The U.S Dollar depreciated traded flat against the Common Currency and the Cable; continued depreciation against the Aussie Dollar and the Swiss France.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
Market Review – 07/04/2011 19:48 GMT Euro falls as ECB Trichet turns cautious on more rate hike Euro declined on Thursday after European Central Bank President Jean-Claude Trichet said in a press conference following interest rate announcement that...
Greetings. It seems like we’ve been a sliding downward channel in the USD/CAD for a couple months now. We are currently at the bottom so although the underlying trend remains bearish, watch for a potential retracment back...
EUR-USD Daily time frame Time: 01:00 Rate: 1.4330
US dollar continues to loose its positions Asian and European trading sessions:
The Greenback depreciated more than 100 pips against the Euro, but EURUSD is approaching historical resistance zone of 1.4300 ranges. The U.S Dollar depreciated against the Aussie Dollar but remained range bound against the Cable for most...
The euro took some mild losses against the yen and US dollar during the Asian session ahead of today’s euro-zone Minimum Bid Rate, scheduled to be announced at 11:45 GMT. The European Central Bank is widely expected...
Today may turn out to be one to remember. The European Central Bank will be holding their monetary policy meeting and they are widely expected to raise their interest rate for the first time since 2008 with...
Market Review – 06/04/2011 19:59 GMT Euro rallies to a 14-month high ahead of ECB rate decision Euro rose broadly on Wednesday as ECB’s interest rate hike prospect continued to support the single currency. The European Central Bank...
The U.S. released its FOMC Meeting Minutes report on Tuesday and while it says the economy is making strides and has a stable to good outlook, it did express concern about inflation. This is interesting because only...
