By Gertrude Chavez-Dreyfuss NEW YORK, June 16 (Reuters) - The dollar slid across the board on Tuesday, pressured by comments from Russia suggesting a need ...
See all stories on this topic
Source: in.reuters.com
By Gertrude Chavez-Dreyfuss NEW YORK, June 16 (Reuters) - The dollar slid across the board on Tuesday, pressured by comments from Russia suggesting a need ...
See all stories on this topic
Initial resistance is at 137.30, yesterdays highs with Fibos at 137.44 and 86 above there. Support is at 136.35 and 135.65. Hourly trend is more or less flat which favours range trading though a 5-wave count from the 139.20 spike high is a bearish...
This article from the English version of the Xinhua newspaper shows just how upset the Chinese are at Rio pulling out of it’s agreed deal. Trust, once lost, is very difficult to regain and there may be wider repercussions for the Australian mining...
Gm sales fell 29.6 percent in May versus the year ago period, but those sales look robust compared to Toyota. Their sales fell 38.4% from a year ago. Over the prior month though, sales were improved. UPDATE: Chrysler sales fell 47% from year-ago...
What had started out as a very quiet day has turned into a bit of a rout on the JPY crosses. EUR/JPY is trading on its lows at 135.70 and dealers report lots of longs liquidating their positions. It seems there is no major news out to drive this but many see the IMF statement on Euro-zone banks as...
Cable is under heavy pressure early, presently down at 1.5870 from an early 1.5930. The USD is seeing across the board strength, while sterling is weak in it’s own right as the market continues to fret over Brown’s future. Technical support now lies at 1.5850/55. Could well be sell...