China demonstrates industrial production growth.
The U.S Dollar traded mixed against the major pairs, wherein it has appreciated by more than 100 pips against the Swiss Franc and depreciated by more than 60 pips against the Aussie Dollar and traded flat by...
New earth-quakes in New-Zealand pressured the national currency.
The Dollar Index (DXM11) after taking support at 73.50 recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support and 75.00 acting as resistance only weekly close...
Market review for 6 – 10.06, 2011
The Dollar Index (DXM11) after taking support at 73.50 ranges, recovered beyond 74.50 ranges to currently trade at 74.80; DXM11 may trade sideways with 73.40 acting as very important support; only weekly close below 73.40 would result...
USDCHF stays below a downtrend line from 0.9774 to 0.9339, and remains in downtrend. Further fall is still possible in a couple of weeks, and next target would be at 0.8000-0.8100 area. Resistance is at the downtrend...
The Dollar Index (DXM11) has taken critical support from 73.40 ranges and can trade sideways facing resistance at 74.80-74.90 ranges. For key equity index – Dow Jones Industrials (DJIA), 11600-11700 ranges is expected to act as final...
Demand for the save-heaven assets grows. Asian and European trading sessions:
Euro continues to be supported by a number of factors.