USD/JPY Open 89.70 High 90.37 Low 88.98 Close 89.95Dollar/Yen did not made significant movement on Thursday, trading within the narrow 88.98 – 90.37 range. On the 3 hour chart, however, the fact that quotes are able to...
GBP/USD Open 1.6160 High 1.6332 Low 1.6089 Close 1.6153Pound/Dollar made a decreasing movement down to the 1.6089 bottom on Thursday, as expected, which appeared to be good support and the Cable corrected upwards, closing the day at...
EUR The Euro fell to largest one-day slide it has seen since early July against the Dollar, and was battered just the same versus other majors on Thursday. The fall happened on recent worries about public finances...
The dollar rallied yesterday around renewed sovereign debt fears in Greece and traders taking a hard look at when the Fed will begin to tighten U.S. monetary policy. A glut of European data releases will be driving...
EUR/USD Open 1.4343 High 1.4531 Low 1.4308 Close 1.4337Euro/Dollar continued the descending movement after the upward correction at the beginning of this week. On the 3 hour chart the ascending correction was limited at 1.4682 from where...
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Forexpros Daily Analysis Dec 17, 2009 Fundamental Analysis: German Ifo Business Climate Index The German Information and Foschung (Ifo) Business Climate Index determines the business sentiment and conditions in the Euro-zone.
GBP/USD Open 1.6324 High 1.6405 Low 1.6189 Close 1.6332Pound/Dollar did not make a significant movement on Wednesday, yet managed to snatch out of the the triangle formation on the 3 hour chart, reaching the 1.6405 top, indicating...
EUR/USD Open 1.4521 High 1.4586 Low 1.4373 Close 1.4533Euro/Dollar corrected insignificantly upwards on Tuesday to the 1.4586 top, closing the day at 1.4533. Although the bullish adjustment did not come as a surprise for us after the...
Following the optimistic forecast for the U.S. economy given by the Federal Reserve Bank (FED) on Wednesday, the U.S. Dollar continued to make serious gains against its major counterparts well into morning trading. The EUR/USD pair was...