Last week marked a sharp drop in the EUR’s value, especially against the USD and the JPY. The biggest question for this week is whether the EUR will continue to see bearish trends against the major currencies,...
EUR/USD Open 1.3488 High 1.3507 Low 1.3420 Close 1.3487The Euro continued depreciating on Monday. Euro/Dollar decreased from 1.3507 to 1.3420 yesterday, in line with the Interbank sentiment projection, at around -15%, closing the day at 1.3487. On...
Market Review – 19/04/2010 23:04GMT Dollar pares gains as U.S. stock rebounds The greenback pared gains versus most of its counterparts (except the Japanese yen) due to returned risk appetite as U.S. shares rebounded. Earlier, the dollar...
USD/JPY Open 91.94 High 92.96 Low 91.60 Close 92.09Dollar/Yen traded with a decline at the end of last week, in line with the Interbank sentiment at nearly -20%. On Friday the currency couple dropped from 92.96 to...
GBP/USD Open 1.5290 High 1.5469 Low 1.5390 Close 1.5358Pound/Dollar also depreciated on Friday, in line with the Interbank sentiment, at nearly -10%. The Cable decreased yesterday from 1.5523 to 1.5368, closing the week at 1.5358. Today Sterling...
Past Events • USD Housing Starts, out at 0.63M versus expected 0.60M, prior 0.62M (revised)• USD Building Permits, out at 0.69M versus 0.63M, prior 0.64M (revised)• USD Prelim UoM Consumer Sentiment, out at 69.5 versus 74.7, prior...
EUR/USD Open 1.3488 High 1.3666 Low 1.3555 Close 1.3496The Euro continued depreciating on Friday. Euro/Dollar decreased from 1.3573 to 1.3485 on Friday, in line with the Interbank sentiment projection, at nearly -17%, closing the week at 1.3496....
Over the past week, Crude Oil saw an extremely volatile session. After peaking at $86.60 a barrel, crude oil sharply dropped and is currently trading at $83.30 a barrel. At the same time, the Dollar is correcting...
Market Review – 17/04/2010 03:39GMT Dollar and yen rally on news of Goldman fraud charges Dollar together with the Japanese yen rallied across the board on Friday as news of fraud charges brought by U.S. regulators led...
USDCAD breaks above the upper boundary of the falling price channel on daily chart, suggesting minor consolidation of downtrend from 1.0779 is underway. Further rally towards 1.0302 is expected next week. As long as this level holds,...
