Despite the retreat in the dollar on Monday in NY, the dollar again re-asserted itself in Asian trading on Tuesday, led by fresh EUR losses in a delayed ...
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Forex Market Update: Euro Under Pressure as IMF Calls For Further ...
Source: www.dailyfx.com
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Watch 952.85 level closely
Why is this level so important? 952.85 is 61.8% fibonacci retracement of the move from the 961.25 highs to 939.24. If it fails to break this level gold will collapse in the short term and test 935 and possibly lower. A close above the fib resistance will lead to a retest of the highs and if it...
Forex Market Update: US Dollar Remains Under Pressure as Risk ...
A broad rise across European equity markets boosted risk appetite and weighed heavily on the dollar. EUR/USD traded up to 1.4144 and Cable hit 1.6442 highs ... See all stories on this...
Monetary Policy Week in Review – 24 Dec 2011
The past week in monetary policy featured decisions from 8 central banks around the world from Europe to Africa. Those that changed...
Will or will not ECB raise rate?
Will or will not ECB raise rate? The answer is not as importnat as it seems… What a trader would like to know, is NOT if the ECB gang will or will not raise rate… What a trader would like to know is: which wines will they drinking during the meeting, following PAR ideas and...
WORLD FOREX: Dollar Gains Ground As G8 Looms
By Gary Stride Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The dollar has clawed itself back from one-week lows against the majors Friday as players trim ... See all stories on this...