Investors’ optimism growing on Tuesday. Asian and European trading sessions: Euro: The EUR/USD pair managed to reach maximums at the $1,3145 level. Positive results of the bond auction in Spain and Ireland supported the euro. Investors’ optimism...
ForexPros Daily Analysis September 22, 2010 Euro Dollar The Euro broke the resistance specified in yesterday’s reports 1.3118, after two days of trying, and successfully reached both targets 1.3194 & 1.3306 with accuracy as well (the high...
The USD and other major currencies continued to trade under the shadows of central bank mandates on Tuesday. The Federal Reserve released its FOMC Statement which once again admitted that the U.S. economy is experiencing a less...
The U.S. dollar continued to decline in early morning trading Wednesday, buying less than 85 Japanese yen after the U.S. Federal Reserve said it was ready to take further action to boost the economy.
Market Review – 21/09/2010 23:00 GMTUS dollar falls broadly as Fed offers to easeThe greenback dropped against other major currencies on Tuesday, as the statement of U.S. FOMC meeting indicated that U.S. Fed prepared to ease monetary...
With plenty of today’s trading having taken place already and the Building Permits number from the U.S. having turned in a slightly negative outcome all eyes now turn to the Federal Reserve’s FOMC Statement.
The drop of the greenback in the threshold of the FOMC meeting. Asian and European trading sessions: Euro: The EUR/USD pair strengthened above the $1,3100 mark. US Dollar: The greenback showed weakness as the expectations for the...
ForexPros Daily Analysis September 21, 2010 Euro Dollar Stunningly, the Euro stopped exactly & down to the pip at our suggested resistance in yesterday’s report 1.3118, to confirm the importance of this level, which will live to...
On the daily chart above, we can see that the pair’s trading was restrained between the ends of the symmetrical triangle since the beginning of 2009, yet recently the pair breached the support for the pattern -precisely...
The index breached the upside correction level and the last was 61.8% at 10555 –the correction for the downside move from 11205 till 9507- this upside move was supported by the positive pattern and the breach of...
