The USD maintained its bullish trend yesterday, as strong employment data out of the US last week boosted investor confidence in the American economic recovery. The EUR/USD dropped as low as 1.3078 during the morning session yesterday,...
The USD/CAD pair rose a bit during the session on Monday as oil prices fell. The pair still has a lot of weigh hanging overhead, so this bounce does little to inspire confidence for the bulls though....
The AUD/USD pair fell during the session as the risk appetite of the markets fell on the whole. The end of the session saw a little bit of a bounce in this market, and the resulting candle...
The USD/CHF pair fell for the bulk of the Monday session, even after initially rising in value. The pair ran headfirst into the 0.92 level, and found it a bit too taxing to rise above. The level...
The GBP/USD pair fell during the Monday session as the “risk off” trade came into play. It should be noted that the attitude wasn’t of panic or any such thing – it was simply calm before the...
The USD/JPY pair fell slightly during the session on Monday in otherwise light trading. The stock markets were quiet, as were the futures markets. The pair has recently moved up quite strongly, so a pause isn’t too...
The EUR/USD pair fell at the open for the Monday session, but bounced in order to form a hammer at the top of serious support. The support level, which runs from the 1.29 to 1.31 levels, should...
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...
Market review for 5 – 9.03, 2012
A better than expected US Non-Farm Payrolls figure boosted the USD against its main currency rivals to close out last week’s trading session. In yet another sign that the economic recovery is moving forward, the US added...
