EURUSD broke below 1.3435 support and formed a cycle top at 1.3817 level on daily chart, suggesting that the long term downtrend from 1.5144 has resumed. Deeper decline is still possible in a couple of weeks and...
USD/JPY Open 92.51 High 92.93 Low 91.76 Close 92.68Decrease in Consumer prices continued pushing Dollar/Yen up on Thursday, in line with the positive bank sentiment at nearly 19%. The currency couple climbed from 91.76 to 92.93 yesterday,...
GBP/USD Open 1.4845 High 1.4982 Low 1.4804 Close 1.4817Pound/Dollar rose partially on Thursday on good UK sales, than continued depreciating, in line with the negative Interbank sentiment at around -38.5%. The Cable climbed yesterday to 1.4982, from...
Gbp/usd – 1.4877 … Despite y’day’s selloff to 1.4798, the British Pound continued to move higher on active short-covering n price subsequently rallied to 1.4894.
Past Events • USD Unemployment Claims, out at 442K versus expected 452K, prior 456K (revised)• USD Fed Chair Ben Bernanke Testified• GBP Retail Sales, out at 2.1% versus expected 0.8%, prior -3.0% (revised)• EUR EU Economic Summit,...
The EU economic summit will likely be the focus today, as the final Greek rescue plan is expected to be delivered today. A satisfactory plan may provide the much needed push to the EUR which was plagued...
EUR/USD Open 1.3305 High 1.3375 Low 1.3269 Close 1.3283Euro made partial recovery on Thursday after EU summit gave hopes for coming out of the crisis, in converse with the the Interbank sentiment projection at nearly -13%. Euro/Dollar...
Market Review – 25/03/2010 22:53GMT Euro falls to 10-mth low as Trichet’s comments weigh The euro weakened to a 10-month low against the buck on Thursday after a European draft agreement on aid for debt-stricken Greece showed...
The European currency fell on yesterday’s deals and hit 10-month lows against the US dollar, as investors were worried about the sovereign debt of Greece and Portugal.
USD/JPY Open 92.03 High 92.40 Low 90.40 Close 92.17On Wednesday Dollar/Yen made a breake up of the 88.18 – 91.98 range on the 3 hour chart. The currency couple climbed 200 pips with very strong impulse yesterday,...
