6 month dollar rate

EUR/USD: Euro should test resistance at 1.3553 this month, says Mizuho

FXstreet.com (Barcelona) ? The Euro has reached a 1-month high at 1.3435 on its recovery from 1.2985 low on April 28, and, according tio Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, the pair could continue climbing during the current month.Elliot advances that the Euro could test 1.3553 level later in May: ?Slow work last month as the Euro holds in a ?flag? formation. It is trying to break higher and should test trendline resistance and the 26-week moving

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Yen Continues Falling as Nikkei Closes at Three Month High

The Japanese yen is weaker across the board as the Nikkei stock index hit a three-month high on Monday.The move comes as the Japanese Nikkei picked up another 1.24% on Monday, bringing the index to 8857.93 - its highest close since Jan. 8.On Monday, Japanese Finance Minister Kaoru Yosano said Prime Minister Taro Aso wants his new stimulus package to be in excess of 2% of GDP. He also said the package would be unveiled on April

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Aussie Dollar Weaker Against Majors

The Aussie dollar is weaker against majors on Thursday after a bout of lower tier economic data for the region and comments from Chinese officials, who remain vague about promises of more stimulus.Australia posted a A$970 million trade surplus in January, against forecasts for a A$1.1 billion surplus and previous A$598 million reading in December. The Aussie dollar is down 1 cent at 0.6395 USD.Australian building approvals fell 3.7% month-over-month in January, despite forecasts for a smaller

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Closing Market Recap: Equities Post Biggest One-Month Gain Since 2002

North American equity markets held modest gains following a late sell-off on Tuesday. March was a very positive month for U.S. equity markets, as both the Dow and the S&P saw their biggest one-month gains since October of 2002.The Dow Jones industrial average closed up 87 points to 7609, the S&P 500 up 10 points to 798 and the Nasdaq up 27 points to 1529. Canadian stocks also ended the day higher, as Toronto's S&P/TSX composite index

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USD/CHF: Dollar hit 1.0975, fresh 4-month low

FXstreet.com (Barcelona) ? The Dollar has reached a fresh 4-month high on Asian session, at 1.0975, although the Pair has picked up slightly to trade around 1.1015 at the time of writing.On a longer point of view, the Dollar continues declining from the 1.1745 high reached on April 20, and the general trend is bearish, as long as the pair remains below 1.1095, according to Rajoo C. technical analyst at Precise Trader: ?The Hourly Oscillators are bearish but oversold so

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Forex: EUR/USD rises to a new 4-month high at 1.3923

FXstreet.com (Córdoba) ? Dollar weakness continues to be the rule. EUR/USD broke above 1.3900 reaching at 1.3923 a new 4-month high. The Euro is getting closer to the highest price of 2009 at 1.3987 (January 2). The pair has risen 170 pips in the last hours. So far today the par has risen 1.02% from opening price. Markets down, gold up Markets are declining in the U.S. with the Dow Jones losing 2.08% and Nasdaq 2.63% despite the fall

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