The euro remained bullish in overnight trading as investors eagerly await the results of the ECB meeting scheduled to take place tomorrow. It is widely anticipated that the ECB will raise euro-zone interest rates, a move which...
The U.S Dollar depreciated mare than 200 pips from the lows against the Cable; while the Greenback traded flat against the Euro, Swiss Franc and the Aussie Dollar; the U.S Dollar continued appreciating against the Japanese Yen...
Market Review – 05/04/2011 19:47 GMT Euro strengths in U.S. session on weaker-than-expected U.S. ISM non-manufacturing index Euro rose strongly in U.S. session on active shorting covering on Tuesday as the lower-than-expected U.S. ISM non-manufacturing index raised concerns...
Uncertainty in the FRS interest rate decision expectations. Asian and European trading session:
EUR/USD pair is rolling back after it failed to test the 1.4278 resistance level. As mentioned before, a break of this level will target the pair to 1.4577. Earlier in the intraday chart EUR/USD shaped a Bullish...
The U.S Dollar strengthened against the Euro and the Aussie Dollar but traded flat against the Cable, Japanese Yen and the Swiss Franc. Fed’s policies due for release late night would provide key direction for the FX...
AUD/USD Time: 07:00 Rate: 1.0330 Strategy: short
As expected, the Reserve Bank of Australia held rates steady at 4.75% in light of the natural disasters in the region and RBA Governor Glenn Stevens will speak later today regarding future Australian monetary policy. In the...
The broad markets turned cautious on Monday as the USD basically stood in place against the EUR and GBP with limited range movement. The JPY continued to languish near the weaker parts of its value and the...
Market review for 28.03 – 1.04.2011
