Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and JPY, which are seen as a safer bet than others currencies in times...
EUR/USD Open 1.2185 High 1.2437 Low 1.2144 Close 1.2200After partial recovery on Tuesday on the next help package for Greece, the Euro continued decreasing. Euro/Dollar climbed to 1.2437, from where depreciated down to 1.2157 yesterday, in line...
USD/JPY Open 92.54 High 92.93 Low 91.77 Close 92.57Dollar/Yen traded within a range on Monday, in converse the Interbank sentiment at around -27%. Yesterday the currency couple depreciated to 93.00, from where it rose to 92.64, closing...
ForexPros Daily Analysis May 18, 2010 Fundamental Analysis: GDP (QoQ) Traders anticipate the publication of the Japanese Gross Domestic Product. GDP is the broadest measure of economic activity and is a key indicator for the economy’s health....
GBP/USD Open 1.4476 High 1.4549 Low 1.4279 Close 1.4471Pound/Dollar traded mainly with a decrease on Monday, in line with the negative Interbank sentiment at nearly -59%. The Cable depreciated yesterday from 1.4549 to 1.4279, than recovered partially,...
Yesterday started as a volatile day in which the EUR/USD pair continued to drop and Crude Oil traded below 70$ a barrel. However, during the New York trading hours, after several economic reports from the U.S.
EUR/USD Open 1.2388 High 1.2411 Low 1.2242 Close 1.2395The Euro traded within a range on Monday. Euro/Dollar was moving narrowly in the 1.2258 to 1.2411 scope yesterday, in converse with the Interbank sentiment projection, at nearly -12%,...
ForexPros Daily Analysis May 17, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders anticipate the German ZEW Economic Sentiment. The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment determines the sentiment of German institutional investors.
GBP/USD Open 1.4537 High 1.4641 Low 1.4815 Close 1.4530Pound/Dollar traded with a small decrease on Friday, in line with the negative Interbank sentiment at around -56%. The Cable depreciated on Friday from 1.4641 to 1.4505, closing the...
Following several weeks in which the Dollar rallied vs. the Euro, the EUR/USD pair has finally breached every support level and dropped to a 4-year low. The trigger to this trend that took the pair 1,400 pips...
