COT (Commitment of Traders) COT Report, 25 September 2012. Once again the speculators combined net short position in the USD climbed higher. It is now up to 267,878 total contracts in the currencies and the DI tabulated...
The US dollar saw gains against most of its main currency rivals before markets closed for the weekend on Friday, as concerns regarding Spanish debt continued to boost safe-haven currencies. Worries about Spain were also largely responsible...
EUR-USD Monthly chart Last month review
The USD/JPY pair rose during the Friday session as we slammed back into the 78 handle. However, that level continues to be resistive and the market could not hold that price. Nonetheless, we think that this market...
The USD/CAD pair fell during much of the session, but bounced at the 0.98 handle in order to prove the area supportive yet again. Right now, it looks like we have a serious fight on our hands...
The GBP/USD pair fell during the session on Friday as the 1.63 level continues to be a bit too resistive for this currency pair. However, we are still bullish of the British pound, and think that any...
The EUR/USD pair initially rose during the Friday session, but fell once we get close to the 1.30 handle. The resulting move have the market falling down towards the 1.2850 level, and the candle does in fact...
The AUD/USD pair fell during the session on Friday in order to retest the hammer from the Wednesday trading session. The 1.03 level below seem to be supportive, and as such we think that there is a...
On Friday, 28-09-12, the US Dollar traded weak for most of the European session; but appreciated during the American session on the event of profit taking witnessed on most of the asset classes, especially the bench mark...
In the previous European trading session, the Euro lost versus the US dollar, despite the seemingly positive result of the Spanish bank stress test, as markets remain doubtful whether Spain would ask for a bailout or not....