AUDUSD breaks below 0.9001 key support, taking price back to range trading between 0.8577 and 0.9404. Sideways movement in the range would more likely be seen in next several weeks. Key support is at 0.8577, only fall...
GBPUSD breaks below 1.4784 previous low and reaches as low as 1.4475, suggesting that the downtrend from 1.7042 has resumed. Deeper decline is still possible next week and next target would be at 1.4200 area. Key resistance...
EURUSD’s bearish movement from 1.5144 extends to as low as 1.2526 level. Deeper decline to test 1.2329 (Oct 28, 2008 low) support is still possible next week, sideways consolidation would more likely be seen before breaking below...
USD/JPY Open 90.85 High 94.98 Low 88.49 Close 90.56Dollar/Yen decreased significantly on Thursday with over 500 pips, in line with the Interbank sentiment at nearly -34%. Yesterday the currency couple depreciated from 94.98 to 88.49, closing the...
Eur/usd – 1.2760 … The single currency maintained a firm undertone after rebounding fm y’day’s low of 1.2510 to 1.2773 on active short-covering
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GBP/USD Open 1.4871 High 1.5146 Low 1.4595 Close 1.4839Pound/Dollar continued depreciating on Thursday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5146 to 1.4721, closing the day at 1.4839. Today...
With the Euro already recording fresh 14-month lows against the U.S. Dollar on Thursday, the single currency may see a significantly larger price drop following the U.S. Non-Farm Payrolls report. Set to be released at 12:30 GMT,...
EUR/USD Open 1.2627 High 1.2855 Low 1.2527 Close 1.2623The Euro continued depreciating significantly on Thursday, going bellow 1.26. Euro/Dollar decreased from 1.2855 to 1.2527 yesterday, in line with the Interbank sentiment projection, at nearly -2%, closing the...
Market Review – 06/05/2010 21:05GMT Euro plunges on lingering Greek contagion fears and 9% slump in U.S. stocks Euro extended its recent weakness and fell across the board on continuing contagion fears after ECB’s Trichet failed to...
