euro usd next week
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 keeps falling
FXstreet.com (Córdoba) ? The dollar weakened again to the Yen for second day in a row. USD/JPY is edge toward last week lows at 94.50. The pair has lost today so far 146 pips. Current price at 94.72 represents a fall of 1.30% from the opening price. Dollar started to fall during the Asian session and continued in the same way during the European and the American. The next support zone is located at 94.50 and below 94.00. Yen
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U.S. Jobless claims rise slightly above expectations; Euro drops below 1.3050
FXstreet.com (Barcelona) ? U.S. Jobless claims have increased by 27 K in the week of April the 18th to a total amount of 640K from upwardly revised 6123K on the previous week.The Euro has dropped slightly immediately after claims figures were released dropping to levels below 1.3050 after having reached an intra-week high at 1.3088. GBP/USD has been rejected by the downward trending resistance line off 1.5065 high on April 16, currently around 1.4570, although the Pound remains above 1.4520
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Pound losses early gains ending week lower
FXstreet.com (Córdoba) ? Cable erased early gains against the dollar during the American Session falling from 1.4770 to 1.4645. Now is being traded around 1.4655 that is 0.36% lower for the day. GBP/USD managed to stay above 1.4400 during the week rallying Thursday and early Friday but couldn?t consolidate above 1.4700. For the week the pair is below it opening price on Sunday, but last days recovered after falling to April lows on Wednesday. The pound also lost against
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Forex (foreign exchange) Currency trading
Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis
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Markets fell for the day and week; Yen biggest gainer
FXstreet.com (Córdoba) ? Wall Street fell Friday. Dow Jones Industrial Average lost 0.75% and Nasdaq 0.54%. The technological index also finished the week with losses ending a 9-week streak with positive results. The Yen was the biggest gainer for the week. On Friday the Asian currency was able to recover Thursday losses and go further against some pairs like the dollar. Greenback rally against Euro and Swiss Franc but was unable to maintain a slightly recovery to the Yen.
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Forex (foreign exchange) Currency trading
Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis
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Dollar could lose momentum
!--TITOL: h1Dollar could lose momentumFITITOL--FXstreet.com (Buenos Aires) - The belief that the worst of global economic turndown is over is likely to continue this week, and dollar could weaken partially against major rivals, losing its safe haven condition. However, Euro won?t find an easy way up as reports last week showed huge contractions in economies throughout Europe and that should pin down any rallies in the single currency. Also, this week the U.K. will present their inflation numbers, and that
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USD will fall further on signs on moderate contraction, says Wachovia
FXstreet.com (Barcelona) - The weak Dollar seems to fall further in the coming weeks on more moderate contraction signs are suggesting that economic recession has left the bottom behind. According to Wachovia the latest moderate declines point to growth later this year and Greenback could decline on growing risk appetite.Last week, USD lost 3.80% against EUR after reaching 1.4050, 4-month high, also against GBP, Cable rose 4.90% in the last week and the pair posted 1.5945, 6-month high.The Wachovia Research
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Euro New Bullish, New Highs, New Trends...???
Euro New Bullish, New Highs, New trends...???The inactivity ruled the past two weeks, and within the horizontal fluctuation band between 1.2060 and 1.1650. This first hours and days of this first week are very important, and will give us a lot of clues about the new year trend, that the is showed in the Elliott wave counting charts.http://www.toros
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