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...
USD After a weekend in which traders and analysts digested the disappointing Non-Farm Payroll data, the US Dollar fell across the board on Monday in the first full session since the report’s release. Not helping the Dollar...
EUR/USD Open 1.4504 High 1.4549 Low 1.4409 Close 1.4514Euro/Dollar broke up of the 1.4229 – 1.4484 range on Monday, reaching the 1.4549 top, closing the day at 1.4514. Our preferable scenario for today is bearish, and a...
USD/JPY Open 93.44 High 93.75 Low 92.10 Close 92.57Dollar/Yen made a significant bearish movement on Friday from 93.62 down to 92.35, closing the week at 92.57. On the 1 hour chart the currency couple is moving hesitantly,...
Forexpros Daily Analysis Jan 11. 2010 Fundamental Analysis: Trade Balance The Trade Balance index will be published tomorrow (Jan 12) in the US, Britain and Canada.The Trade Balance index measures the difference in worth between exported and...
GBP/USD Open 1.5934 High 1.6148 Low 1.5898 Close 1.6018Pound/Dollar made a bullish movement on Friday, reaching a top at 1.6093, closing the week at 1.6018. Today the bullish trend continued. However, on the 3 hour chart we...
USD The US Non-Farm Payroll report came out on Thursday amidst a wealth of hope that it would show the US employment situation improving drastically, a hope brought on by two indicators earlier in the week. However,...
After a relatively peaceful trading week, the shock took place on Friday. Very disappointing U.S. Non-Farm Employment Change data has created mayhem in the market, and took the EUR/USD pair above the 1.4500 level. The main question...
EUR/USD Open 1.4463 High 1.4532 Low 1.4272 Close 1.4404Euro/Dollar made a decreasing effort on Friday, reaching the 1.4272 bottom, from where it started climbing, closing the week at 1.4404. The currency pair just broke up of the...
GBP/USD Open 1.5934 High 1.6065 Low 1.5898 Close 1.5930Pound/Dollar made a decreasing movement on Thursday, from the 1.6065 top to the 1.5897 bottom, closing the day at 1.5930. Of the 3 hour chart the Cable is has...
