The AUD/USD pair rose during the session on Wednesday as the Australian dollar bounced from the 1.0250 handle. However, we have been bouncing around so much lately that it is hard to tell exactly what the market...
The EUR/USD pair fell during most of the session, but bounced off of the 1.2950 area in order to form a hammer for the trading day. This does look rather bullish, but we have trouble thinking that...
The GBP/USD pair had a strong session on Wednesday as we bounce back above the 1.60 handle. At this point time, it looks as if the market wants to trying to form some type of base in...
The USD/CAD pair bounced around during the session on Wednesday in order to hover right around the 0.99 level. The general vicinity of 0.99 to the 0.9950 handle is where the market has been hanging about lately,...
The USD/JPY pair had a very quiet session on Wednesday as we essentially went nowhere by the end of the day. We currently hover around the 79.75 level, just under the all-important 80 handle.
The euro had another bearish day yesterday, following the release of worse than expected German economic indicators during the morning session. The news led to fears that the euro-zone’s biggest economy may be slipping into recession, which...
Weak Euro Zone economic fundamentals caused the decline of the Euro in the previous European trading exchanges, while the Great British pound gained on speculations that the UK economy would avoid recession in the third quarter of...
The Dollar Index is still trading range bound between 80.30 and 79.00. The Greenback traded flat yesterday after steep rise witnessed during past couple of days on the event of sell off in most of the asset...
Central bank pronouncements from New Zealand earlier and the US yesterday are presumed to strengthen the Kiwi opposite the US dollar in today’s exchanges.
The Euro suffered losses versus the British pound on growing concerns that the debt crisis is worsening. The Sterling gained on the other hand as mortgage approvals rose to the highest level in September since April of...
