FXstreet.com (San Francisco) – Monday saw USD/INR trade a 53.00/35 range, ending the day 0.19%… For more information, read our latest forex news and reports. [Read More...]
<!–TITOL: Forex: Risk-off Asia pressures USD/INR FITITOL–> FXstreet.com (San Francisco) – Monday saw USD/INR trade a 53.00/35 range, ending the day 0.19% higher at 53.30. This Tuesday, the pair could open lower as the risk rally seen in Asian equities could affect local share markets as well. Sensex closed 0.4% higher, as market participants rallied [...]
<!–TITOL: Forex: GBP/USD bounces from daily lows FITITOL–> FXstreet.com (Córdoba) – The Cable managed to bounce during the American morning after hitting a day’s low of 1.5465 in holiday-thinned trade. GBP/USD jumped from lows and reached the 1.5500 area where the 20-hour SMA helped to cap the cross and at time of writing, it is [...]
Forexpros – The euro weakened against the U.S. dollar at the start of 2012 on renewed debt fears and a negative euro zone manufacturing report. EUR/USD hit a high of 1.2969 during mid session U.S. trade. It is currently trading at 1.2927 off by 0.22%. The pair was likely to find short term support at 1.2922 [...]
<!–TITOL: Forex: USD/CHF hovering over 0.9400 FITITOL–> FXstreet.com (Barcelona) – The first session of 2012 is passing by without major news nor events as many markets remain closed on Monday. Market participants expect the trade to pick up later on in the week. As of writing the cross is up 0.19% at 0.9401, recovering ground [...]
Not all forex pairs were born equal. Some will slow down and then bounce back when they approach a distinct line of resistance or support. If momentum is strong, they will break these lines in a convincing manner without looking back. These pairs, that have a better tendency to follow technical rules, are the [...]
<!–TITOL: Forex: GBP/USD ends year with a gain of less than 50 pips FITITOL–> FXstreet.com (Córdoba) – The GBP/USD finished 2011 practically unchanged from the price it opened in January. Cable rose during the first half of the year and peaked at 1.6747 in April. But the European crisis and fears of a global economic [...]
FXstreet.com (Córdoba) – The EUR/USD, that traded in positive territory during most of 2011,… For more information, read our latest forex news and reports. [Read More...]
FXstreet.com (Buenos Aires) – Doubts about USD currency reserve status had favored overall the… For more information, read our latest forex news and reports. [Read More...]
Let’s just get it over with! That’s what the markets are thinking when looking back at 2011. The S&P 500 stock index is finishing the year essentially flat, posting neither significant gains nor losses. If you are a stock market investor, perhaps you are just thankful to get out with your account in tact. [...]