USD Monday saw the Dollar continue its recent rally as investors who had shorted the Greenback earlier in the year were closing out their positions before the end of year holidays. In an extremely lightly traded session,...
The Dollar gained against almost all of its major counterparts on speculation the Federal Reserve is getting ready to withdraw the stimulus and tighten monetary Policy. Fueling investors’ expectations that U.S. interest rates to rise sooner than...
EUR/USD Open 1.4286 High 1.4370 Low 1.4267 Close 1.4272Euro/Dollar continued its bearish movement on Monday, from the 1.4370 top it climbed to first, to the bottom at 1.4267, and closing the day at 1.4272. Our expectations remain...
Market Notes: Japan’s interest rate was left unanimously at 0.1% level. We think that Japan will wait for US rate to rise first before they increase theirs.EUR/CHF crossed 1.50 level for the first time since SNB (Swiss...
USD/JPY Open 90.39 High 90.80 Low 88.98 Close 90.44Dollar/Yen failed to continue its bearish movement on Friday after reaching the 88.98 bottom, from where it started climbing up to the 90.80 top, closing the week at 90.44....
Forexpros Daily Analysis Dec 21, 2009 Fundamental Analysis: GDP Tomorrow, Dec 22, the Gross Domestic Product will be published in the UK, USA and New Zealand.The Gross Domestic Product (GDP) is the broadest measure of economic activity...
GBP/USD Open 1.6133 High 1.6237 Low 1.6062 Close 1.6154Pound/Dollar made a significant bearish movement on Friday, from the 1.6237 top to the bottom at 1.6061, closing the week at 1.6154. Our expectations are for further downward extension....
USD As the end of the year approaches, investors who sold off the Dollar during the year seem to be returning with a fury. The Dollar rose, albeit slightly on Friday, hitting eight month highs against the...
Last week’s most significant trend in the market was the bullish Dollar. Ever since the positive U.S. Non-Farm Payrolls figures were published, the Dollar is recovering on all fronts. The main question for this week is whether...
EUR/USD Open 1.4332 High 1.4402 Low 1.4267 Close 1.4333Euro/Dollar attempt to rise on Friday, reaching a peak at 1.4402 after some good economic data came out, but further increasing movement was limited there and the currency pair...
