The US dollar has been on the defensive today against the other major currencies in the forex market following the eagerly awaited government...
FOREX: Dollar, Stocks on defensive as US Employment falls by 131,000 workers in July
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EUR/JPY Daily Outlook
Daily Pivots: (S1) 130.83; (P) 132.35; (R1) 133.20. EUR/JPY’s fall from 135.47 accelerates today and dives to as low as 129.80 so far. Break of 131.00 support confirms that whole decline from 138.70 has resumed and further fall should now be seen to 100% projection of 138.70 to 131.00 from...
Forex Market Update: US Dollar Remains Under Pressure, Led by AUD ...
The USD remained under pressure, led by AUD then GBP, which made fresh trend highs of 0.8264 and 1.6624 respectively. The broad-based selling pressure on ... See all stories on this...
Euro Advances against the Yen amidst Greek Bailout Accord
By TraderVox.com Tradervox (Dublin) - The Greek crisis has moved closer to being solved after the finance ministers agreed to approve...
New York forex wrap up; Dollar firms as reflation trade falters
New York Fed’s Empire State index falls to -9.41 from -4.55 IMF considers making its bonds tradeable IMF: US returns to growth in 2010 IMF”s Lipsky: Dollar to remain reserve currency “as far as we can see” Geithner: Economy in early stages of recovery ECB’s Wellink:...
Bank of England Keeps Rate at 0.50%, APP at 275B
The Bank of England (BoE) held the Bank Rate at a record low stimulatory level of 0.50%, and continued with its Asset Purchase...