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French industry output data much worse than expected
French April industry output fell a hefty -1.4% m/m, much worse than expected, versus median forecast of -0.2%. Data has dented risk appetite a little, with EUR/USD falling back below 1.4100 to 1.4085 at writing. Cable is back below 1.6400 at...
Daily Forex Analysis - June 10, 2009
Being contained by 1.3793 support, EURUSD rebounds from 1.3804, suggesting that a cycle bottom is being formed on daily chart. However, a break of 1.4338 ... See all stories on this...
FOREX-Dollar eases as risk sentiment improves
By Tamawa Desai LONDON, June 10 (Reuters) - The dollar eased on Wednesday as investors shifted from the US unit toward perceived riskier and higher-yielding ... See all stories on this...
US Morning Notes - USD lower pressured by signs of global recovery ...
FX Highlights USD is trading lower pressured by a rally in crude oil above $71 a barrel improving risk sentiment as equity markets rise and report that Russia. Forex News -...
New low posted in EUR/USD but no follow through
The low this morning has been around 1.3925 in the EUR/USD but buying interest seems to be strong at this level and the market has immediately popped back towards it’s opening level around 1.3955. The rally in the USD on Friday night came on the back of improved jobs data. This was further...