European counties’ budget problems pressure the euro. Asian and European trading sessions Euro: Growing concerns over the European budget problems continued to pressure the euro. The EUR/USD pair decreased to $1,3850 mark. The rate managed to show...
Most of the previous week saw the high-risk assets’ growth and the greenback was demonstrating a decreasing dynamics. On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and fell to $1.3950.
USDCHF has formed a cycle top at 0.9971 level on 4-hour chart. Range trading between 0.9463 and 0.9971 would more likely be seen in a couple of weeks.
The next FOMC quantitative easing measures are driving the markets. Asian and European trading sessions: Euro: On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and decreased to $1.3950.
The greenback demonstrated diverse trading activity this week. On Monday the EUR/USD pair grew and reached the $1,4000 level. The released Euro-zone industrial new orders showed considerable increase over the predicted data. The stock markets growth also...
USDCHF’s bounce from 0.9463 extended to as high as 0.9928 level. Further rise to 1.0000-1.0100 area to reach next cycle top on daily chart is expected next week.
The greenback reaches weekly maximums against the euro and the yen. Asian and European trading sessions: US Dollar: Speculations regarding the positive impact from the US quantitative easing policy rendered support to the greenback on Wednesday, which...
The sterling increased as the positive UK economic activity was released. Asian and European trading sessions: Euro: The EUR/USD pair traded in the range of $1,3900-$1,3980. US Dollar: On Tuesday the greenback showed stabilization against the euro....
During the beginning of the previous trading week the greenback gained some strength against the background of the euro weakening. Expectations for the release of the Euro-zone fundamentals, which were planned to be published on Tuesday, pressured...
USDCHF formed a cycle bottom at 0.9463 level on daily chart. Further rally is still possible next week and target would be at 1.0000 area. However, the bounce from 0.9463 is more likely consolidation of downtrend from...
