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Dollar mixed in light activity during the American session
FXstreet.com (Buenos Aires) - With thin liquidity ahead of tomorrow?s holiday in several European countries, dollar ended the day mixed across the board, this last day of April. Gbp and Canadian dollar advance against dollar, printing the most interesting winnings of the day, while Euro and Swiss Franc corrected from early European highs, yet spent most of the American session consolidating ending the day negative. Wall Street rallied following previous sessions stocks, despite Chrysler filed for bankruptcy protection in a
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Forex: EUR/USD: Euro rallies to test levels above 1.3035
FXstreet.com (Barcelona) ? The Euro has rallied on late Asian session to reach levels above 1.3035, after having remained trading in range around 1.3000 for most of the session.. At the moment the Euro moves at 1.3045, with 1.3060 level on sight.In case of moving above 1.3065, next resistance level might lie at 1.3090 (Apr 10 low) and above here, 13125/45 (Apr 16 and 15 lows). On the downside, 1.3035 (Apr 22 low) and once below here, today?s low at
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Forex: USD/CHF rises above 1.1400 again
FXstreet.com (Córdoba) ? Dollar recovers across the board of yesterday losses. Against the Swiss Franc is rising 0.50% for the day. During the American Session USD/CHF fell to support zone at 1.1370 and rebounded. Now is testing levels above resistance at 1.1415 reaching intra-day high at 1.1430. Next resistance is at 1.1440. The pair has been moving in an uptrend since reaching 3-week lows at 1.1269 during the Asian session.For more information, read our latest forex news.
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EUR/USD stays below 1.3500; USD/CHF above 1.1200
FXstreet.com (Córdoba) ? U.S. rally during the American session against Euro. EUR/USD fell from 1.3615 to 1.3460. So far today the pair is down 1.09%. The euro is ending a three-week rally, after being unable to break above 1.3750 (March highs). The dollars also strengthen against the Swiss Franc and the Cable. GBP/USD didn?t reach new lows showing a stronger Pound comparing to the rest of the European currencies. The pair was unable to fall below 1.5125 but is
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Sterling closing the day at 1.4675
FXstreet.com (Jakarta) - The Sterling (GBP) had a mixed day coming under pressure in Europe as Q1 GDP came out at -1.9% vs. -1.6% previously. Helping the pair off lows was the better than expected March Retail Sales at 0.3% vs. -0.3%. Easy Forex Team said: ?Overall the GBP/USD traded with a low of 1.4577 and a high of 1.4773 before closing the day at 1.4675 in the New York session.?For more information, read our latest forex news.
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European markets rise on cautious session; Euro and Pound test yesterday's highs
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Forex: EUR/USD: Euro decline, contained at 1.3255; consolidating around 1.3300
FXstreet.com (Barcelona) ? The Euro has lost during the European session, some of the ground Gained during Asian trading hours, dropping from 1.3345 intra-day high to 1.3255 low in European session. At the moment the Euro trades about its daily opening level , at 1.3265.On a longer point of view, the Swiss e Trade Strategy team, sees the Euro in consolidation after last-week?s move: ?The pair lost some of its gained territory this European morning, trading down from highs around
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U.S. markets flew; Dollar weakened losing early gains
FXstreet.com (Córdoba) ? Wall Street rose today. The Dow Jones Industrial Average finish up 2.37% and Nasdaq climbed 3.45%. A report that showed an increase in consumer confidence stimulated investors. Gold fell for the first session in five. The dollar lost part of previous gains and fell across the board during the American session. It ended near multi-month lows against GBP, CHF and EUR. EUR/USD is down 0.17% for the day but raised 70 pips during the American session.
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Forex: GBP/USD jumps up to post 1.6430 as 7-month high
FXstreet.com (Barcelona) - The Sterling has risen an strong pace today's session against the Dollar and the pair is reaching new 7-month highs continuously. In the day, GBP/USD has risen 1.60% from the 1.6180 to break 1.6250 in the Asian session and reach 1.6430 as new 7-month high. Currently the pair is trading around 1.6405/15 fighting to consolidate positions above 1.6400 level.Raivis Zile, analyst at Dukascopy Swiss FX Group, affirms that dollar is felling on the board as recent steady
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