Strong short term support for EUR/USD at 1.11 The most favorite currency pair remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood the Wall Street open. Despite the prevailing selling interest […]
GBP/USD trades below 1.4100 The selling interest is picking up pace around the sterling, taking GBP/USD to fresh multi-year lows below 1.4100. GBP/USD under pressure on Brexit fears Mounting concerns on the possibility of a […]
AUDUSD touching the lows AUDUSD has moved to new lows in the last hour touching 0.7259. The weaker than expected US Employment Cost index on Friday put an end to that break. In fact the […]
Bank of Japan (BOJ) Governor Kuroda comments USDJPY Central banks can overcome the zero lower bound, as long as the policy maker commits decisively to fulfilling its mandate with well-designed unconventional policy measures It has […]
Forex Daily Report (5-8-2015 8:00pm GMT) US dollar supported against all the other major currencies, after data showed that the U.S. economy created slightly less jobs than expected last month, while unemployment declined in line […]
Forex Daily The dollar was up against the yen, with USD/JPY up 0.95% at 114.68, and up against the Swiss franc, with USD/CHF up 0.49% at 0.9647. ADP reported that non-farm private employment rose by […]
Forex Daily Report 8-22-2014 EUR/USD was up 0.19% at 1.3284, up from a session low of 1.3242 and off a high of 1.3289. The pair was likely to find support at 1.3242, the session low, […]
Ukraine hits Euro The euro slumped against the dollar on Monday after Ukraine crisis intensifies. The euro corrected from the opening high at 1.3792 to hit the daily low in the US trading session at […]
Euro/dollar The euro shot higher against the U.S. dollar on Friday, after data reports that the U.S. economy added fewer jobs than expected last month but weak German data pressure the single currency. The U.S. […]