GBP/USD Open 1.5970 High 1.6173 Low 1.5924 Close 1.5981Pound/Dollar continued decreasing on Friday, form the 1.6173 point, down to 1.5976, closing the week at 1.5981. The Cable continued to weaken today, forming new support level at 1.5900....
The American economy is due to release a number of reports today which may have a moderately heavy impact on today’s trading. The Personal Spending and Personal Income reports due at 13:30 GMT will carry a level...
EUR/USD Open 1.3874 High 1.3985 Low 1.3854 Close 1.3857Euro/Dollar was under pressure on Friday, in search of support, after news that tightening the monetary policy in China may derail global economic recovery, and damp trading appetite. The...
Market Review – 29/01/2010 22:18 All times in GMT Dollar rallies on stronger-than-expected U.S. data The dollar rose against major currencies on Friday as U.S. gross domestic product exceeded forecasts, growing at the fastest pace since 2003,...
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...
