EUR/USD Open 1.2779 High 1.3085 Low 1.2706 Close 1.2784The Euro rose first on Monday on the good news for Europe over the weekend, than lost all its gains. Euro/Dollar increased from 1.2732 to 1.3085 yesterday, in line...
ForexPros Daily Analysis May 10, 2010 Fundamental Analysis: German CPI European traders anticipate the publication of the German CPI. The German Consumer Price Index (CPI) measures the changes in the price of goods and services. The CPI...
USD/JPY Open 92.13 High 93.05 Low 90.97 Close 91.47Dollar/Yen traded hesitantly on Friday within the 90.97 – 93.01 range, matching the Interbank sentiment at around -23%. On Friday the currency couple depreciated from 93.01 to 90.97, closing...
GBP/USD Open 1.4768 High 1.4912 Low 1.4512 Close 1.4784Pound/Dollar continued depreciating on Friday, in line with the negative Interbank sentiment at nearly -61%. The Cable depreciated on Friday from 1.4912 to 1.4512, closing the week at 1.4784....
There are very few words that can describe last week’s trading session. Words such as abnormal, irregular, exceptional were used on a constant basis in order to try and explain how unique indeed was the global trading.
EUR/USD Open 1.2877 High 1.2968 Low 1.2527 Close 1.2760The Euro continued depreciating insignificantly on Friday. Euro/Dollar decreased from 1.2788 to 1.2618 on Friday, in converse with the Interbank sentiment projection, at nearly +4.5%, closing the week at...
Market Review – 08/05/2010 01:02GMT Euro recovers as German parliament approves rescue package for Greece Euro rebounded strongly from Thursday’s low 1.2510 and rallied back to 1.2799 on active short-covering in European morning before retreating to 1.2609...
USDCAD’s bounce from 0.9930 extends to as high as 1.0735 level. Further rally towards 1.1000 is still possible in a couple of weeks, a break above this level will indicate that the long term downtrend from 1.3063...
USDCHF’s uptrend from 1.0434 extends to as high as 1.1245 level. Further rally is still possible next week and next target would be at 1.1350-1.1400 area. Key support is at 1.0900, below this level will indicate that...
USDJPY drops sharply to as low as 88.25, the subsequent bounce suggests that a cycle bottom has been formed on daily chart. Another rise towards 94.98 would more likely be seen after a minor consolidation, a break...
