EUR/USD Moves Above 1.4300 on ECB Expectations
- Wednesday, 06 April 2011 15:45
The EUR/USD hit 1.4348, its highest level in over a year, in anticipation of Thursday’s ECB rate hike.
EUR/GBP Technical Analysis: Support Trend Line is Breached
- Tuesday, 05 April 2011 18:05
The EUR/GBP finally showed signs of weakness after UK’s services PMI boosted the pound during Tuesday’s London session. Here is an updated technical outlook.
GBP/USD Moves Higher on Strong Services PMI
- Tuesday, 05 April 2011 06:56
The pound gained momentum after the UK Services PMI beat analysts’ expectations to reacheits highest level in thirteen months, on Tuesday.
EUR/JPY Technical Analysis: Room for More Gains
- Monday, 04 April 2011 19:53
After spending an entire year near its all time lows, the EUR/JPY seems to be planning a comeback. Here, we take a look at the long term charts and find signs of a new uptrend.
USD/CAD Ignores BOC Business Poll
- Monday, 04 April 2011 15:17
A mixed Bank of Canada business outlook survey failed to impact the markets on Monday. Despite concerns over inflation and commodity prices, the USD/CAD preferred to stay within its tight range near 0.9680.
BOJ Releases Takan Survey Details
- Monday, 04 April 2011 03:30
The Takan Survey, used to measure the Japanese business sentiment, is an important leading indicator of the country’s economy. Here are the latest details released by the Bank of Japan.
GBP/USD Technical Analysis: April 03
- Sunday, 03 April 2011 18:08
Ahead of this week’s Bank of England meeting, we see signs of a potential breakdown of the pound below 0.5980. Let’s take a look at the daily chart.
Forex Market Outlook April 4-8
- Saturday, 02 April 2011 17:23
After a head turning Friday, we face another important week in the forex market. With the ECB and the Bank of England statements due on Thursday, tons of action is expected once again. Let’s take a look at the major pairs.
