Market Review – 06/12/2010 21:40 GMT Euro falls as European officials split on bailout fund increase The single currency remained under pressure on Monday as European officials showed divisions over the expansion of the eurozone bailout fund.
Earlier on a daily graph the AUD/USD has developed the combination of candlesticks Bullish Engulfing that indicates the uprising movement, confirmed further.
The previous week was marked by the greenback new 2-months maximum. And the week has already started with sharp drop of the euro. According to the released information, European officials offered Ireland an 85 billion euro bailout. The concerns...
ForexPros Daily Analysis December 06, 2010 Euro: Daily: Euro is reacting to 50% short at 1.3378 (line in sand 1.34749, with target at 1.27715). See if it holds. The only other major resistance level is the full...
AUDUSD The Australian dollar bounced smartly on Friday, bringing levels up to a critical region. Prices stopped right at the 61.8% Fibonacci retracement which often provides significant resistance. The rally stopped just shy of the very strong...
The broad markets turned in another complicated day before going into the weekend as the U.S. Non Farm Employment Change turned in a dramatically disappointing figure which showed a gain of only 39k (a far cry from...
While the USD and EUR both are faced with serious questions, the GBP is not far behind when it comes to mixed economic data. Today the BRC Retail Sales Monitor will be published. Tomorrow the U.K. will...
The JPY picked up quick ground on Friday and early trading today, on the heels of the U.S. jobless report as Asian investors have exhibited again a tendency to use the Japanese currency as a safe haven...
Last week’s session ended with a rather disappointing U.S. Non-Farm Payrolls data as payrolls increased by merely 43,000 in November. As a result, the Japanese yen, and commodities such as gold and crude oil, have rallied. The...
Market Review – 03/12/2010 20:34 GMT The greenback tumbles broadly on surprisingly weak U.S. jobs report The dollar dropped sharply against most of its counterparts on Friday as data indicated U.S. non-farm payrolls created far less than...
