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 ...
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Forex Market Update: US Dollar Remains Under Pressure as Risk ...
Source: www.dailyfx.com
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Usd/Jpy comes under renewed pressure
Usd/Jpy is attracting some selling interest currently, with 98.45 capping this morning’s rally, attention is now turning to the downside. US Yields are little changed from yesterday, a tad lower if anything, but Traders are looking to probe some sell stops located in the 97.75/80 area. Note...
Daily Market Review 16.03.2011
EUR-USD It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of...
Bernanke and Paulson to testify before House
Darrell Issa from the House oversight and government reform committee is on the Reuters newswire saying that Fed chairman Bernanke and ex-treasury secretary Paulson will be subpoenaed if necessary to testify before the House on Bank of America’s acquisition of Merrill...
1.3930 Fibo support under threat in EUR/USD
EUR/USD continues its slide, nearing 1.3930, the 61.8% rtetracement of the 1.3800/1.4145 rally. A break suggests price could dip back to the key support level at 1.3800. Oil is giving back some of its gains after proving more resilient than the other commodity markets this afternoon. Crude is at...
Chinese Leaders Comment on 2012 Monetary Policy
Top Chinese officials have recently made public comments on the direction of monetary policy in China for 2012. China’s President,...