USD/CAD testing 200 Hour Moving Average and above this, the Fibonacci 50% level from the long term Weekly chart is looming near 1.1070. Watch for.
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USD/CAD testing 200 Hour Moving Average and above this, the Fibonacci 50% level from the long term Weekly chart is looming near 1.1070. Watch for.
Forex News and Commentary by FXDD - http://forex.fxdd.com/
With 4 hours MACD crossed above signal line, intraday bias in USD/JPY is turned neutral for the moment and some sideway trading might be seen. Nevertheless, break of 90.06 resistance is still needed to indicate that choppy fall from 92.31 has completed. Otherwise, outlook remains bearish and...
EUR/US has fallen back to the 1.3960 area as longs continue to head for the sidelines in frustration. Animal spirits were whipped up over the last 24 hours only to come unglued in US morning trade. Small central bank buying has been seen on this latest dip with the more active trading CBs playing...
By Jamie McGeever LONDON, June 4 (Reuters) - The dollar weakened on Thursday as remarks by Federal Reserve Chairman Ben Bernanke on fiscal deficits the ... See all stories on this...
Japanese exporters have returned to the stage in USD/JPY for the first time in a while. They have offers from 98.80 up through 99.00, traders report. Mid-East accounts were rumored buyers in early US trade but ran into signficant offers in the 99.80/85 region. Given Japan’s rapidly...
This sale had been delayed as various interested parties took action in the Supreme Court but the deal is now set to be...