Demand for the risky assets is coming back. Asian and European trading sessions: Euro: The EUR/USD pair traded in the range of $1.4145-$1.4185. Market participants are waiting for the Euro-zone leaders’ summit, planned for the end of...
The Greenback continued weakening a midst stronger equity bourses across the globe, especially the key index of Dow Jones Industrials (DJIA). Yen has stabilized against most of the major pairs, after exhibiting unprecedented volatility during last week.Non-homogenous...
Market review for 14 – 18.03, 2011
The U.S dollar traded mixed against the major pair, especially the Japanese Yen, where in it has gained by more than 100 pips on Friday. Volatility is expected to continue due to volatile Japanese Yen. Dollar Index...
AUDUSD may be forming a cycle bottom at 0.9704 level on daily chart. Further rise towards 1.0255 previous high would likely be seen in a couple of weeks, a break above this level will indicate that the...
Huge volatility is witnessed in the Japanese Yen vis-à-vis most of the currency pairs, especially against the Greenback and the Common currency. Volatility may continue till the economic impact of tsunami which leveled northern Japan on March...
The USD/JPY sets its 16-year minimum today.
Huge volatility was witnessed yesterday, especially against the Japanese Yen. The Greenback has weakened by more than 500pips against the Yen during the U.S trade, before finally closing 200 pips lower. EURJPY cross also witnessed huge volatility...
US Dollar remained strong during the Asian trading session and during most of the European trading session but has lost ground during the U.S trading session on the event of late recovery in the key index of...
Market review for 7 – 11.03, 2011