Our detailed commentary from last week both before and after the FOMC statement on Wednesday noted that we believe that the Fed’s [...]
USD Commentary
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EUR/USD weighed down; West LB in focus
EUR/USD has fallen back into the 1.3830s. A story on the Dow Jones wire that German banking giant West LB was almost shut down over the weekend is helping prompt a flight to safety. For a change, the dollar is providing that safe haven role again. Rising US yields have been a big boost for the...
Forex Results 27th May '09 | WorldWideEarn
Expert Advisor Trading MegaDroid 1 Trade +17.19 (+15 Pips) Had a decent increase in lotsize since my last MD trade, so very happy with the. WorldWideEarn -...
USDCHF’s rise extended to 0.9234
USDCHF’s rise extended to as high as 0.9234 last week. Support remains at the lower line of the price channel on 4-hour chart, as long as...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 2, 2009
The beleaguered US dollar could find little relief during today’s London and New York sessions. London traders who took the EUR/USD bounce from daily 5 ema, then closed the trade at the M4 pivot point, had already earned a 170 pip profit as the New York session got going. Although the...
Bangladesh's Forex Reserve Crosses $7.0 Billion
"Steady growth of inward remittances and deceasing import payments have contributed to the crossing of forex reserves $7.0 billion-mark," Bangladesh Bank ... See all stories on this...