Month: October 2010

The Bank of Japan made no changes to its monetary policy earlier today and the JPY has stayed well within it strong consolidated range versus the USD. The AUD also had a rather small range on Wednesday...

The U.S dollar weakened for the first time in three days against the euro in overnight trading, as Asian stocks gained amid optimism the global economic recovery remains intact, damping demand for the greenback as a refuge.

Hello. Let’s take a look at a pair we like to trade – the EUR/JPY.

Market Review – 27/10/2010 22:50 GMTDollar rises broadly on reconsidered QE expectationsThe greenback strengthened against major currencies on Wednesday as investors questioned about the size of additional monetary easing by U.S. Fed and continued to reduce short...

The EUR/GBP rolls back from Fibonacci correction level 50.0. Nevertheless, it is expected that soon the pair will test the resistance level of 0.9160, where Fibonacci correction level 61.8 is placed.

USD/JPY:For quite a long period, and until the 25-10-2010 session, the evolution of the pair was clearly downward. Two sessions ago, the support of 80.86 was tested.NZD/USD:For several sessions already, the pair is navigating between 0.7550 and...

ForexPros Daily News October 27, 2010 Forex – EUR/USD tumbles to 5-day low on Fed easing doubts Forex Pros – The euro was down against the U.S. dollar on Wednesday, tumbling to a 5-day low after signs...

In a sudden shift the USD gained ground against the EUR on Tuesday while suddenly losing momentum against the GBP. Better than anticipated CB Consumer Confidence numbers were seen, but they were hardly earth shattering. Also the...

The U.S. dollar gained against most of its major rivals yesterday, for the first time in three days. The dollar’s recovery came due to speculations that the Federal Reserve will increase debt purchases.