As the debate on international imbalances intensifies, China’s monetary policies are coming under direct pressure and could have significant impact on the US bond market, which may be partially behind the USD’s decline since yesterday evening.
The AUD/USD currency pair is rolling back after it could not break the resistance level at 1.0600. As mentioned before, if the support level 1.0400 is broken, long positions should be closed as it will cause a...
Greece announced of the necessity to write off part of its debt
U.S. stocks ended a choppy session modestly higher Wednesday, finding support from strength in oil prices and technology shares as a decline in the financial sector kept gains in check. The Dow Jones Industrial Average closed up...
EUR-USD Time:19.30 Rate:1.4477 Strategy: short Daily time frame The price was not able to break out another day the level of 1.4520, and the upper side of the parallel upward channel. Most likely the price will decrease...
Consolidated trading was loud and clear on Wednesday as the currencies, equities, and many of the commodities stood in place compared to their rather swift moves from the past week. The USD continued to find itself on...
U.S Dollar traded flat yesterday against the Common Currency, the Cable and the Aussie Dollar. The Swiss Franc continued strengthening against the Greenback, hitting all time high of 0.8900 made on March 16, 2011.The Dollar Index (DX)...
The euro zone’s fundamental data have lately been showing growing weakness in the region as global industrial production begins to slow on Japan’s nuclear crisis and soaring oil prices. Monetary policy adjustments have many currencies trading more...
Market Review – 13/04/2011 20:40 GMT Euro retreats from 15-month high as President Barack Obama plans to cut U.S. budget deficit The single currency retreated from a fresh 15-month high on Wednesday due to lingering concerns over Greek...
The risk level of NPP Fukushima was increased to its maximal point
