Forexpros Daily Market Analysis – May 13, 2009

by forexpros.com | May 13, 2009 7:28 am
EURO /USD to make volatile moves for mid week. EURO/USD made the firming up moves towards close of US session yesterday as expected. Today EURO opened nominally up during start of Japanese session setting the high as...

Forexpros.com Daily Market Analysis – May 12, 2009

by forexpros.com | May 12, 2009 9:13 am
EURO/USD – Volatile moves expected to lead to further rise. EURO/USD made the expected correction yesterday. Today it has formed the high (1.3616) and low (1.3564) during early Japanese session. It is expected to make volatile moves...

Forexpros.com Daily Market Analysis – May 11, 2009

by forexpros.com | May 11, 2009 11:15 am
EURO/USD is expected to swing and slide for a day. EURO after making upward rise for week end as expected by us is going to slide today as week beginning false drop before further rise from mid...

USD Weakens and World Economies Strengthen?

by ForexCycle.com | May 11, 2009 9:31 am
Last week may have signaled a change in the Dollar’s value against the major currencies. If you remember, the EUR/USD was traded almost at the 1.6000 level before the financial crisis outburst, and once it did, the...

Forexpros.com Daily Market Analysis – May 7, 2009

by forexpros.com | May 7, 2009 10:25 am
Expected moves in EURO/USD during important event day EURO/USD was trading in the range of 1.3450-1.3230 area early in this week .It is expected to make highly volatile moves today during the BOE and ECB interest rate...

Interest Rate Decisions in Europe to Lead Today’s Market!

by ForexCycle.com | May 7, 2009 8:57 am
The hottest news available in today’s market will no doubt be the interest rate decisions by the Bank of England (BoE) and the European Central Bank (ECB) today at 11:00 and 11:45 GMT, respectively. As interest rates...

Forexpros.com Daily Analysis – May 6, 2009

by forexpros.com | May 6, 2009 11:44 am
EURO/USD is expected to swing and slide for today EURO/USD made the drop to 1.3248 and then rose to a high 1.3332 – a wide range swing to induce traders to make buy after rise and sell...

Dollar Breaks Losing Streak

by ForexCycle.com | May 6, 2009 9:34 am
Buying of the Dollar resumed yesterday as equities finished lower and the U.S. economy showed better than expected manufacturing data. Traders are allocating their positions accordingly as the markets prepare to absorb a glut of economic news...

Increased Optimism sets the Tone for Trading

by ForexCycle.com | May 5, 2009 8:22 am
For the year thus far, the S&P 500 index is in positive territory. With this news the price of Crude Oil has also risen to its yearly high. However, the added buoyancy is hurting the Dollar as...

The Greenback is Trending Lower on Global Recovery

by ForexCycle.com | May 4, 2009 9:46 am
The U.S. dollar approached a 3 week low against the EUR as better economic data worldwide saw investors grow increasingly confident that the worst in the global economy may be past, boosting risk appetite. The Dollar resent...