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EUR/USD Open 1.3787 High 1.3818 Low 1.3768 Close 1.3784On Monday EUR/USD traded within narrow 50 pip range. The European currency depreciated from 1.3818 to 1.3774 yesterday, matching the negative...
EUR/USD held resistance at 1.3815/33 as expected. We could try shorts in this area again today with a high for the day likely as we expect the outlook to turn more negative this week, but we will need...
Aussie has benefited from global pick-up in risk appetiteWhen we last visited AUDUSD in early September we emphasised that while the Aussie had been under pressure from loose monetary policy by the...
The USD/JPY is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 99.00 had completed at 96.94...
Dollar: Beware Of Retail SalesEUR: Consolidating At A Key LevelGBP: Signs Of Potential Weakness In SpendingAUD: Slips To 1-Week Low On Quiet TradingNZD: Higher Gold And Oil PricesCAD: Raw Material And...
Talking Points Pending Home Sales plunge in September, worst performance in over three years. Decline concerning as US interest rates fell during period, which typically spurs spending. US Dollar...
The yen extended its three-week decline against the euro after Deputy Governor Kikuo Iwata reiterated the Bank of Japan’s commitment to unprecedented monetary easing. The yen weakened against...
US Dollar at Fresh Lows versus the Euro Yet the Greenback has reversed versus Aussie, Cable A pick up in volatility would help confirm Dollar reversal The US Dollar has steadily fallen to fresh lows...
EUR/USDThe pair settled the session in minor negative territory as market participants were seen booking profits following last week’s gains and also took advantage of light trading conditions...
The AUD/USD is under pressure as we begin the new trading week. The pair continues to trade slightly short of the 0.96 line in European trading on Monday. In economic news, US releases were a big...
The euro held on to Friday's gains against the dollar and traded at $1.3800 at 5:00 GMT on Monday morning. The common currency has become somewhat of a safe bet for investors who are looking away from...
It's a quiet start to the week for USD/ JPY. The pair is trading in the mid-97 range in Monday's European session. In economic news, US releases were a big disappointment on Friday. Core Durable Goods...
To examine EURUSD from an alternative perspective, we have decided to probe the correlation between the Deutsche Bank stock price and the currency cross. Why, you may ask? The reason is that...
Currently we are at 1.6850 at a bounce point. A couple of different scenarios. 1: bullish: a move above 1 .6882 would signal a continuation to the Resistance at 1.6987 area) 2: Bearish : A break down...
The yen lost value against the US dollar during trading in Asian markets today (October 28th). With the Nikkei up by 2.2 per cent to erase some of the 2.8 per cent losses it sustained last Friday, the...