Forexpros Daily Analysis Nov 24, 2009 — Fundamental Insight The US Census Bureau will release the Monthly New Home Sales Report tomorrow (Nov 25th). The report helps analyze the strength of the US housing market, and the...
USD/JPY Open 88.92 High 89.18 Low 88.57 Close 88.95Dollar/Yen has been moving within the 88.57 – 89.18 range on Monday and today, indicating consolidation. The pair dropped on Monday first to the 89.57 bottom, from where rose...
Positive economic data released today pushed Global Equity Markets higher once again. In Canada, a better than expected print on Retails Sales moved the CAD higher as well as month over month figures that published at 1%. ...
AUD, NZD, CADCommodity Linked Currencies: Most majors have been range bound for the last month and some even longer then that. If you play support and resistance then your entries points are relatively defined. However, what do...
GBP/USD Open 1.6605 High 1.6643 Low 1.6479 Close 1.6604Pound/Dollar climbed first on Monday, from the 1.6473 bottom to the 1.6644 top, as expected, closing the day at 1.6604. However, further rising was limited at the above peak...
USD The Dollar fell against most major currencies on Monday after a Federal Reserve insider alluded to interest rates remaining low for some time come. James Bullard, the St. Louis Federal Reserve President said in a speech...
The Dollar decreased dramatically on Monday after a big day on Wall Street led to increased risk taking behavior among investors. An increase in equity and the price of commodities, as well as positive news on existing...
Technical Analysis – 24 November 2009EUR/USD 1.4957 – 24 November 2009EUR/USD Open 1.4955 High 1.4994 Low 1.4837 Close 1.4960Euro/Dollar made a bullish movement on Monday, reaching a peak at 1.4994, and closing the day at at 1.4960....
Forexpros Daily Analysis Nov 23, Supplemental Fundamental Weekly Outlook EU: • Monday: France PMI Manufacturing (Previous 55.6, Forecast 55.8) & PMI Services (Previous 57.7, Forecast 57.4). Germany PMI Manufacturing (Previous 51.0, Forecast 51.6) & PMI Services (Previous...
Forexpros Daily Analysis Nov 23, 2009 — Fundamental Insight: Traders await tomorrow’s release of the Ifo Business Climate Index by the German Institute for Economic Research.