The dollar declined versus riskier counterparts in early trading today, on speculations that emerging economies will let their currencies float freely and appreciate versus the USD. The rise of the Chinese yuan to the strongest level since...
Market Review – 10/11/2010 23:04 GMT Dollar rallies to one-month high against yen on high U.S. Treasury yields The greenback surged to one-month high against the Japanese yen on Wednesday as high U.S. Treasury yields prompted investors...
The EUR/USD is consolidating after the successful breakout of the support level 0.8626. Nevertheless, the viewpoint is still bearish.Earlier at a daily graph the EUR/GBP has formed the combination of candlesticks Bearish Engulfing, which indicates the downside...
European counties’ budget problems pressure the euro. Asian and European trading sessions Euro: Growing concerns over the European budget problems continued to pressure the euro. The EUR/USD pair decreased to $1,3850 mark. The rate managed to show...
ForexPros Daily Analysis November 10, 2010 EUR/USD On daily, testing its extension long at 1.3808. Line in sand is at 1.3696. If we break below, longs are broken.
USDCAD – 4 hour The 4 hour chart shows the recent drop in the USDCAD, touching the October lows today. The drop over the past 2 weeks has been swift with no significant countertrend pullbacks until yesterday’s...
The broad marketplace proved that it is part of a confidence game that is living on a razor’s edge. The USD continued to gain versus the EUR and GBP on Tuesday as it was hinted that the...
Hello. Let’s take a look at the USD/CAD. We see USD/CAD flirting with the parity line. Look for the pair to potentially break free and climb back upwards to test the 1.04000 area and above. Good luck...
The US dollar strengthened considerably yesterday moving past stops during the New York trading session and dragging commodity prices lower after gold and crude oil reached new highs.
Market Review – 09/11/2010 22:59 GMT Dollar surges broadly on risk aversion and rise in Treasury yields The greenback rose strongly against major currencies on Tuesday as investors became cautious ahead of G-20 meeting on Thursday and...
