EURUSD bounced strongly from 1.2874, suggesting that a cycle bottom had been formed on daily chart. Now the pair is facing 1.3497 key resistance, as...
EURUSD bounced strongly from 1.2874
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FOREX VIDEO - London Session Review - August 12, 2009
As we approached today’s London market open, we found ourselves in a nice continuation short on GBP/USD and GBP/JPY from a late pre-London entry. However, exactly as London was opening we found the GBP/JPY sitting exactly on the daily S2 reversal pivot point, along with also sitting on the...
FOREX-Dollar holds steady ahead of Fed
The dollar held steady on Tuesday before the start of the U.S. Federal Reserve's policy-setting meeting, while the Australian dollar fell after its central bank raised rates but took a cautious stance going forward. Falls in European share prices also supported the dollar, which has a tendency to...
FOREX-Dollar mostly holds ground after jump from '09 lows
... outlook isn't so rosy as many have been saying lately," said Hideki Amikura, deputy general manager of forex trading at Nomura Trust and Banking. ... See all stories on this...
UK trade deficit better than expected
UK May global goods trade deficit came in at £6.263 bln, an improvement from the £7.137 bln revised shortfall in April, and better than the median forecast of £6.75 bln. Lowest deficit since June...
New Zealand leave rates unchanged
The NBNZ left rates unchanged earlier this morning amid signs that the severe recession is easing in the land of the long white...