GBP/USD Open 1.6550 High 1.6595 Low 1.6400 Close 1.6555 Pound/Dollar also climbed on Wednesday, from the 1.6400 bottom, to the 1.6595 top, closing the day at 1.6555. Today the Cable is in a consolidation phase so far,...
Forexpros Daily Analysis Nov 4, 2009 — Initial Jobless Claims to Be Published in the US Tomorrow The Initial Jobless Claims is a measure of the number of people who file for unemployment benefits for the first...
USD/JPY 90.84 – 4 November 2009 USD/JPY Open 90.42 High 91.01 Low 89.88 Close 90.32 On Tuesday Dollar/Yen made an increasing movement, as expected, from the 89.88 bottom, up to the 90.55 top, closing the day at...
GBP/USD Open 1.6419 High 1.6497 Low 1.6270 Close 1.6433 On Tuesday Pound/Dollar made indecisive movements, dropping first as expected down to the 1.6270 bottom, from where it climbed up to the 1.6445 top, closing the day at...
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. Investors will focus on the interest rate outlook, but many analysts say the...
EUR/USD Open 1.4724 High 1.4805 Low 1.4631 Close 1.4720 Euro/Dollar failed to continue ascending movement on Tuesday and is now testing the lower limit of the trend line around 1.4630, as seen on the 1 hour chart....
Forexpros Daily Analysis Nov 3, 2009 — The Federal Open Market Committee (FOMC) decision on short term interest rate is due out tomorrow (Nov 4). The decision on where to set interest rates depends mostly on growth...
USD/JPY Open 90.39 High 90.65 Low 89.16 Close 90.23 On Monday Dollar/Yen made a significant upward movement, after reaching the 89.16 bottom, as expected. On the 3 hour chart the descending channel was broken again upwards with...
GBP/USD Open 1.6393 High 1.6479 Low 1.6293 Close 1.6401 On Monday Pound/Dollar was surfing on the top of the downstream wave, and is trying to hold it there. The Cable climbed to the 1.6479 top, from where...
The USD is likely to move on the U.S. Factory Orders publication today at 15:00 GMT. The reason why this release is so important is due to Monday’s releases that showed the U.S. economy is on a...