Both the JPY and AUD have proven ripe for picking the past few sessions. With the renewed strength of the USD sweeping through and the price of commodities finding some downside pressure both the JPY and AUD...
US Dollar strength continues into the new week of trading as events surrounding Ireland and Greece push FX traders into safe-haven positions on the greenback.
Market Review – 15/11/2010 23:10 GMT Euro tanks to a 6-week low against dollar on concern over European sovereign-debtThe single currency sank to a 6-week low against dollar on Monday as worries about Irish sovereign debt prompted...
The USD/CAD currency pair has strongly rebounded from the support level of 0.9980. In whole, the USD/CAD is continuing to consolidate near multi-month lows.
During the whole previous week the greenback showed considerable consolidation against the background of the weakening euro. For example, on Monday concerns over the budget deficit of Ireland pressured the euro. The additional negative influence came from...
ForexPros Daily Analysis November 15, 2010 1) Forex Trading Signal For EURUSD Forex Trend Analysis The overall trend for EURUSD this week is DOWN.
GBP/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/GBP_DAILY_151110.JPG
The euro is currently trading near a 6-week low vs. the dollar amid the Irish debt crisis. Ireland has denied speculation it was seeking an aid package before tomorrow’s meeting of European finance ministers. It was also...
Market Review – 12/11/2010 21:04 GMT Euro surges against dollar on speculation of a EU bailout plan for IrelandDespite extending recent decline to 1.3573 in European morning on Friday, the single currency finally staged a strong rebound...
Being contained by 0.9930 support, USDCAD may be forming a double bottom pattern at 0.9979 level. Bounce towards 1.0378 key resistance would more likely be seen next week, a break above this level could bring price to...
