An extremely bullish day for the equity markets pushed investors back to riskier assets and away from the safe haven USD and JPY, causing them to plummet against their riskier counterparts. The rally in equities along with...
EUR/USD Tests Resistance The pair is currently pushing higher to test the 1.4140 level. This is a significant level and could give us early indications of where we are going over the longer time frames. USD/JPY in...
After falling broadly late last week, the U.S dollar regained some ground on Monday as the market is watching cautiously to see if China will keep making comments on the reserve currency. China’s central bank did not...
EUR/USD Fails The EUR failed to push above the former swing high at 1.4140 and has retreated in early trading this week. If support at 1.3980 is broken it places the short term bias downwards with a...
The Dollar is set to continue its volatility today, as the market continues to act on yesterday’s critical speech of U.S. Federal Reserve Chairman Ben Bernanke. Additionally, traders will continue intensive Dollar trading, as they take into...
The Dollar began a strong rally during yesterday’s session, which dropped the EUR/USD pair as low as the 1.3900 level. Today, The U.S Unemployment Claims appears to be capable of shifting the momentum into the opposite directions...
EUR/USD Bounces The pair fell over 200 pips yesterday but ultimately was stopped by the 1.3900 area and has since bounced higher. This keeps the bias upwards for today, but more news out of the US could...
The market is expected to be very volatile today, as the U.S. announces the Federal Funds Rate at 18:15 GMT, which specifies U.S. Interest rates. The other factor that which is set to affect both the USD...
EUR/USD – After the Surge Yesterday saw a very strong move by the EURO, moving almost double its average (12) daily range. It also broke multiple short term resistance levels.
The US Dollar has made some solid gains this week following news from the World Bank (WB) that economic forecasts for growth in 2009 are showing a 2.9% contraction, as opposed to the previous forecasts of 1.7%....
