Market Review – 12/04/2010 19:46GMT Euro rallies on EU’s formalized offer of aid to Greece The euro strengthened across the board on Monday after EU offered Greece a rescue package worth as much as 45 billion euros...
USD/JPY Open 93.13 High 93.78 Low 92.84 Close 93.11The Dollar started weakening against the Yen on Friday, in line with the positive bank sentiment for Dollar/Yen at around -4%. The currency couple dropped to 93.16, closing the...
GBP/USD Open 1.5421 High 1.5486 Low 1.5268 Close 1.5366Pound/Dollar followed the Euro up on Friday, in converse with the negative Interbank sentiment at around -8%. The Cable rose on Friday from 1.5268 to 1.5383, closing the week...
Past events: • GBP PPI Input m/m out at 3.6% versus expected 1.3%, prior 0.6% (revised)• GBP PPI Output m/m out at 0.9%, versus expected 0.4%, prior 0.3%• CAD Employment Change out at 17.9K versus expected 25.9K,...
After a relatively calm trading week, on which it seemed that the Dollar and the Yen would continue to rise, European governments have offered an aid package to Greece and have immediately created mayhem in the market....
EUR/USD Open 1.3634 High 1.3678 Low 1.3282 Close 1.3359The Euro started rising on Friday, as Greece received EU bailout confirmation. Euro/Dollar rose from 1.3344 to 1.3493 on Friday, in line with the the Interbank sentiment projection at...
Market Review – 10/04/2010 01:26GMT Euro rallies on speculation of a favourable Greek aid package The single currency gained against most of its counterparts for a second day on Friday despite Fitch Rating downgraded Greece’s debt by...
USDCAD stays in a falling price channel on daily chart and remains in downtrend from 1.0779. Another drop towards 0.9900 could be seen next week after a minor consolidation. Resistance is at the upper border of the...
USDCHF might be forming a cycle top at 1.0785 level on daily chart and the fall could possibly be resumption of downtrend. Another fall towards 1.0434 would more likely be seen in a couple of weeks. Resistance...
USDJPY remains in uptrend from 88.14 and the fall from 94.68 is more likely consolidation of uptrend. Range trading between 92.00 and 94.68 could be seen in a couple of weeks and another rise towards 100.00 is...
