Dollar, Yen up Ahead of the G20 Meeting
The Dollar snaps a two week decline versus the EUR after disappointing U.S Home Sales data and ahead of the G20 meeting. The USD and JPY are benefiting from the recent surge in risk aversion ahead of...
Category: Daily Forex Reports
EUR/USD 1.4662 – 25 September 2009
EUR/USD Open 1.4654 High 1.4797 Low 1.4615 Close 1.4662 On Thursday Euro/Dollar attempted to rise, reaching a peak at 1.4797, as expected, where further bullish movement was limited and the currency pair dropped to 1.4615, closing the...
USD/JPY 90.68 – 24 September 2009
USD/JPY Open 91.51 High 91.60 Low 90.35 Close 91.30 Dollar/Yen failed to continue its bearish momentum yesterday, climbed up to the 91.60 top, closing the day at 91.30. Because of the current trading range within which the...
Forexpros.com Daily Analysis – 24/09/2009
Forexpros Daily Analysis Sep 24, 2009 Euro Dollar As all other majors, the Euro dropped significantly after the Fed, and went back to 1.4685, but it stood its ground and spent the whole Asian session above 1.47....
GBP/USD 1.6275 – 24 September 2009
GBP/USD Open 1.6331 High 1.6452 Low 1.6263 Close 1.6343 Pound/Dollar traded with volatility on Wednesday. The Cable tried to climb, reaching a peak at 1.6452, where further bullish movement was limited and the currency pair dropped down...
USD Up on Fed Statements; Oil Sinks on Demand Concerns
The US Federal Reserve yesterday upgraded its assessment of the U.S. economy, saying growth had returned after a deep recession. As expected, the Fed kept its target for its federal funds rate set at a range of...
EUR/USD 1.4723 – 24 September 2009
EUR/USD Open 1.4710 High 1.4838 Low 1.4687 Close 1.4734 Euro/Dollar made significant bearish momentum on Wednesday, dropping with around 250 pips. On the 3 hour chart, after a break down of the lower limit of the ascending...
USD/JPY 91.53 – 23 September 2009
USD/JPY Open 91.11 High 92.06 Low 90.52 Close 91.09 Dollar/Yen failed to continue his ascending correction on Tuesday. Of the 3 hour chart the bullish channel was broken downwards and the trading under 91.75 indicates that the...
Forexpros.com Daily Analysis – 23/09/2009
Forexpros Daily Analysis Sep 23, 2009 Euro Dollar As expected, the Euro reached 1.48 for the first time this year, and also reached the first target suggested in yesterday's report, which leaves the second target 1.4901 ahead...
GBP/USD 1.6374 – 23 September 2009
GBP/USD Open 1.6361 High 1.6414 Low 1.6212 Close 1.6357 On Tuesday Pound/Dollar rose significantly from 1.6212 to 1.6393, closing the day at 1.6357. Of the 1 hour chart after being unable to break under the 1.6113 support...