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Less than two months after the Swiss National Bank shocked the market by dropping its cap on the franc -- leading to an immediate 20% appreciation in the currency against the US dollar -- the USD has...
It’s the dollar’s world; we all just live in it.The US dollar tagged a new 12-year high at 98.50 in today’s European session on the continued positive afterglow from Friday’s...
The North American trading session is kicking off with some excitement this morning as renewed fears of a Greek exit of the Eurozone have been stirred up for the 1,487th time in the last few years....
Demand for the greenback keeps on rising after the strong US labor market data released on Friday. However, we have to note that the US dollar longs contacted on a week that ended on March 3. Large...
OverviewToday’s European session began with the USD continuing to soar, in the trend seen since Friday’s Nonfarm Payroll report. Both the Asia and the European session saw the USD index...
A new 12-year low in the euro against the USD and another hit to the NZD re-emerged in global markets as Greece and the EU put off talks to another day, while stock traders let the shine of Apple's...
It is complete USD domination on the currency markets with the USD continuing to punish the overwhelming majority of its trading partners. The NFP announcing that the United States added another...
Currently we are at 182.58. We are looking for a continuation to the support area at 181.88 with an overall target at 181.26. The average daily true range (ATR) for the pair currently is 140 pips.
The single European currency is reaching new record lows, with EUR/USD having fallen to a value of 1.0783 today. As some experts have noted, the fall will probably continue due to the ECB's full-scale...
EUR/USD - Technical Report The pair has collapsed once again after short-lived correction that took it towards our yesterday’s first detected technical objectives at 1.0885. Coming beneath...
Cable has rolled over and is moving down again, in line with the dominant trend, which is expected to extend. Major support at 1.5000 (because its a significant round-number) could be an obstacle to...
KEY DATA RELEASES TODAY (GMT) :1015 EUR ECOFIN Meetings 1400 USD JOLTS Job Openings exp 5.04M v 5.03M OVERNIGHT: The US Dollar Index has made yet another new high at 98.196, overnight the highest...
Forex News and Events It seems there is little scope for meaningful lira recovery. Governor Basci is most probably watching the lira debasing desperately, enable to take the policy step needed to...
Dealers and investors are happy to walk the 19-member single unit down, and through their medium term target, the September 2003 lows atop €1.0762. There is no fuss, no sense of urgency, just a...
Market Drivers For March 10, 2015 Euro dives to fresh multi year lows as 1.0800 given Kiwi wobbles on threat against Fonterra Nikkei -0.67% Europe -0.44% Oil $49/bbl Gold $1157/oz. Europe and...