A False Calm?
The USD saw its ranges get tested by the EUR on Tuesday. As equity markets declined globally on fears that transpired because of the Japanese crisis, currencies began to move off of their consolidated ledges. The price...
Month: March 2011
Japanese Nuclear Plant Crisis Creating Risk Flight; Boosting USD
The US dollar corrected losses against most of the major currencies over the past few days, as data showed that global recovery might take longer than expected. This decreased risk-appetite in the market and turned investors to...
16th March, 2011 – Daily Forex report by GFM Research
US Dollar remained strong during the Asian trading session and during most of the European trading session but has lost ground during the U.S trading session on the event of late recovery in the key index of...
EUR/USD Analysis
Greetings. Let’s take a look at the EUR/USD hourly chart. AS you can see, we’ve seen some moves and because the previous high from earlier in March is acting as resistance, look for a potential drop down...
Daily FX Market Outlook by AceTrader 16-3-2011
Market Review – 15/03/2011 20:21 GMT The Japanese yen surges broadly as Japan nuclear crises triggered active risk aversion The Japanese yen rallied against all of its counterparts on Tuesday as nuclear crises in Japan worsened, fueling speculation...
Forex Metal Weekly Newsletter
Market review for 7 – 11.03, 2011
Daily Market Review for the 15.03.2011
GBP-JPY It can be seen that the price has got to the down side of the parallel descending channel (fragmentary purple line), stopped and a green candle opened which signifies reversal pattern if and when a confirming...
Questions & Fears Regarding Japan
Consolidation was largely seen in the currency and commodities markets on Monday as caution became the general theme due to the developing story in Japan. Equities however remain under considerable strain on many bourses as investors react...
Federal Funds Rate Leading Event in Today’s Market
The Federal Reserve is expected to keep its benchmark Interest Rate unchanged near zero today, as traders get ready for a busy news cycle. The Fed Statement is expected to provide an assessment of the current economic...
15th March 2011 – FX Daily Report by GFM Research
US Dollar appreciated across the board on the event for profit taking in key index of Dow Jones Industrials (DJIA). November, 2010 lows of 75.75 is expected to act as key support for Dollar Index (DX), March...