Forex: EUR/USD pushes higher, limited by 1.3045

Source: community.nasdaq.com

FXstreet.com (Barcelona) - The Euro stretched above 1.3000 on Thursday, rallying the UD Dollar to reach a new daily high at 1.3045. Nonetheless, EUR/USD is ...See all stories on this topic »


Read more...

  • Cross action likely to dominate

    Cable and AUD/USD are exactly where we left them yesterday but the EUR and JPY have been hurt on the crosses. EUR/GBP was a big mover but as I’m not short already, I’m not going to start chasing it. I have some strong support coming at .8490 (technicals to follow). My feeling with...

  • EUR/USD clawing back lost ground

    The threat of some significant buying interest at 1.3925 has dulled the bear’s appetite for risk and shorts have continued to book profits on the EUR/USD, with the pair back again towards 1.40. Dealers report a mixed bag of selling interest and trailing stops above the figure. The previous...

  • Forex Chart Patterns — EUR/CAD, CHF/JPY and Gold

    This is my second post with some interesting chart patterns that were spotted during the past week and that can still be played out by the traders. EUR/CAD, CHF/JPY and Gold charts are presented. To me, those patters look extremely profitable and constitute great...

  • Lacker: Don’t need to buy more bonds if curve steep on outlook

    If the US yield curve is steepening on the back of a brighter economic outlook than there is no need for the Fed to add to its purchases of Treasury notes. Higher rates will be needed when economic growth turns positive, Lacker says. Yields will be in focus this afternoon as the government auctions...

  • FOREX-Dollar falls, euro pushes above $1.40

    By Steven C. Johnson NEW YORK, June 9 (Reuters) - The dollar ended a two-day winning streak on Tuesday and fell against major currencies as investors ... See all stories on this...