EURUSD fared some of the losses after falling to day’s low of 1.3508 and closed marginally on a positive note yesterday at 1.3593 against previous close of 1.3583. Dow Jones continued the rally for 6th consecutive day...
Market review for 31.01 – 04.02, 2011
Dollar continued to rally for the second straight day on Friday 04th Feb, against every major pair after unexpected sharp decline in unemployment rate in US to 9.0 percent for January 2011 against median expectation of 9.5...
Being supported by 0.9300 previous low, USDCHF rebounded from 0.9328, suggesting that lengthier consolidation of downtrend is underway. Further rally is still possible in a couple of weeks and target would be at 1.0000 area.
Dollar strengthened against almost every pair on the back of positive US numbers released yesterday coupled with ECB President’s intention of not boosting interest rates in near future. ECB Monetary announcement dented the up rally of Euro,...
Sterling demonstrates strong growth. Asian and European trading sessions:
Dollar, after hitting a new low of 1.3861 since November 09, 2010, found support and managed to post positive close marginally against euro at 1.3815 yesterday against previous close of 1.3828. Tracking dollar, Dow Jones Industrial Average...
Increased demand for the high-risk assets pressures the greenback. Asian and European trading sessions:
Dollar extended its loss against euro and settled at 1.3828 yesterday after making days low of 1.3843. US stocks and Dow Jones advanced yesterday after ISM manufacturing Index beat estimate. Dow Jones Industrial Average made new high...
Instability in Egypt influences the market. Asian and European trading sessions:
