Market Review – 12/05/2010 21:37GMT Cable tumbles on BoE King’s dovish comments after release of inflation report Although the British pound rallied above Tuesday’s high of 1.5005 to 1.5046 in European morning, the pair swiftly pared all...
ForexPros Daily Analysis May 12, 2010 — Fundamental Analysis: Initial Jobless Claims Traders of the US anticipate the publication of the Initial Jobless Claims. The Initial Jobless Claims is a seasonally adjusted measure of the number of...
GBP/USD Open 1.4924 High 1.4998 Low 1.4722 Close 1.4950Pound/Dollar traded hesitantly and with a slight increase on Tuesday, in converse with the negative Interbank sentiment at around -56%. The Cable appreciated yesterday from 1.4722 to 1.4998, than...
Upcoming sessions (all times GMT) • EUR German Prelim GDP q/q (06:00)• GBP Claimant Count Change (08:30)• GBP BOE Gov King Speaks (09:30)
Traders seemed anxious in trading yesterday. Comments regarding the recent Greek $1 trillion aid package by a senior IMF member raised new doubts about the EUR. Traders are now concerned that the package came too late and...
EUR/USD Open 1.2633 High 1.2796 Low 1.2606 Close 1.2660The Euro continued sliding insignificantly downwards on Tuesday. Euro/Dollar decreased from 1.2796 to 1.2615 yesterday, in converse with the Interbank sentiment projection, at nearly +13%, closing the day at...
Market Review – 11/05/2010 21:40GMT Cable rises as Conservative Cameron takes over as U.K.’s new PM The British pound rose against dollar and euro after Conservative leader David Cameron took over as U.K.’s new prime minister. The...
ForexPros Daily Analysis May 11, 2010 — Free webinar on ForexPros – “Money Management for Forex & Futures” Expert: Mark Hodge, Rockwell TradingWhen: Wed, May 12, 2010, 10:00 EST Money Management is one of the keys to...
GBP/USD Open 1.4856 High 1.5055 Low 1.4762 Close 1.4844Pound/Dollar climbed on Monday, following the partial recovery of the Euro, in converse with the negative Interbank sentiment at around -56%. The Cable appreciated yesterday from 1.4762 to 1.5055,...
Markets rallied following the release of the European Financial Stabilization Plan. The Dow Jones Industrials Average closed up almost 4% for the day as risk taking was prevalent through the day. The Dollar also rallied as the...
