Dukascopy Fundamental Analysis EUR Big rethink is necessary in the Euro Zone within world’s economy, said Angela Merkel at the World Economic Forum. Structural reforms aimed at creating new jobs are crucial, she added. Indebted Euro Zone is the most discussed issue at the forum. Many consider Germany and other strong economies have to inject more money [...]
Dukascopy Afternoon Forex Overview
Source: feedproxy.google.com
Read more...
There will be a slight intermission…
We’re changing over our servers this afternoon so the site will load more quickly…the site may be down over the next hour or so…please bear with...
AUDUSD’s bounce extended to 0.8992 level
Written by ForexCycle.com AUDUSD’s bounce from 0.8734 extended further to as high as 0.8992 level. Support is now located at the rising...
Latvia Central Bank Holds Interest Rate at 3.50%
Latvijas Banka kept its main monetary policy interest rate, the refinancing rate, unchanged at 3.50%, and held its other interest...
EURJPY: ranges getting tighter
It seems that the EURJPY range has been shriking over the course of this week, with Yen crosses taking a back seat to straight USD positioning. Its been unable to crack above yesterday’s high of 138.05. Buyers are seen at 137.00-20 with stops below. Sellers 138.00-10 then 138.30. It needs to...
AUDUSD pulled back from 0.9457
After breaking above 0.9404 (2009 high) resistance, AUDUSD pulled back from 0.9457, suggesting minor consolidation of uptrend from 0.8771...