Asian Nervousness Rises
The EUR came off the higher parts of its range on Monday against the USD. It remains to be seen if this is merely profit taking via speculative positions or a sliver of doubt coming into the...
Month: April 2011
US Dollar Gains after FOMC Statements Monday
The greenback’s latest reprieve may be partially explained by a relaxation in demand for commodity-linked currencies, like the Aussie and Canadian dollars. Moreover, a series of dovish statements from members of the Federal Open Market Committee (FOMC)...
12th April, 2011 – Daily Forex report by GFM Research
U.S Dollar strengthens on the event of profit booking in most of the equity bourses across the world. Correction was seen yesterday in EURUSD, GBPUSD and AUDUSD. The Japanese Yen has strengthened after hitting historic resistance zone...
Daily FX Market Outlook by AceTrader 12-4-2011
Market Review – 11/04/2011 20:14 GMT Euro retreats from 15-month high on long liquidation Euro retreated on Monday on long liquidation after recent ascent following a strong rise to a 15-month high of 1.4489 last Friday due to...
Forex Metal Weekly Newsletter
Market review for 4.04 – 8.04.2011
Daily Market Review for the 11.04.2011
AUD/JPY Time: 08:00 Rate: 89.50 Strategy: Short Daily time frame
Daily Market Review for 11/04/2011 by SolidityBrokers.com
Fundamental Analysis Given last week’s consolidation trend on Wall Street, this week should turn out to be quite interesting. According to data from FactSet Research, companies in the S&P 500 Index are expected to show first-quarter earnings growth...
Weekly Analysis April 11 to Friday April 15 2011 by SolidityBrokers.com
For the coming week we expect markets to continue in the same direction as the previous week. Look for the US dollar to depreciate, the Canadian dollar to rise and for the commodity markets to get ever-hotter....
11th April, 2011 – Daily Forex report by GFM Research
The U.S Dollar depreciated across the board. The Aussie Dollar and the Euro out performed compared to other FX majors against the Greenback.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
The Perplexing EUR
The EUR continued its momentum on Friday against the USD and has begun to leave some traders scratching their heads in wonder. Gold and the AUD also have continued their respective gains as both are within record...