The Dollar Index is still trading range bound between 80.40 and 79.00. The USD traded flat against the Euro, the Swiss Franc and the Aussie Dollar but appreciated by more than 70 pips against the Cable.
The USD/JPY pair rose slightly during the session on Monday as the bounce back from Friday’s selloff fails to impress. However, it should be noted that with the hurricane in the United States, the liquidity dried up...
The USD/CAD pair rose during the session on Monday and even managed to break above the parity level. This is a signal that the US dollar is going to continue to gain against the Canadian dollar. This...
The GBP/USD pair fell in a steady manner during the Monday session as the British pound in general weekend. We solve Pound weakness against the dollar, the Swiss franc, and the Japanese Yen. With this being said,...
The EUR/USD pair fell during the session as the Dollar gained in general against most currencies. Looking at this chart, you can see that we are trying to go higher overtime, but it is been a ridiculous...
The AUD/USD pair fell during the session on Monday as the “risk off” trade came back into play. However, with the hurricane bearing down on the New York/New Jersey area, we saw much less liquidity in the...
EURUSD. Reports Wednesday October 24 confirmed that the economic slowdown which has been plaguing the countries in Southern Europe is moving north. The German Manufacturing PMI (M/M) was down to 45.7 from 47.4 last month. The Services...
Despite a better than expected US GDP report on Friday, the US dollar took somewhat significant losses against the Japanese yen before markets closed for the week.
The Dollar Index is still trading range bound between 80.00 and 79.00. The USD traded flat against most of the FX majors, though mild correction was observed in the Cable after the Cable has appreciated during past...
USDCAD’s upward movement from 0.9632 extends to as high as 0.9993. Further rise is still possible after consolidation, and next target would be at 1.0100 area. Support is at 0.9800, only break below this level could trigger...
