week euro trend

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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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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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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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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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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Forex: NZD/USD tests 0.5650 support level

FXstreet.com (Barcelona) - NZD/USD is testing 0.5650 support after falling from 0.5670 in the last hour. Since the beginning of the European session, Kiwi has been traded in a small range between 0.5650 and 0.5670.Currently the pair is trading around 0.5650/60 after falling 0.26% so far today from 0.5665 today's opening price.Last week, NZD/USD won 0.85% from Monday opening price at 0.5673, reaching 0.58740 as intra-week high and 0.5487 as April low, to close the week at 0.5725 on Friday.For

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