In Asian trading, the U.S. Dollar Index approached a new 15-month low versus a group of six major currencies.
Monthly Archives: November 2009
EUR/USD’s Technicals Tell Nothing for the 19th
Price action on the daily chairts for the EUR/USD is not revealing anything. The Unemployment Claims news should get things moving on the 19th though. The forecast for those claims is not looking good for the dollar.
USD Gains Ground vs G10
The Dollar gained a little ground today as it advanced versus its G-10 rivals. DXY support at 74.90 held firmly again today as the index gained before closing at the 75.303 handle. The EUR was pushed lower as ECB President, Trichett applauded the Fed’s Ben Bernanke’s strong Dollar comments made day prior.
Easy-Forex at the 5th ME Forex Expo & Conference
Easy Forex is pleased to announce its participation in the 5th Middle East Forex Trading Expo in Dubai on November 17-18, 2009 and invites all participants to come to booth F23 for a chance to have a personal demonstration of their Visual Trading Machine.
EURUSD Recovers Once Again
EURUSD bulls did manage to recover once again, support level stands as strong barrier which keeps bulls side from further falling. Buying options still remain for this pair, just below support – bulls are in danger.