In the previous European trading session, the Euro lost versus the British pound after the Spanish government revealed economic reforms which are deemed by many as the initial step before it requests for bailout from the Euro...
The USD/JPY pair fell during the session on Thursday, but remained above the 77.50 level. This market is currently being buoyed by the Bank of Japan, and as such we are not willing to sell it. Yes,...
The USD/CAD pair fell during the session on Thursday, in order to retest the 0.98 level for support. So far, it has found it but it should be suggested that the overall trend is certainly to the...
The GBP/USD pair rose during the session on Thursday after printing a nice-looking hammer on Wednesday. We have suggested that the 1.62 level was going to be rather supportive, and as such this move really didn’t surprises.
The EUR/USD pair fell originally during the Thursday session, but bounced in order to form a hammer centered around the 1.29 level again. This is the second day in a row we have seen this, and as...
The AUD/USD pair shot straight up like it was launched from a cannon on Thursday after printing a nice hammer on Wednesday. The risk on trade came back into focus, and as such it looks like we...
The US Dollar resumes down trend as after testing intermediate resistance of 80.00 ranges resulting in most of the asset classes, especially the equities appreciating. The Greenback has lost most against the Cable continued by the Aussie.
In the previous Asian trading exchanges, the Australian dollar won versus the Japanese yen on speculations that the Chinese government would do more to trigger faster economic growth and boost equities, thereby resulting to a rally in...
Market review for 26.09.12: The safe haven assets, the Dollar and the Yen strengthened today. Asian and European trading sessions:
Cash injection by the Chinese central bank earlier today looks unlikely to sustain a spur in risk appetite in the financial markets. Looking at the technical inclination of the USD/CAD pair, gains are being had by the...
