Elevated oil rate supports the commodity currencies.
EURUSD may find stiff resistance at 1.3955 ranges. Common Currency though settled positive but caught in 1.3700-1.3865 range since last three days. USDCHF may pair some of the price losses in near-term till its trades above 0.9230....
This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly be made clearer. Today’s report on US personal spending at 12:30 GMT may...
Market Review – 28/02/2011 19:49 GMT Euro n cable rise on speculation Fed’s Bernanke continues stimulative policy The euro rose on Monday on speculation the Federal Reserve Chairman Ben Bernanke would iterate his supportive stance on the...