Dollar trading today is set to be dominated by key releases from the U.S., such as the CB Consumer Confidence figures at 14:00 GMT. The speech by Treasury Secretary Timothy Geithner at 20:00 GMT is also set...
EUR/USD Open 1.4855 High 1.5059 Low 1.4948 Close 1.4870 On Monday Euro/dollar climbed to the 1,5059 top, than collapsed to the 1.4846 bottom, as expected, where the bears are limited for now, and the currency couple closed...
The U.S dollar fell against the EUR and the Yen in Asian trading this morning after an official newspaper of the Chinese central bank said China should cut its USD holdings, adding to concerns over the unit’s...
GBP/USD Open 1.6611 High 1.6693 Low 1.6493 Close 1.6619 On Thursday Pound/Dollar made a significant downward correction down to the 1.6493 bottom, from where the Cable started recovering, closing the day at 1.6619. The British currency seemed...
The USD surrendered slim gains on Friday, resuming its bearish momentum against a basket of currencies on expectations Interest Rates will remain low in the U.S. Low rates make the U.S. Dollar less attractive than higher-yield currencies...
by Johan Kriek (jkriek@fxinstructor.com) Key events today: Eurozone PMI @ 8:00GMT UK GDP @ 08:30GMT US Existing Home Sales @ 14:00 Probability Studies:
EUR/USD Open 1.5029 High 1.5058 Low 1.4948 Close 1.5027 On Thursday Euro/Dollar made insignificant ascending movement with just over 100 pips. The currency couple tried to drop, reaching a bottom at 1.4948, from where it started ascending...
USD/JPY Open 90.91 High 91.57 Low 90.50 Close 90.97 On Wednesday Dollar/Yen traded with volatility upwards. On the 3 hour chart the downward channel was broken upwards, indicating failure of the bears and strengthening of the Dollar,...
GBP/USD Open 1.6610 High 1.6636 Low 1.6349 Close 1.6606 On Wednesday Pound/Dollar climbed with nearly 300 pips, from the 1.6349 bottom to the 1.6636 top, where rising was limited at the upper limit of the bearish channel,...
Witnessing a steady decline during this week’s trading sessions, the USD became weakened as traders unwound their Dollar-buy positions in exchange for riskier assets, such as stocks. The global stock rally seen yesterday may have been one...
