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Forex - Dollar reversed from early week gains against the Euro

The Dollar slid on Wednesday as investors debated the outlook for interest rates in the US and Europe given statements from central bank officials in recent days. Investors expect a euro-zone rate rise as soon as July based on comments from ECB President Jean-Claude Trichet last week, although some of the bank's policymakers have whispered expe

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Forex - Dollar edged up ahead of G8 comments and last week Oil record high

The Dollar edged up to a one-week high versus a basket of major currencies on Monday, on speculation that comments from G8 officials could push Oil prices further away from last week's record highs.The Greenback also continued to benefit from a neutral European Central Bank tone, which reduced expectations of further rate hikes after last Thurs

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EUR/USD: Euro hits a new intra-week low at 1.2965 and returns to 1.3000

FXstreet.com (Barcelona) ? The Euro has hit a new intra-week low at 1.2965 before returning to levels above 1.2980, and at the moment trades around 1.3000; within the consolidation range of the last hours, between the mentioned 1.2980 and 1.3035.According to Greg Holden, technical analyst at Forex Yard, comments of ECB members over the Bank keeping interest rates at current levels have weighed on the Euro: ?Since the beginning of the week the pair has entered a bearish trend, dropping

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Forex: USD/JPY tests 96.00, intra-day high

!--TITOL: h1Forex: USD/JPY tests 96.00, intra-day highFITITOL--FXstreet.com (Barcelona) - The Dollar is continuing its recovery from its lowest level in two months at 94.55 against the Yen and the USD/JPY is testing 96.00 level after rising around 40 pips in the last hour form 95.60. Currently the pair is trading around 95.80/96.00, 0,85% above today's opening price.br /br /Last week, the Greenback lost 3.40% against the Yen after opening the week at 98.70 in Monday, reaching 98.80 as intra-week high

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Forex: GBP/USD reaches 1.5515, fresh 2009 high, back below 1.5500

FXstreet (Barcelona) - After recovering from 1.5115 Monday's low and rise around 400 pips in the first two days of the week, Cable has reached a new 2009 high at 1.5515 in the European session. Currently the pair is trading back below 1.5500 level, close to 1.5475/85, 1.00% above today's opening price.Anna Coulling, Analyst at Master The Markets, suggest to buy on any pullback in Cable: Having facetiously suggested that yesterday we would see an up bar, purely based on

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Forex: Dollar rises against EUR and GPB

FXstreet.com (Córdoba) ? Dollar continues recovering from early loses against cable and euro. EUR/USD recently broke support zone at 1.3380 and start to fall again. At 1.3335 the pair could find another support area. During the American session dollar got stronger after EUR/USD reached a 3-week high at 1.3468 rebounding toward 1.3400 and then 1.3380. GBP/USD failed to hold at 1.5000 and rally downside to 1.4960. Right after the pair reached a fresh 4-month high at 1.5195 fell more

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Forex: USD/JPY: Dollar, consolidating below 99.00

FXstreet.com (Barcelona) ? The Dollar has moved further down from 99.60 May 1 and May 4 high and, after having dropped to 97.90 intra-week low yesterday, the Dollar has been unable to reach above 98.85 resistance level during Wednesday?s Asian session.On the 4-hour chart, we can see the pair forming a triangle pattern with resistance line off 99.60 May 4 high, and support line off 97.90 May 6 low.Resistance levels lie at intra-day high 98.85 and 99.20 (May 5 high),

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