Market Review – 26/10/2010 22:48 GMTDollar surges against yen on speculation of BOJ’s interventionThe greenback rallied against yen on Tuesday as Japanese Finance Minister said yen’s movement seemed one-sided and warned authorities might weaken yen’s strength. Dollar...
ForexPros Daily News October 26, 2010 Forex – GBP/USD soars to 4-day high after upbeat U.K. GDP data Forex Pros – The pound was up against the U.S. dollar on Tuesday, soaring to a 4-day high after...
EUR/USD: The pair started to increase after a few downtrend oriented sessions. However, a vain breach of the resistance 1.4011 occurred and the pair started to decrease back. AUD/JPY:After several weeks without any specific orientation, the pair...
EURJPY The EURJPY continues to slide, and has settled into a descending trading channel. Today’s tag of the upper channel line was marked with a doji candlestick, followed by a strong drop down.
The USD had a repeat performance on Monday basically copying its range trading that took place before going into the weekend. The USD has gained slightly against the GBP, but continues to struggle against the EUR and...
The EUR has consolidated in range against the USD the past week as it has shown little inclination to give back its gains. Greece continues to spark interest among investors who still hear plenty of warnings that...
Greetings and welcome back! It’s hard to believe it’s already the end of October – this time of year always seems to fly by. Here is our analysis for the USD/CHF.
The Sterling has underperformed the past week and a half compared to the other major currencies when gauged against the USD. The reason for this is because the U.K. is known to be struggling with its stated...
The JPY continued to find itself moving towards the strongest realms of its value against the USD on Monday. Trading has been fairly consolidated within the Japanese currency and many investors are keeping their collective eyes on...
Regardless of an agreement at the weekend’s G20 summit to avoid a currency devaluation war, investors have begun to price in the expectation of an asset purchasing facility by the Fed following their upcoming policy meeting on...
