Source: ForexYard The combination of a worse than expected Italian debt auction and the credit downgrading of several euro-zone countries on Friday,...
Euro Tumbles Following Ratings Downgrade
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JUNE 8 - PROSTICKS ICHIMOKU FOREX TECHNICAL REPORT FOR EUR, GBP ...
Friday's low was right at our stop level at 1.3930 and our long position was stopped out for profit. Daily closed with upper extreme tail at 1.4220 , weekly ... See all stories on this...
Bank of France business sentiment stronger than expected
Bank of France industry business sentiment index has come in at 81 in May, up from 75 in April, and better than the median forecast of 77. The Bank of France has revised up slightly it’s forecast for the Q-2, from -0.6% to 0.5%. EUR/USD is on something of a tear, presently up at 1.3920....
Forex: Euro Weakens Versus Major Rivals After US Jobs Report
(RTTNews) - The euro saw some weakness versus other majors as traders turned to safer currency investments after data showed the U.S. unemployment rate surged to a new 26-year high above 10 percent. The euro moved slightly lower amid choppy trading against the dollar, trading near 1.4840. The...
Cable runs into a brick wall
Cable is back where it started (well at least where it was when I first sat down with my early morning cuppa.) We’re presently at 1.6085 with the earlier cable rally stalling out at 1.6129. Guess those aforementioned sell orders at 1.6125/40 must have been pretty lumpy. Seems there is still...
USDCHF continued its upward movement
USDCHF continued its upward movement from 0.8569 and the rise extended to as high as 0.9112. Support remains at the uptrend line on 4-hour chart,...