USD/CAD:The decrease of the currency until the support level 0.9974 anticipated in the last session truly happened. EUR/JPY:An interesting resistance stopped the trend at 114.83, suggesting a reversing trend. The reversal may create an opportunity for a...
Market Review – 14/10/2010 23:03 GMTDollar falls to a fresh 15-year low against yenThe greenback dropped against most major currencies on Thursday after Singapore widened and raised the trading band of the Singapore dollar. The dollar index...
The GBP/JPY rolls back after it declined to 129.00. Neverthless, it is expected that the currency pair will move down to the support level of 128.00 soon.
Positive Asian economic data supported the risk appetites. Asian and European trading sessions: Euro: Expectations for the release of the strong European statistics pushed the EUR/USD rate to the maximums of $1.3982. The Euro-zone industrial production indeed...
ForexPros Daily News October 14, 2010 Greenback Tumbles as Dollar Selling Intensifies — Forex – USD/JPY tumbles to 15-year low amid intervention fears Forex Pros – The U.S. dollar tumbled to a fresh 15-year low against the...
EURJPY On the 4 hour, the EURJPY traded in a rising channel for 4 weeks, from mid September until this week. Prices have now broken through the channel, and after a quick test of the channel as...
The US dollar tumbled against a wide range of currencies Thursday, hit by continued weakness ahead of expected easing by the Federal Reserve, and quickly accelerated by a surprise decision by the Monetary Authority of Singapore to...
Market Review – 13/10/2010 23:07 GMTDollar hovers near 15-year low against yen on speculation of Fed easingThe greenback hovered near 15-year low against the Japanese yen on Wednesday, as FOMC minutes released on Tuesday fueled speculation of...
USD/CHF: For the last few weeks, the pair was clearly downtrend oriented. The last decrease started at the level 0.9851 and last for about 300 pips. USD/CAD:After the breach of an important support level at 1.011 occurred...
The US dollar rate shows technical correction. FOMC meeting is in focus. Asian and European trading sessions: Euro: The EUR/USD pair slipped as low as the $1.3775 mark, as investors showed less demand for the high-risk assets....
