The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.2670 level and was capped around the $1.2765...
Forex Daily Market Commentary
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Public holiday in Australia should ensure quiet session for AUD
I have heard of some stop-losses building below .7875 in the AUD/USD but with Australia closed for a public holiday, these will probably be safe until Europe step in. An interim top now looks to be in place at .8250 and the first big technical support level is a 38.2% pullback at...
A snarky take on today’s GDP report
For all you non-believers in the strength of the US recovery, this post’s for you. The recession is over only because Washington decided it should be. With billions in fresh government spending, it was only a matter of time before GDP posted some growth. It’s too bad all that government...
WORLD FOREX: Profit-taking Pushes Dollar Higher
By Katie Martin LONDON (Dow Jones)--The dollar has climbed against most other major currencies in the European trading session, as investors showed relief ... See all stories on this...
Forex Trading Secrets: How to Profit from the G8 Summit
From the beginning of the week until 06:00pm GMT Thursday, virtually every currency was rising against the US dollar. Demand for riskier, higher yielding ... See all stories on this...
Google Appoints Former VMware CEO To Board
Google (NASDAQ:GOOG) named former VMware Inc. (NYSE:VMW) Chief Executive Officer Diane Greene to its board, adding a director with experience...