USD As the US Comerce Department issued a report that showed the Trade Deficit had widened much more than expected, the US Dollar was able to still hold off another selloff due to concerns broight about by...
The US Dollar was little changed against the EUR but fell significantly against the yen during Tuesday’s trading session after the People’s Bank of China increased the amount of reserves Chinese banks must hold in order to...
EUR/USD Open 1.4473 High 1.4549 Low 1.4458 Close 1.4488After the break up of the 1.4229 – 1.4484 range on Monday Euro/Dollar traded quietly on Tuesday within around 90 pips range. We will be looking for convincing break...
The Greenback continued to show signs of weakening yesterday as the DXY closed just above 77. All majors gained on the Dollar with the exception of the Loonie. The NOK picked up 1.03% from Friday’s close. The...
USD/CAD for Forex Traders:The Loonie flirted with Dollar parity back in late October of 2009. However, the BOC stepped in and expressed its dismay over the Canadian Dollar strength, issuing harsh statements that a strong CAD would...
USD/JPY Open 92.10 High 92.63 Low 91.65 Close 92.07Dollar/Yen started forming new downward trend on the 15 minutes chart, while on the 1 hour is neutral, and still bullish on the 3 hour chart. On Monday the...
Forexpros Daily Analysis Jan 12, 2010 Fundamental Analysis: Core Retail Sales Traders of USD await the publication of the Core Retail Sales report.The Core Retail Sales is a monthly measurement of all goods sold by retailers based...
Non Farm Payrolls was worse than expected. However, if the pace of the job market will stay as it is, we can expect a zero or a positive number next month.
GBP/USD Open 1.6106 High 1.6148 Low 1.5898 Close 1.6113Pound/Dollar has formed a new bullish trend on the 15 minutes chart, while still trading neutral on the 1 hour chart, and downward on the 3 hour, where quotes...
The U.S Dollar declined against major counterparts Monday as risk appetite returned on renewed confidence about an impending global economic recovery. The renewed optimism fueled demand for the EUR as well as currencies from commodities-rich countries such...
