The GBP/USD pair initially had a very strong showing during the Wednesday session when word got out that the U.S. Congress agreed to a “fiscal cliff” deal. During Asian trading, we saw this pair shoot straight up...
The EUR/USD pair shot straight up during the session on Wednesday as word got out that the U.S. Congress had come to an agreement involving the so-called “fiscal cliff” during New Year’s Day.
The AUD/USD pair had a strong showing on Wednesday as the United States Congress seems to have come up with a solution to the so-called “fiscal cliff” debacle that has pushed markets around back and forth over...
There is market optimism in the global financial markets, and the safe haven US dollar is expected to fall against its Canadian currency counterpart. The bipartisan US Congress finally agreed to and voted for a budget deal...
Higher-yielding assets, including crude oil and the British pound, turned bullish to start off the week, as hopes that US lawmakers would reach a budget agreement encouraged risk taking before markets closed for the New Year’s holiday.
Market Commentary The US Dollar traded mixed on the last day of 2012 wherein it has depreciated against the Cable and continued appreciating against the Yen and traded flat against the Euro, Swiss France and the Aussie....
The USD/JPY pair managed to gain rather significantly during the shortened Monday session as word got out that the lawmakers in Washington DC may perhaps be coming close to a deal with the fiscal talks. As you...
The USD/CAD pair initially rose during the session on Monday, but turned around and fell fairly significantly. The resulting candle is a bit of a shooting star, but looks more bearish than that simple observation.
The GBP/USD pair shot straight up during the session on Monday as the cable pair still looks outstandingly strong. Within this chart, we still see the 1.63 level as a significant resistance area, but all in all...
The EUR/USD pair continued to bounce around in the relatively tight consolidation area that we’ve seen over the last couple of weeks. The 1.3150 level continues offer support, as the 1.33 level continues offer resistance.
