Economic data from the United States and the U.K. continued to mirror projections that the global economy is facing hurdles. The Core Durable Goods Orders numbers from the U.S. on Wednesday came in negative. While the GDP...
Hello everyone. Let’s take a look at the EUR/GBP hourly chart. We saw a high in May and am currently in a movement down. Look for the downward trend to continue, potentially to the .8500 area and...
The Dollar Index (DXM11) slips again from 76.50 ranges; on the event of weaker than expected economic data, profit taking was witnessed in the dollar long positions. The Cable appreciated the most followed by the Euro and...
05/26/2011 06:57 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, CHF and CAD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
05/26/2011 01:38 UTC AUD swings higher as it strengthens against the USD, JPY, CAD, CHF and EUR. Recent mid-term strength indicator reading for AUD is 3 out of 8, thus suggesting that the current swing may be...
Market Review – 25/05/2011 20:46 GMT Euro pares intra-day losses on hawkish comments from ECB membersThe single currency pared intra-day losses against the dollar on Wednesday after hawkish comments from European Central Bank (ECB) Executive Board member...
05/25/2011 14:58 UTC JPY swings lower as it weakens against the GBP, CHF, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
05/25/2011 14:48 UTC USD swings lower as it weakens against the GBP, CHF, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...
Positive Euro-zone statistics rendered temporary support for the euro.
05/25/2011 11:08 UTC NZD swings higher as it strengthens against the USD, JPY, AUD, EUR and CAD. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...