06/27/2011 10:14 UTC GBP swings higher as it strengthens against the USD, JPY, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 2 out of 8, thus suggesting that the current swing may be...
06/27/2011 09:24 UTC EUR swings higher as it strengthens against the USD, JPY, NZD, CAD and AUD. Recent mid-term strength indicator reading for EUR is 4 out of 8, thus suggesting that the current swing may be...
Update Time: 27 Jun 2011 06:34GMT SPOT GOLD DAILY OUTLOOK – +1495.00+ Fri’s selloff below 1511.40 to 1499.00 signalsrecent erratic rise fm 1464.30 has formed a top.at 1557.70 on Wednesday n downside bias is seenfor stronger retrace....
All currency pairs against the USD will be sensitive to manufacturing data in the coming week, as well as to developments coming out of Europe as the quarter ending June 30 comes to a close. Two out...
The USD Dollar appreciates for the consecutive fourth day DXU11 found support at 75.00 ranges; short covering was witnessed in the US Dollar across the board especially against the Euro, the Cable and the Aussie Dollar on...
ForexPros Daily Analysis June 27, 2011 EUR/JPY Under Pressure Not that long ago the EUR/JPY was in a strong bullish mode. Following the G7 intervention to weaken the Yen, this pair rallied to 123.31, a large appreciation,...
Market sentiment remains on a razor’s edge as trading opens up this week. The developments in the Greek debt saga continue to cause nervousness as fears about a potential restructuring of obligations is rumored.
Debt concerns have taken center stage in the euro zone, with higher yielding assets like the GBP and EUR positioned to lose significant value if authorities fail to address the ominous drift to caution and reluctance among...
Market Review – 24/06/2011 21:29 GMT The single currency weakens broadly on Greek debt concerns Euro fell against the greenback on Friday due to renewed concerns over the possibility of disapproval of Greek’s austerity plan when the...
06/26/2011 23:45 UTC USD swings higher as it strengthens against the EUR, GBP, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 6 out of 8, thus suggesting that the current swing may be...
