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Dukascopy Afternoon Forex Overview - Sept 14 09
Previous session overview The dollar is recovering Monday from a sharp sell off against the euro and yen from last week. After the euro finally broke out of a nearly four-month range against the dollar in the previous trading sessions, traders say the dollar is in for a bit of a correction. Still,...
Blackrock agrees to acquire BGI
The deal for Blackrock to acquire Barclays Global Investors including the important ishares business is officially done, according to reports on Reuters newswires. It is possible that this will have some ramifications for the pound, now that the deal is actually signed off on, but with global...
Dukascopy Morning Forex Overview - Sept 09 09
Previous session overview The euro rose to a near nine-month high against the dollar in Asia Wednesday as soaring commodity prices spurred players’ risk appetite, increasing demand for the risk-sensitive unit. The euro, which usually benefits from higher crude oil and gold prices, rose to as...
FOREX VIDEO - New York Session Review - Sept 1, 2009
Risk aversion had been the primary theme in global financial markets during today’s London session. An attempt by bulls to wrest control from the bears after the release of better than expected US news proved futile during the New York session. Traders who waited patiently for the post-news...
AUDUSD breaks below 0.8678 key support
AUDUSD breaks below 0.8678 key support, suggesting that a short term cycle top has been formed at 0.9070 level on 4-hour chart...