The USD/CAD fell hard on Tuesday, and tested the 0.98 level as traders bought oil markets during the day. The market has been held hostage over the last several weeks by the movements in the Brent and...
The GBP/USD pair broke above the 1.60 area, but was quickly pushed lower as the resistance area held. The pair looks like it wants to build a supportive based here, but the truth is that is couldn’t...
EUR/USD found a bid on Tuesday again, and stopped at the 1.44 area. This pair looks like it wants to rise higher, but with the Greeks voting on austerity today, there are simply far too many headline...
The AUD/NZD market fell on Tuesday, but remains glued to the 1.30 area. The pair looks like it is winding up to make a move, but until that happens – we aren’t looking to trade this pair....
06/29/2011 10:22 UTC CHF swings lower as it weakens against the AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 8 out of 8, thus suggesting that the current swing may be...
ForexPros Daily Analysis June 29, 2011 Possible Descending Channel in NZD/USD With the financial world focusing on Greece, it is of no surprise that the European currencies are among the most volatile now. The Euro responds sharply...
Wall St. bought it up again in hopes that Greek austerity measures will pass in parliament, but given the low daily volume investors still remain sceptical. Down 1.1% for the nearly ended quarter, the Dow Jones Industrial...
The Dollar Index (DXU11) depreciates for the straight second trading session on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). Most of the depreciation was contributed by the Euro,...
The EUR climbed against the USD on Tuesday as investors grew in confidence that a deal that will resolve the current Greek debt problems will emerge. Today the Greek government is set to vote on austerity measures...
With the Greece parliament voting on its newly proposed austerity budget today, most traders will be fixated on the outcomes in order to adjust their investment portfolios accordingly.
