AUDUSD consolidates in a range between 0.9157 and 0.9381. Lengthier sideways movement in the range is still possible in a couple of days. As long as...
AUDUSD consolidates in a range between 0.9157 and 0.9381
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Dukascopy Morning Forex Overview - Sept 03 09
Previous session overview The dollar rebounded against the yen after hitting another seven-week low in Asia Thursday as strong Shanghai share markets prompted speculators to buy back the U.S. currency in exchange for the safe-haven yen. During early Asian hours, the greenback slipped to JPY91.94,...
EUR/USD clawing back lost ground
The threat of some significant buying interest at 1.3925 has dulled the bear’s appetite for risk and shorts have continued to book profits on the EUR/USD, with the pair back again towards 1.40. Dealers report a mixed bag of selling interest and trailing stops above the figure. The previous...
BRIC May Discuss Moving From Dollar: Kremlin - Forex Currencies ...
A basket of currencies would be better than just the dollar or euro as world reserve currency, Russian President Dimitry Medvedev said in an interview with CNBC. CNBC Top News and Analysis -...
FOREX VIDEO - London Session Review - October 19, 2009
During today’s pre-London session and then into the first hour of the London open, we were dealing with some short term British Pound weakness and Japanese Yen strength, a quality setup for a GBP/JPY short, that was very easy to plan for trade entries and targets prior to pre-London...
Another UK Minister resigns
John Hutton is now the fourth member of the UK cabinet to resign this week, but instead of knifing Prime Minister Gordon Brown in the back, he’s declared that the move was purely for “family reasons” Elsewhere, early results in the European election are showing, as expected, a...