The U.S dollar rose to the highest level in more than 2 months on Tuesday as stronger-than-expected U.S. economic reports lifted the greenback and as concerns over the potential for European banks encountering a new round of...
EUR/USD Open 1.4539 High 1.4658 Low 1.4507 Close 1.4535Euro/Dollar continued its downward movement on Tuesday, reaching a bottom at 1.4507, and closing the day at 1.4535. Our short positioning model is still preferable for the intraday trading,...
Fundamental Weekly Outlook, Dec 14-18 EU:• Monday: France Current Account (Previous -3.7B, Forecast N/A). Euro-Zone Employment QoQ (Previous -0.5%, Forecast N/A) & YoY (Previous -1.8%, Forecast N/A). Euro-Zone Industrial Production MoM (Previous 0.3%, Forecast -0.7%) & YoY...
USD/JPY Open 88.69 High 89.40 Low 88.36 Close 88.58Dollar/Yen made an unconvincing break of the 89.70 resistance on Friday, therefore bulls ran out of strength and the currency couple started dropping, which continued on Monday, closing the...
NZD/USD:The New Zealand Dollar is starting to falter and like most of its G-10 counterparts it is holding at pivotal levels against the Greenback. One slip either way may send the currency tumbling or ready to resume...
World Equity Markets gained some ground Monday amid assurances from Abu Dhabi that they would provide $10 billion in immediate financial aid to ensure Dubai World meets its $4.1 billion debt obligation due yesterday. The DJIA closed...
Forexpros Daily Analysis Dec 15, 2009 Fundamental Analysis: Interest Rate Decision The Federal Open Market Committee (FOMC) decision on short term interest rate is due out tommorow (Dec 16) in the US.
GBP/USD Open 1.6309 High 1.6320 Low 1.6189 Close 1.6311Pound/Dollar traded hesitantly on Monday within the 1.6189 – 1.6320 range, forming divergence on the the daily chart, which indicates consolidation phase for the Cable. Signals are neutral in...
USD Risk Appetite was boosted on Monday after Abu-Dhabi announced a ten billion Dollar (US) bailout of Dubai’s “Dubai World” holding company which announced two weeks ago that it will need to restructure its current debt load....
The dollar fell slightly against the major currencies on Monday as signs of a sustained economic recovery and reduced concerns of a default in Dubai curbed demand for the U.S. currency as a refuge. The emirate’s move...
