Risky currencies performed well yesterday following a successful auction of Spanish bonds that helped to ease fears of the euro zone fiscal crisis, prompting investors to take on riskier positions. The Swiss franc was a big mover...
EUR/USD Open 1.2383 High 1.2414 Low 1.2245 Close 1.2386On Thursday Euro/Dollar rose sharply after partial adjustment. The European appreciated from 1.2245 to 1.2404 yesterday, in converse with the Interbank sentiment projection, at nearly -1%, closing the day...
Market Review – 17/06/2010 21:13 GMTEuro surges on solid Spanish bond demandThe euro rallied as increased demand at Spain’s bond auction waned fears about the country’s ability of refunding in the market. The single currency also drew...
Crude managed to build a base on 76.75 and rushing to stabilize above 77.25 with four-hour closing confirming the continuation for the bullish move. Our morning expectations remain intact with the ascending support for the bullish channel towards...
EURUSD The pair rushed to the upside to return within the ascending channel shown above, while at the same time activating the bullish technical pattern after breaching the neckline at 1.2325. From here, we expect a bullish...
ForexPros Daily Analysis June 17, 2010 Fundamental Analysis: BoC Gov Carney Speaks Canadian traders await the speech by governor Carney, to take place tomorrow, June 18th. Mark Carney, Bank of Canada governor, 2008-2015. As head of Canada’s...
USD/JPY Open 91.41 High 91.78 Low 91.14 Close 91.43On Wednesday Dollar/Yen continued trading with a slight decrease, in line with the Interbank sentiment at around -56%. The currency couple depreciated from 91.78 to 91.78 yesterday, closing the...
The pair led two attempts at breaching the critical resistance that descended currently towards 113.35 which is the key area for returning to the ascending channel previously breached.
GBP/USD Open 1.4732 High 1.4856 Low 1.4644 Close 1.4725After strong rise at the beginning of this week, on Wednesday Pound/Dollar corrected deeply downwards, in line with negative Interbank sentiment at around -29%. The Cable depreciated from 1.4856...
Caution and tentative trading came back into the broad markets swiftly on Wednesday as economic data from the U.S. managed once again to emphasize that not all is well. The USD gained on the EUR and GBP...
