AUD The Australian Dollar retreated on Wednesday after news emerged that Australia posted a very disappointing GDP number in the third quarter. To add insult to injury, the previous quarter’s growth figures, which were applauded as a...
Forexpros Daily Analysis Dec 16, 2009 Commodities Don’t know what’s happening now with the Gold and the Crude Oil?Stay on top of commodities prices with a new Free Real Time Streaming Commodities Futures Prices section.
USD/JPY Open 89.46 High 89.93 Low 88.60 Close 89.61Dollar/Yen attempted to fall on Monday but the 88.36 support did a good job, preventing further downward pressure and maintaining a valid bullish scenario, as seen on the 1...
Global Equity Markets were mixed on Tuesday as Dubai continues to sort out its debt repayment obligations. In the U.S Producer Prices climbed 1.8% which was more than double expectations. This caused stocks to retreat as it...
Key Support & Resistance (S/R) Levels: As the Greenback continues to rally heading into the end of the year we thought it would be a good time to review a couple key S/R levels. Traders generate S/R...
GBP/USD Open 1.6265 High 1.6320 Low 1.6189 Close 1.6267Pound/Dollar made an increasing movement on Tuesday, reaching a peak at 1.6315, from where the Cable dropped as expected, down to 1.6209 bottom, closing the day at 1.6267. The...
USD The US Dollar gained across the board on Tuesday in advance of the conclusion of the two day Federal Reserve meeting later on today. The Fed has been emphatic in their insistence that interest rates will...
The U.S dollar rose to the highest level in more than 2 months on Tuesday as stronger-than-expected U.S. economic reports lifted the greenback and as concerns over the potential for European banks encountering a new round of...
EUR/USD Open 1.4539 High 1.4658 Low 1.4507 Close 1.4535Euro/Dollar continued its downward movement on Tuesday, reaching a bottom at 1.4507, and closing the day at 1.4535. Our short positioning model is still preferable for the intraday trading,...
Fundamental Weekly Outlook, Dec 14-18 EU:• Monday: France Current Account (Previous -3.7B, Forecast N/A). Euro-Zone Employment QoQ (Previous -0.5%, Forecast N/A) & YoY (Previous -1.8%, Forecast N/A). Euro-Zone Industrial Production MoM (Previous 0.3%, Forecast -0.7%) & YoY...
