USD May See Upward Correction Today
February 10, 2011 7:06 am by Natalie R.After falling against most of its main currency rivals yesterday, the US dollar may be able to rebound today with the release of this week's US Unemployment Claims. In addition, significant news out of the UK is likely to contribute ...
EUR May See a Much Needed Recovery Today
November 24, 2010 10:02 am by Natalie R.Following a long bearish streak versus the CAD over the past few days, the EUR seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on EUR/CAD now.
Bullish Correction Expected for the EUR
November 9, 2010 10:19 am by Natalie R.Following a sharp decline over the past few days, the EUR seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on EUR/CAD now, and at a great entry ...
What can be Expected Next from the ECB and BOE?
October 6, 2010 4:37 pm by Natalie R.Can we expect further surprises from leading Central Banks after the surprise announcement by the BOJ yesterday? Quite likely. Tomorrow the European Central Bank and the Bank of England are expected to deliver their rate statements, and while a change ...
Forex News: Will Riskier Assets Stay on Top Today?
August 2, 2010 8:59 am by Natalie R.As we start off the week, risk taking seems to be the predominant sentiment in the marketplace. Both the EURand U.K. Pound are making gains on the U.S. Dollar and Yen. Today, traders will want to pay attention to a ...
EUR/USD Possibly Ready for an Upward Correction
May 18, 2010 10:31 am by Natalie R.The EUR/USD hit a four year low during yesterday's trading day, before recovering and ending positive at the end of a volatile trading session. The EUR managed to regain back part of its losses against the Dollar after declining for ...
EUR/USD Hits 4-Year Low Following Trichet’s Speech
May 17, 2010 8:39 am by Natalie R.The Euro-Zone's crisis continues to impact the forex market. This week's trading begins with an extraordinary kick-off as the EUR/USD plunges to a 4-year low. The EUR/USD dropped to as low as the 1.2233 level, in what doesn't seems to ...
EUR Stays Low vs. US Dollar on Greece Concern
February 23, 2010 6:42 am by Natalie R.The European currency traded near a 9-month low against the U.S Dollar as speculation that Greece’s fiscal woes will worsen and have reduced demand for the 16-nation currency. The EUR fell on concern that the debt crisis among the Euro-Zone’s ...
EUR Gains on Renewed Risk Appetite
January 5, 2010 2:37 pm by Natalie R.The European single currency hit a 1-week high against the U.S currency as signs that the global economic recovery is gaining momentum spurred demand for higher-yielding assets. The EUR was up slightly at $1.4420 Tuesday, after advancing 0.6% the previous ...
EURGBP & EURUSD Bullishness Strongly Supported
January 5, 2010 12:43 pm by Greg HoldenIn support of one of my previous articles, which said the USD is facing a downward correction; this article is intended to show how the Euro is in fact positioning itself for an upward movement in the days ahead, and ...