Search Results for: US Dollar
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
EUR/USD Below 1.3430 as traders earn from bullish turn
July 28th, 2014
The dollar was about 0.1 percent from the strongest level in eight months against the euro as investors raised bets it would climb versus the single currency to the most since November 2012. The U.S. currency maintained its biggest ...
Technical Analysis USD/CHF aims for 2014 high
July 28th, 2014
Technical Analysis USD/CHF for Monday, July 28, 2014 Pair’s Outlook The Greenback carries on strengthening, and there are supposedly no significant hurdles until this year’s high at 0.9156. We may expect some profit-taking around 0.91 (monthly R2), but the ...
Technical Analysis USD/JPY prone to returning to 101
July 28th, 2014
Technical Analysis USD/JPY for Monday, July 28, 2014 Pair’s Outlook The currency pair is facing strong resistance at the moment, which it might turn out to be unable to break. The longer-term technical indicators suggest sticking to a bullish ...
After the Dollar
July 28th, 2014
It is symbolic that the recent BRICS summit in Fortaleza, Brazil, took place exactly seven decades after the Bretton Woods Conference that created the International Monetary Fund and the World Bank. The upshot of the BRICS meeting was the ...
USD/CAD reached 1.0815 on Economic Concern
July 28th, 2014
The Canadian dollar sank to a five-week low before reports next week that are forecast to show the nation’s economy is lagging behind that of the U.S., its biggest trading partner. The currency fell for a second day against ...
USD/HKD remains bullish as HKMA Buys $690 Million
July 28th, 2014
Hong Kong’s de facto central bank bought $690 million on July 25 to defend the city’s 31-year-old peg to the U.S. dollar as it expects demand for the local currency to continue. “Having regard to the on-going listings, mergers ...
Technical Analysis AUD/USD – Retreats below 0.9425
July 28th, 2014
Technical Analysis AUD/USD for Monday, July 28, 2014 The Australian dollar is trading in a small range just below 0.9400 after reaching a three week high just shy of 0.9480 towards the end of last week. During the middle of ...
Technical Analysis USD/JPY re-tests monthly pivot point
July 25th, 2014
Pair’s Outlook Not without some difficulties, but USD/JPY managed to reach the resistance at 101.83/73. However, despite the monthly technical indicators giving ‘buy’ signals, the pair may not advance further. The supply area the U.S. Dollar is facing is ...
USD/JPY about to hit 101.83/73
July 24th, 2014
Pair’s Outlook Slowly but surely the U.S. Dollar is outperforming the Yen, as it has received a bullish impetus after a test of 101. However, taking into account the number and toughness of resistances that USD/JPY has yet to ...
