The EUR rose against the US Dollar and came off 7-week lows against the Japanese Yen on Tuesday, helped by solid results of Irish and Spanish bond auctions which alleviated concerns about the heavily indebted Euro-Zone countries....
There will be very little data released today internationally. The U.S. will bring forth Crude Oil inventories and the U.K. will be publishing its MPC Meeting Minutes. The USD traded in a rather broad range against the...
Market Review – 17/08/2010 22:53 GMTEuro surges on solid demand at European debt auctionsEuro rose strongly across the board on Tuesday as solid Irish and Spanish bond auctions eased worries about the ability of peripheral eurozone countries...
ForexPros Daily Analysis August 17, 2010 Fundamental Analysis: MPC Meeting Minutes The Bank of England (BOE) Monetary Policy Committee (MPC) Meeting Minutesare a detailed record of the committee’s interest rate meeting held abouttwo weeks earlier.
The USD lost some ground to the EUR and GBP as rather tentative trading took place across the broad marketplace. Participants seemed content to range trade on Monday as rather lackluster data from the States again was...
The EUR turned in a day of stability as it gained in value against the USD. CPI data from across Europe met expectations head on. Today the German ZEW Economic Sentiment is on the calendar and will...
The Sterling was able to muster support on Monday and picked up some of its lost momentum against the USD. There was little in the way of economic data from the U.K. today, but the CPI figures...
The JPY continued to trade in a strong manner on Monday as it gained against the USD. Asian bourses have reflected their international counterparts and have been largely uninspiring. The strength of the Yen continues to raise...
The index continues the downside correction triggered after recording the top at 23107 and as seen on the daily chart above, the 38.2% correction stopped the downside move to push the index higher towards the channel’s resistance.
Crude stabilized trading below the previously breached 61.8% Fibonacci correction that has currently turned into resistance at 75.80, thus pointing to chances of resuming the bearish direction that has started after breaching support for the bullish channel...
