USD Taking the thunder from the recent USD rally, Federal Reserve Chairman, Benjamin Bernanke said that the US economy still faces a long and steep road to recovery, citing the 10% unemployment rate as the core proof....
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...
