Forex Charts

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Dollar, USD Gains Stalled

Tuesday, September 23rd, 2008

The dollar has been under immerse pressure for the past weeks due to series of bad news from the US economy. Last week saw the dollar make another 4-month low of 103.52 on the yen having risen to the podium of 110.65. Since making that 13-year low of 95.73 in March 2008 it has been dugged by events.

EUR Surge on US Crisis

Monday, September 22nd, 2008

London: The EUR, euro rose against the USD, dollar today recouping most its losses against the dollar since ECB’s announcement September 11th. With the recent developments in the US economy almost every pair has gained on the dollar significantly. Since the turn of the year, it has been one financial challenge to another. Is there an end in sight?

Forex Chart - GBPJPY Short-Term Outlook

Tuesday, September 16th, 2008

Sterling-Yen, GBPJPY is trading at a cross-road where it could either bounce back or hit the floor.

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