As reported at 10:23 am in Sydney, the U.S. Dollar held onto small gains in Friday’s Asian trading following another round of investor profit-taking.
Category Archives: General Forex
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.
U.S. Dollar Nears 15-month Troughs versus High yielding Currencies
In Asian trading, the U.S. Dollar Index approached a new 15-month low versus a group of six major currencies.
Kiwi surges against U.S. Dollar
Commodity linked currencies, led by the New Zealand Dollar, moved sharply higher versus the U.S. Dollar in Monday’s trading in Sydney.
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.