The U.S. dollar rose on Tuesday to the highest level versus the EUR in 5 weeks and gained against other major currencies, as worries about high levels of debt in Greece and Dubai led investors to buy...
EUR/USD Open 1.4693 High 1.4863 Low 1.4670 Close 1.4700Euro/Dollar made a significant bearish movement on Tuesday, dropping below the 1.4700 support, reaching a bottom at 1.4670, and closing the day at 1.4700. The bullish scenario is certainly...
Forexpros Fundamental Weekly Outlook, Dec 08-Dec 11,2009 EU:• Monday: Euro-Zone Sentix Investor Confidence (Previous -7, Forecast N/A). Germany Factory Orders MoM (Previous 0.9%, Forecast 0.8%). & YoY (Previous -13.1%, Forecast -6.2%).• Tuesday: Bank of France Business Sentiment...
Forexpros Daily Analysis Dec 8, 2009 Fundamental Analysis: Interest Rate Decision The Reserve Bank of New Zealand (RBNZ) will release its decision on short term interest rate Tomorrow (Dec 9).
USD/JPY Open 89.36 High 90.50 Low 88.59 Close 89.48Dollar/Yen continued its bearish movement on Monday, as expected, from 90.50, reaching a bottom at 89.16, and closing the day at 89.48. Of the 1 hour chart the 89.72...
NZD/USD: We are not suggesting the Dollar bulls are running wild, however, every rally in hindsight has a defining moment. Every forex trader on the street is aware that when the Dollar bulls get set free they...
Global Equity Markets were off slightly Monday. A combination of light volume and a lack of any real economic data releases left markets essentially flat as traders continue to be risk averse heading into year end. The...
GBP/USD Open 1.6458 High 1.6516 Low 1.6315 Close 1.6445Pound/Dollar continued descending on Monday. The currency couple first tried to reach higher, making a top at 1.6516, where further bullish momentum was limited, and the Cable renewed its...
USD Monday saw the Dollar rise to levels not seen in more than five weeks against a basket of currencies, extending Friday’s rally that was sparked by a much better than expected jobs report. The trading patterns...
The dollar fell today after Federal Reserve Chairman Ben Bernanke gave comments concerning the slow recovery of the U.S. economy may keep inflation low. This hints towards a continued Fed policy of lower interest rates for the...
