The USD/CAD pair was little changed on Tuesday, where the U.S. dollar slightly rose against majors, while commodity prices eased, nevertheless, a crushing victory by the Conservative party in the elections helped the Canadian dollar to gain...
The EUR/USD pair had a slightly bullish day today again, but the charts are starting to look a little tired at this level. It cannot be ignored that the last two days have formed shooting stars, and...
The broad markets remained rather tentative on Tuesday as investors continue to show weariness ahead of tomorrow’s Central Bank policy meetings via the ECB and BoE. The USD did pick up some ground against the GBP, but...
Cable succumbed to profit taking against the Greenback; after the Dollar Index (DX) hitting low of 72.90 ranges, the U.S Dollar stabilized against most of the FX majors; tight trading pattern was observed in EURUSD, USDJPY, USDCHF...
The Australian dollar has weakened versus the US dollar and other major counterparts after the Reserve Bank of Australia kept rates unchanged at 4.75% for the fifth straight month, damping demand for Aussie.
The EUR/USD pair had a slightly bullish day today, as the market is starting to look a bit tired. The 1.49 area is proving difficult, but the trend is firmly up from here, and any move down...
Investors will wait for PMI construction, mortgage approvals, and M4 money supply from the UK as of 08:30 GMT. The data may have impact on the pound’s movements versus the dollar after the drop in PMI manufacturing...
The Swiss economy lacks fundamentals today, thus main highlight will be on US data. At 12:15 GMT then 14:00 GMT, the U.S economy is set to release ADP employment change where it is expected to decrease to...
The EUR/USD was under negative pressure on Tuesday and moved south most of the day on a stronger dollar amid risk aversion and rising debt woes in the euro area.
Market Review – 03/05/2011 20:02 GMT Euro little changed against the dollar after Portugal reached an agreement with EU and IMF Euro showed little reaction against the dollar on Tuesday after Portugal reached an agreement with European...
