Following yesterday’s losses, the US dollar has the potential to stage a bullish correction today providing that this week’s Unemployment Claims figure comes in as predicted. Analysts are currently forecasting a number of around 411K, which if...
Market Review – 09/02/2011 20:10 GMT Euro rises as Fed’s Bernanke expects U.S. unemployment rate remains high Euro rose on Wednesday after Federal Reserve Chairman Ben Bernanke reiterated U.S. unemployment would remain high together with the fall...
H4 The consolidation on the AUD market has continued. While on Monday the prices were moving in a quite narrow sideways corridor, on Tuesday the volatility grew.
EURUSD managed to post second consecutive positive close at 1.3625 against previous close of 1.3593 – just trying to set in bullish momentum once the daily closing happens beyond 1.3700 ranges. In case of EURUSD, till it trades above...
The euro gained against the U.S. dollar and Japanese yen in late trading Tuesday as stronger Japanese equities prompted investors to buy back the risk-sensitive currency, pushing it further off the two-week low against the greenback that...
Market Review – 08/02/2011 20:07 GMT Euro rises on active cross buying Euro rose in volatile trading on Tuesday. Although euro ratcheted higher from Asian low of 1.3573 to 1.3667 in European morning, the single currency retreated...
Earlier on a 4-hour graph the EUR/GBP has formed candlestick combination Piercing Line, which indicates upside movement.
Concerns over the instability in Egypt. Asian and European trading sessions:
Yesterday’s trading began with a sharp decline for the euro, following a disappointing German Factory Orders report. However, the euro managed to correct most of its losses afterwards on speculation the ECB might hike interest rates in...
EURUSD fared some of the losses after falling to day’s low of 1.3508 and closed marginally on a positive note yesterday at 1.3593 against previous close of 1.3583. Dow Jones continued the rally for 6th consecutive day...
