Dollar performance was mixed during the Asia session as modest gains against the euro and the AUD were counterbalanced by further losses against the...
Forex Daily Market Commentary
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Dukascopy Afternoon Forex Overview - Sept 18 09
Previous session overview The dollar’s sell-off against higher-yielding rivals is taking a pause at the close of the week. After eight consecutive sessions of dropping, first to nine-month lows against the euro and then to one-year lows, the dollar is finding some support. The greenback has...
Danica has been upgraded to v1.3
This upgrade is affecting the way forecasts are generated, in certain situations. In the previous versions, when the predicted close comes out to be above the predicted high, the system would not touch the high, but instead would adjust the close so that the adjusted close is half way between the...
How Far Can the Dollar Fall?
By Adam Hewison - I was quite amazed when I looked back to see how long it’s been since I’ve put together a Dollar...
New York forex wrap-up; Dollar extends recent gains
US nonfarm payrolls fall 345,000 (far less than expected); unemployment rates rises to 9.4%, jobless rate at 27-year high Canada reports a loss of 42,000 jobs; unemployment rate 8.4%, highest in 11-years UK’s Brown shuffles cabinet; Darling and Madelson stay on Fed’s Lockhart: Fed...
EUR/USD slips back
EUR/USD is nearly back to where it started out the day in Europe, presently at 1.4110, the earlier rally having topped out at 1.4139, aforementioned sell orders at 1.4140/60 having proved a durable barrier to accelerated upside. Next up in about 10 minutes German and euro zone ZEW economic...