U.S Dollar strengthens on the event of profit booking in most of the equity bourses across the world. Correction was seen yesterday in EURUSD, GBPUSD and AUDUSD. The Japanese Yen has strengthened after hitting historic resistance zone...
Market review for 4.04 – 8.04.2011
For the coming week we expect markets to continue in the same direction as the previous week. Look for the US dollar to depreciate, the Canadian dollar to rise and for the commodity markets to get ever-hotter....
The U.S Dollar depreciated across the board. The Aussie Dollar and the Euro out performed compared to other FX majors against the Greenback.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
USDJPY’s upward move from 76.40 extended to as high as 85.51. Support is at 83.85, as long as this level holds, uptrend could be expected to continue, and next target would be at 87.50 area. However, a...
The U.S Dollar depreciated traded flat against the Common Currency and the Cable; continued depreciation against the Aussie Dollar and the Swiss France.The Dollar Index (DX) unable to trade beyond the key resistance of 76.60 ranges, remained...
US dollar continues to loose its positions Asian and European trading sessions:
The Greenback depreciated more than 100 pips against the Euro, but EURUSD is approaching historical resistance zone of 1.4300 ranges. The U.S Dollar depreciated against the Aussie Dollar but remained range bound against the Cable for most...
The U.S Dollar depreciated mare than 200 pips from the lows against the Cable; while the Greenback traded flat against the Euro, Swiss Franc and the Aussie Dollar; the U.S Dollar continued appreciating against the Japanese Yen...
Uncertainty in the FRS interest rate decision expectations. Asian and European trading session:
