The USD/CHF fell on Tuesday, breaking the 0.83 level, but managed to form a hammer on Tuesday. This shows that there is a possible bounce coming in this market. The pair isn’t one we would buy, but...
The Dollar Index (DXU11) depreciates for the straight second trading session on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). Most of the depreciation was contributed by the Euro,...
Expectations for the Greek parliament decision.
The Dollar Index (DXU11) depreciates after appreciating four consecutive sessions on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). Most of the depreciation was contributed by the Euro, other...
As a result of the previous trading week, US dollar demonstrated a winning position. Nevertheless, a first few days were negative for the greenback.
The USD Dollar appreciates for the consecutive fourth day DXU11 found support at 75.00 ranges; short covering was witnessed in the US Dollar across the board especially against the Euro, the Cable and the Aussie Dollar on...
USDCHF continued its downward move from 0.9774, and the fall extended to as low as 0.8318. Further fall could be expected in a couple of weeks, the next target would be at 0.8000 area. Resistance remains at...
The USD Dollar appreciates for the second consecutive day though most of the other major FX majors especially the Euro and the Aussie Dollar recovered by the end of New York trade due to bargain buying witnessed...
Dramatic drop of the pound. Asian and European trading sessions: Euro: During the morning trading the euro was supported by the strengthened market participant’s hope for the positive outcome of the Greek external debt problems. Therefore, the...
The USD Dollar appreciates across the board, especially against the Cable wherein the Greenback appreciated by more than 150 pips; against the Euro, Aussie Dollar and the Swiss Franc, the USD appreciated marginally. Profit taking witnessed in...