum.
EUR/USD Open 1.4281 High 1.4412 Low 1.4166 Close 1.4287On Tuesday Euro/Dollar volatility increased, as the currency couple started dropping from the 1.4412 top to 1.4257, closing the day at 1.4287. The bearish movement of the currency couple...
USD/JPY Open 90.72 High 91.05 Low 90.35 Close 90.76Dollar/Yen climbed on Monday to the 91.05 top, where the ascending momentum was limited, and the currency couple continued dropping down to 90.58, closing the day at 90.76. On...
Market Notes: Busy fundamental days we have in front of us. Watch the BOC rate statement and the US Long-Term Purchases at 14:00 GMT.GBP rises on Kraft’s takeover of Cadbury deal.
ForexPros Daily Analysis January 19, 2010 Fundamental Analysis: Core CPI (MoM) Traders look forward to the publication of the Canadian Core Consumer Price Index (CPI) which will be released tomorrow (January 20). The CPI measures the changes...
JPYYen was further down today, as pairs were focused on the JAL’s expected bankruptcy announcement (0800GMT).The Dollar continued it’s gain as investors are rallying their speculation that the company will file for bankruptcy resulting in more data...
