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« Previous EntriesEUR/USD - Trades Within Daily Range
Saturday, August 30th, 2008Today’s EUR/USD trading ended in vacillation. The past fews weeks have finally brought the EUR down south. In a thinly traded day like today coupled with low volatily the market produced a lack lustred directionless day.
EUR Spikes on Consumer Confidence
Tuesday, June 24th, 2008The US consumer confidence Report came up short from concensus this afternoon. It fell eight points from the expectation of last month’s report which came in at 58.1 per cent. Even the revised value of 56.0% was far from what was announced. The resultant effect was that the news dragged the USD, dollar down against every other pair. What [...]
USD/CHF Heads For Support
Tuesday, June 3rd, 2008The swissy, USD/CHF headed south at the blast of the bell on the European session this morning. London began the day on this pair at about the 1.0338 mark and rising a few pips to 1.0348 level. But soon became bearish (sellers market), as gold prices gained strength.
The pair is currently trading 1.0275, but we [...]
