"The short dollar trade has become a bit crowded," said Brian Dolan, chief currency strategist at Forex.com. "The real money mangers are buying back dollars ...
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WORLD FOREX: Dollar Finds Favor On Caution
Source: online.wsj.com
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AUDUSD is testing channel support
AUDUSD is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the rise from...
US Q1 Bankruptcies up 10% Q/Q
A few minor economic reports have come out over the session. Firstly US Q1 bankruptcy filings rose to their highest level since 2005, up 10% from Q4 2008. The Philadelphia Fed survey of economists said that the US economy should return to growth in H2 2009, but they also expected the unemployment...
USDCHF continued its downward movement from 0.9774
USDCHF continued its downward movement from 0.9774 and broke below 0.9300 (Dec 31, 2010 low) support, suggesting that the long term downtrend...
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Sterne Agee released a note giving its nod of approval to Cisco’s (NASDAQ:CSCO) acquisition of NDS.Sterne said that its $5 billion...
Bank of Japan Monetary Policy Unchanged, Rate at 0-0.10%
The Bank of Japan held its uncollateralized overnight call rate unchanged at a range of 0 to 0.1% by a unanimous vote. The...