AUD Over night, the AUD returned to its early momentum and rallied upwards as the Australian’s unemployment data was released, adding three times more jobs than forecasted. The unemployment rate fell 0.1% to 5.5% from November the...
The U.S Dollar remained lower against most major rivals on Thursday after the Federal Reserve’s report on regional economic conditions said conditions were improving modestly. Traders said the focus was now turning to the U.S. reports on...
EUR/USD Open 1.4533 High 1.4576 Low 1.4458 Close 1.4509Euro/Dollar continued its ascending movement on Wednesday after the break up of the 1.4229 – 1.4484 range at the beginning of the week, reaching a peak at 1.4576, and...
ForexPros Daily Analysis January 13, 2010 Fundamental Analysis: Initial Jobless Claims Traders anticipate the publication of the Initial Jobless Claims reporttomorrow, January 14.
USD As the US Comerce Department issued a report that showed the Trade Deficit had widened much more than expected, the US Dollar was able to still hold off another selloff due to concerns broight about by...
The US Dollar was little changed against the EUR but fell significantly against the yen during Tuesday’s trading session after the People’s Bank of China increased the amount of reserves Chinese banks must hold in order to...
EUR/USD Open 1.4473 High 1.4549 Low 1.4458 Close 1.4488After the break up of the 1.4229 – 1.4484 range on Monday Euro/Dollar traded quietly on Tuesday within around 90 pips range. We will be looking for convincing break...
The Greenback continued to show signs of weakening yesterday as the DXY closed just above 77. All majors gained on the Dollar with the exception of the Loonie. The NOK picked up 1.03% from Friday’s close. The...
USD/CAD for Forex Traders:The Loonie flirted with Dollar parity back in late October of 2009. However, the BOC stepped in and expressed its dismay over the Canadian Dollar strength, issuing harsh statements that a strong CAD would...
USD/JPY Open 92.10 High 92.63 Low 91.65 Close 92.07Dollar/Yen started forming new downward trend on the 15 minutes chart, while on the 1 hour is neutral, and still bullish on the 3 hour chart. On Monday the...
