American shares on Thursday rebounded from Wall Street’s longest losing stretch this year, after a narrowing of the U.S. trade gap offered hope the recovery might not be as weak as thought. The government also reported a...
With the US economy releasing a series of soft data reports, and President Obama falling in public opinion polls, the euro zone should be set to make a major jump against its Atlantic rival should it be...
The USD gained against the EUR on the heels of the ECB press conference anchored by President Trichet. While signaling a possible rate hike in July, the ECB President also added that inflation appears ready to moderate....
Please find hereafter our daily update on the majors as of June 10th 2011. (Click on the dedicated link to access our forum post with the chart).
ForexPros Daily Analysis June 09, 2011 Gold is about to hit its historical highs The gold’s price is back to its historical highs again. Many analysts and individual investors had estimated that the gold would not get...
Market Review – 09/06/2011 21:34 GMT Euro falls after ECB dampened expectations for further rate rise and renewed Greek debt uncertainty The single currency tumbled against the greenback on Thursday after European Central Bank lowered inflation forecast...
06/09/2011 15:50 UTC AUD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 1 out of 8, thus suggesting that the current swing may be...
06/09/2011 13:57 UTC CAD swings higher as it strengthens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for CAD is 2 out of 8, thus suggesting that the current swing may be...
Demand for the save-heaven assets grows. Asian and European trading sessions:
EUR/GBP Time: 21.30 Rate: 0.8895 Strategy: short Daily time frame The price got to the target of the wolf waves (the connecting line between point 1-4), created an upside down candlestick (the last red candlestick) and we...
