prediction for euro vs dollar for this week in forex

Forex: Greenback "could weaken quickly and dramatically" says Mizuho

FXstreet.com (Barcelona) - After falling strongly in the last week against the rest of the majors, Dollar seems to decline further in the coming days, in fact, according to Mizuho, USD could weaken dramatically. Mizuho says that Brazil?s President Lula and China's Hu Jintao suggested bilateral trades should be settled in different currencies than Dollar.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

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Forex: NZD/USD collapses 3.15%, below 0.5500

FXstreet.com (Barcelona) - The kiwi has lost around 3.15% against USD from 0.5646 today's opening price to reach 0.5487, fresh monthly low. Currently NZD/USD is trading around 0.5505/15 range.Since April 13 NZD/USD has fallen around 450 pips from 0.5933, April 13 highest to 0.5487, today and monthly low. Last week, NZD/USD lost 3.33% from 0.5850 Monday opening price, reaching 0.5933 as maximum and 0.5652 as weekly minimum, to close the week at 0.5657 as Friday closing price.For more information, read

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US MBA Mortgage Applications rise a 2% in the 1st of May week

FXstreet.com (Barcelona) For more information, read our latest forex news.

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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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USD/JPY falls below 94.80, fresh 7-week low

FXstreet.com (Córdoba) ? The Yen strengthen and is rising across the board. USD/JPY rally downside form 95.55 to the 7-weeks low at 94.70. The pair is testing that zone. Next support level is 94.15 (March 20 low). Current price is 94.79 which is 1.22% below opening price. Also against European currencies the Yen is gaining, recovering yesterday losses and heading toward the lows of the week.For more information, read our latest forex news.

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USD may resume trend in Asia

FXstreet.com (Buenos Aires) - Major currencies ended with no change Monday as holidays in U.K. and the U.S. set a very low trading volume. Some rise in risk aversion due to North Korea nuclear test, gave dollar some air after past week free fall. But was Japanese yen the most harmed by such spike, as the currency lost ground in early trading. However, dollar continues bearish across the board, and would take little to see greenback resume the downside trend.Dollar

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Forex: USD/CAD falls after rejecting 1.2180 level

FXstreet.com (Barcelona) - After fighting the 1.2180 level since the Asian session, the USD/CAD has begun to falls quickly last hour from 1.2182 to 1.2126, losing almost all the ground advances today. Currently, the pair is trading around 1.2130/40 after rising 0.05% so far today from opening price at 1.2131.Last week USD/CAD fell 0.50% from 1.2157 Monday opening price, reaching 1.2505 as April maximum and 1.2074 as intra-week minimum, to close Friday at 1.2095.According to Nick Nasad, CMS Forex analyst,

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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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Forex: EUR/USD hits 1.4051 fresh 4-month high

FXstreet.com (Córdoba) ? Euro keeps climbing against the Dollar. EUR/USD recently went above 1.4040 to test 1.4050. The pair continues its up trend. The par has risen 50 pips during the American Session. Current price at 1.4041 is 1% above today?s opening price. EUR/USD is gaining more than 4% during the week. Against the Yen, the Euro is also stronger. EUR/JPY broke above 132.00 rising to 132.70 which is the highest of the week. So far today the par

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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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