While the Dollar drops against the major currencies due to the disappointing U.S employment data from Friday, the strongest trend in the market appears to be the bullish gold. Gold continues to break new record highs on...
USD/JPY Open 90.79 High 90.84 Low 90.08 Close 90.72 Dollar/Yen made an upward movement on Thursday, rising from the 90.08 bottom to the peak at 90.84, closing the day at 90.72. On the 1 hour chart a...
GBP/USD Open 1.6567 High 1.6638 Low 1.6475 Close 1.6581 Pound/Dollar also climbed on Thursday, from the 1.6475 bottom to the 1.6638 peak, closing the day at 1.6581. On the 3 hour chart the formed triangle was technically...
AUD The Australian Dollar rose modestly on Thursday after Reserve Bank of Australia (RBA) Governor Glenn Stevens, the head of Australia’s central bank, said the country was on headed towards recovery and that spare capacity in...
Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market...
EUR/USD Open 1.4871 High 1.4913 Low 1.4812 Close 1.4868 After the rise on Wednesday, on Thursday Euro/Dollar was trading hesitantly, entering into consolidation phase. On the 1 hour chart the currency couple tested the lower limit of...
USD/JPY Open 90.68 High 91.09 Low 90.08 Close 90.71 Dollar/Yen climbed on Wednesday from the 90.08 bottom to the 91.09 top, closing theday at 90.71. The currency couple formed divergence on the 3 hour chart. The 92.25...
Forexpros Daily Analysis Nov 5, 2009 — Unemployment Rate in the US to Be Announced Tomorrow The Unemployment Rate is a measure of the percentage of the total labor force that is unemployed but actively seeking employment...
USD The US Dollar dropped on Wednesday against most majors after a sharp rise in equities and commodities stole the Dollar’s safe-haven appeal. The downturn happened as investors waited for a policy decision from the US...
The Bank of England’s (BOE) rate statement is due at 12:00 GMT while the European Central Bank (ECB) press conference is expected at 13:30 GMT. While both banks are expected to keep their interest rates at their...
