ForexPros Daily Analysis January 28, 2010 Fundamental Analysis: US GDP (QoQ)P Traders anticipate the publication of the the Gross Domestic Product measure tomorrow (January 29). The GDP is the broadest measure of economic activity and is a...
GBP/USD Open 1.6175 High 1.6276 Low 1.6100 Close 1.6168The Cable managed to hold its gains on Wednesday despite the strong Dollar against other currencies. Pound/Dollar climbed to the 1.6240 top, forming new resistance level there, and closing...
Risk makes a comeback after the State of the Union address MAJOR HEADLINES – PREVIOUS SESSION US Dec. New Home Sales out at -7.6% m/m vs. +3.0% expected and -9.3% prior GE Jan. CPI out at -0.6%...
EUR/USD Open 1.4028 High 1.4095 Low 1.3958 Close 1.4022Euro/Dollar traded hesitantly and within narrow range on Wednesday, closing the day at 1.4022. The upper level of the downward channel and top level level from Monday at 1.4190...
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...
