The Beige book report showed moderate US economy growth. Asian and European trading sessions: Euro: On Wednesday the EUR/USD rate grew and reached the $1,3856 level. US Dollar: The expectations for the release of the Beige book...
The risk appetite grew again. Asian and European trading sessions: Euro: Expectations for the release of the Euro-zone fundamentals, which should be published tomorrow, pressured the euro. According to the forecasts, the Euro-zone ZEW survey (economic sentiment)...
The greenback was under serious pressure during the whole week and the EUR/USD pair has reached new maximums. On Monday the euro continued to trade around its 8-months maximums against the greenback. According to the experts’ opinion,...
USDCHF’s bearish movement extended to as low as 0.9463 level. Deeper decline is still possible next week and next target would be at 0.9200-0.9300 area. Resistance is at 0.9727, only break above this level could indicate that...
Positive Asian economic data supported the risk appetites. Asian and European trading sessions: Euro: Expectations for the release of the strong European statistics pushed the EUR/USD rate to the maximums of $1.3982. The Euro-zone industrial production indeed...
EURJPY On the 4 hour, the EURJPY traded in a rising channel for 4 weeks, from mid September until this week. Prices have now broken through the channel, and after a quick test of the channel as...
The US dollar rate shows technical correction. FOMC meeting is in focus. Asian and European trading sessions: Euro: The EUR/USD pair slipped as low as the $1.3775 mark, as investors showed less demand for the high-risk assets....
The greenback continues to be under pressure. Asian and European trading sessions: Euro: On Monday the euro continued to trade around its 8-months maximums against the greenback. According to the experts’ opinion, the euro was overbought, and...
During the whole previous trading week the euro was demonstrating strength over the weakening US dollar. But on Monday the euro was under temporary pressure due to the negative influence from the European banking sector. The released...
USDCHF continues its bearish movement from 1.1730 and the fall extended to as low as 0.9555 level. Further decline is still possible next week and next target would be at 0.9400 area. Resistance is at 0.9845, as...
