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
US Dollar appreciated across the board on the event for profit taking in key index of Dow Jones Industrials (DJIA). November, 2010 lows of 75.75 is expected to act as key support for Dollar Index (DX), March...
Common currency settled higher at 1.3901 on Friday and ended short-term down rally after finding support at 1.3752. EURUSD till it trades above 1.3750, trend may remain very much bullish. Swiss franc may lose further against the...
USDCHF remains in downtrend from 0.9774. The bounce from 0.9201 is treated as consolidation of downtrend. Another fall towards 0.9000 area would likely be seen next week. Resistance is at 0.9450, only break above this level could...
US Dollar appreciated across the board on the event for profit taking in key index of Dow Jones Industrials (DJIA). Dollar Index (DX), March basis has hit critical resistance at 77.35 on NYBOT on March 10, 2011....
The New-Zealand interest rate was reduced for 50 basic points.
Euro though settled marginally higher at 1.3903 against previous close of 1.3895 but under tone is likely to remain weak in near-term unless closes above 1.3990 on daily charts. Aussie Dollar, if close below 1.0027 on daily...
Concerns over the deteriorating debt crises in Euro-zone pressure the euro.
EURUSD settled lower at 1.3895 on profit booking at higher level. On daily closing below 1.3900, it can be seen testing 1.3711 in near-term. USDCHF rose after breaking key resistance of 0.9335 and may test 0.9521 in...
