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GBP/USD Open 1.5100 High 1.5190 Low 1.5075 Close 1.5100On Friday Pound/Dollar decreased with 115 pips. The Cable depreciated from 1.5190 to 1.5075 on Friday, in line with the negative money flow...
EUR/USD drifted lower during the Asia afternoon and European morning, which was more in the wake of a collapsing AUD and Kiwi then anything directly involving the Euro. Talk later in the session from...
Market CommentaryAfter the Dollar Index (DX) sold off from 85.00 ranges aftermath the Fed’s decision to continue Bond buying by pumping in ‘Easy Money’, DX is trading at 83.00...
NZD/USD poised to challenge key neckline, 0.7605Further erosion into the end of last week after an extremely aggressive head fake failure with a bearish outside Thursday from ahead of.8053.This leaves...
Friday proved to be a quiet day, even quieter than I had thought. This was mainly due to the USD/JPY refusing to push lower. I’ll start there first as I still feel this is the one pair that has...
EUR/USD Open 1.3058 High 1.3101 Low 1.2908 Close 1.3063On Friday Euro/Dollar traded within 190 pip range. The European currency depreciated from 1.3101 to 1.2908 on Friday, not matching the positive...
The Australian dollar rose from near its weakest level since September 2010 on speculation recent declines have been excessive and before China reports on its second-quarter gross domestic product.The...
AUD/USD for Monday, July 15, 2013To finish out last week, the AUD/USD dropped sharply again to resume its medium term down trend as it moved down towards the key long term level of 90 cents. It has...
The euro is continuing to slowly ease back after its amazing surge higher touching 1.32 briefly and a three week high last week. It presently finds itself consolidating between 1.30 and 1.31, as it...