The US Dollar traded mixed wherein mild correction was seen in the Euro and the Aussie Dollar; though it has traded strong against the Cable, the gains faded by the end of New York close; where as...
The AUD/USD pair fell on Tuesday, but looked to find support at the 1.07 area. The pair is in a strong bullish market, so we prefer buying on the dips – at least until 1.05 gives way....
The pair is evolving in a trading range between 1,0450 and 1,0790. The upper bound of the range has offered a great resistance lately and we might see a continuation of the move towards the daily 20...
Comments of the S&P agency regarding the Greek default pressured the euro.
Wall Street was closed today for Fourth-of- July Holiday and our attention remain focused on Europe. Just as quickly as EU officials thought they were out in the clear of the Greek debt crisis, the rating agencies...
The Dollar Index (DXU11) traded flat also trading was sluggish yesterday evening on the event of U.S Independence Day.
The AUD/USD fell in Asian trading on Monday as building approval and retail sales announcements disappointed the market. The truth is that the Aussie is still in a massive uptrend, and we won’t sell it. We are...
Despite the recent strong move upward, the AUD/USD is still evolving in a trading range and it is now carving out some kind of top ahead of 1,08 which need to be confirmed though.
Market review for 27.06 – 01.07, 2011 Previous trading week saw strengthening of the euro and other high-risk currencies. Monday,
The Dollar Index (DXU11) traded mixed wherein the USD has depreciated against most of the FX majors where as the USD has traded flat against the Japanese Yen and depreciated against the Swiss Franc.Key equity index, Dow...
