European Issues Reignite
With summer almost in the rear view mirror and investors returning from the Labor Day holiday, the USD gained against the EUR and GBP swiftly. There was no major data from the U.S. on Tuesday, but risk...
Month: September 2010
Crude Oil Morning Report 08/ September /2010
Crude is trading within a bullish channel shown in the chart above, where this channel organizes the bullish correctional trend that crude has started from 70.75.
Major Currencies’ Morning Report 08/ September /2010
EURUSDThe pair stabilized trading below 1.2770 – 1.2730 and thereby pointing out that it will resume the bearish short term trend after the temporary ascend that has started on the 24th of last month. Some fluctuation and...
Dollar Rallies on Weak German Data
Less than expected German factory orders and worries over the Irish fiscal situation had traders bidding equities lower and buying into safe haven assets as USD/JPY and the EUR/CHF fell to new lows.
Daily FX Market Review-8-9-2010
Market Review – 07/09/2010 22:01 GMTYen surges to a fresh fifteen-year high against dollar after BOJ’s Shirakawa’s comments The greenback fell sharply against the Japanese yen on Tuesday, as the Bank of Japan Governor Shirakawa’s comments increased...
Forexpros.com Daily Analysis – 07/09/2010
ForexPros Daily Analysis September 07, 2010 Euro Dollar We wondered in yesterday’s report, if the Dollar was able to survive after reaching critical levels at 1.2920 for the EURUSD, and 1.5490 for the GBPUSD. The answer to...
German Bunds In Depth
With the start of the second quarter, the bunds entered an ascending medium term channel and trading within it as shown on the daily chart above.
Daily FX Market Review-7-9-2010
Market Review – 06/09/2010 17:38 GMTEuro rises to 3-week high of 1.2920 before retreating on profit-taking The single currency extended last Friday’s rally to a 3-week high of 1.2920 before retreating to 1.2867 on profit-taking as European...
Forexpros.com Daily Analysis – 06/09/2010
ForexPros Daily Analysis September 06, 2010 Euro Dollar The Euro benefited from the US jobs report to approach 1.29 on Friday, and penetrated it after the market opened again last night. It seems like the Euro is...
Silver in Depth
Silver extended beyond the recorded peak last May around 19.80, and by assessing the metal over weekly basis, we can see last week’s closing was exactly at this level –shown on the secondary chart below-.