Has Euro/Dollar Entered Bearish Trend or Is It in Correction?
With economic numbers out of the Eurozone heightening recession concerns, and US data keep pointing […]
EUR/USD Nosedives While USD/JPY Surged Further
EUR/USD started a fresh decline from 1.0940. USD/JPY is rising and might climb further toward […]
Japan’s Verbal Intervention Offers Yen Some Respite
Markets The dollar caught all market attention yesterday. Surging against everything and everyone, the trade-weighted […]
European and Chinese Economies Drag Markets Down
Economic data from China and the eurozone sent markets back into sell-off mode. China’s services […]
EUR/USD: Signals of Bearish Continuation After Limited Recovery
The Euro lost traction on Tuesday and fell to 2 ½ month low, after Monday’s […]
Major Currency Pairs Correcting in a Weakly Volatile Market
The beginning of the current five-day period turned out to be rather sluggish for the […]
EURJPY Rebounds from 50-day SMA
EURJPY has been in a prolonged uptrend since the beginning of the year, posting a fresh […]
Aussie Dollar Remains in the Defensive
Markets German bonds traded solo yesterday as US financial markets enjoyed a long weekend. They […]
China Remains in the Spotlight
Market movers today Today brings the final August PMI figures for the euro area and […]
EUR/USD: Daily Chart Points to Persisting Downside Risk
EURUSD edged higher in early Monday, driven by fresh risk appetite, after Friday’s US labor […]
BoC to pause today, EUR/CAD down in consolidation pattern
BoC is widely anticipated to maintain its current interest rate of 5.00% today. This expected […]