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The AUD/USD is no doubt a buyers market at the moment, producing very nice, quality, stable up trending price action. When markets are trending like this, it's important to take advantage of everyone...
Tuesday's FX RoundupUSD/JPY: 6 Reasons for the Big Sell-off AUD Soars 1% to Fresh 4-Month Highs CAD: Housing Data Raises Fresh Concerns NZD: Business Sentiment Remains Near 20 Year Highs GBP:...
EUR/USDIn a continuation of the move seen yesterday EUR continued to gain strength through the session, with the move being led again by USD weakness. After yesterday decline for the S&P 500, the...
EUR/USDEuro is moving upwards and may return to level of 1.3760. After reaching it, price may continue falling down towards level of 1.3620. Later, in our opinion, instrument may start consolidating,...
This Great Graphic, created by Bloomberg, depicts the MSCI equity index for the developed countries (orange line) and the emerging markets (white line). The charts begins at the start of last...
Investors continued to unwind their long dollar positions this morning with the greenback trading lower against all major currencies. Tapering by the Federal Reserve should have been positive for U.S....
The USD/CHF is trading lower intraday after the better than expected inflation data yesterday. However, the pair is approaching a critical support zone, which might result in a buy opportunity. There...
EUR/USD continues to post gains on Tuesday, as the pair is trading in the mid-1.37 range in the European session. The euro received some support after ECB policymakers said...
Forex News and Events: The US dollar is broadly offered versus its G10 and EM counterparts. Since the BoJ announced status quo overnight, we see sustained pullback in USD/JPY and JPY crosses. In UK,...
Market BriefAs widely expected, the BoJ kept the monetary policy unchanged at today’s meeting; the monetary base will continue increasing at the annual pace of 60-70 trillion yen. USD/JPY and...
It was bound to happen, especially when it would not go down. Forex speculators short the 18-member single currency on ECB hype are now paying the penalty of Draghi and company's "on-hold" decision...
The U.S. dollar remained weak against most of its peers days after the Non-Farm Payroll release disappointed market investors by denoting that U.S. employers did not hire as many workers as analysts...
EUR/USD is trading at 1.3715 as the euro picked up a bit of force after the arrival of German Industrial Production numbers indicating a positive build in processing. A week ago on April third, the...
EUR/USD The pair managed to move to the upside benefiting from stabilizing above 61.8% correction at 1.3665 levels showing on graph; we noticed yesterday a daily closing above 50% correction at...