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List of major events that could affect the trading of the pair GBP/USD for the week ending March 11th, 2011 are as follows: Today official data on consumer credit was published in United States. On Tuesday March 8th, 2011 data on retail sales and house prices will be released in United Kingdom while...
The US markets remained closed yesterday on observance of President’s Day holiday. In United Kingdom industry data on house prices was reported yesterday. Today in United Kingdom official report on public sector net borrowing is released while United States will publish its consumer confidence report...
The US dollar advanced versus the Japanese Yen on Friday’s overnight trading session. The greenback surged 0.17 percent to 83.45 against the Japanese currency in European trading session. The pair USD/YEN is expected to find support at 83.10 however could witness resistance at 83.97 level which also...
The list of events that could affect trading of the pair GBP/USD in current week are as under:- Today official data on personal consumption expenditure is to be reported in United States. Further the leading indicator of Chicago PMI will also be published. On Tuesday February 1st, 2011 official data...
The British Pound surged 2 percent versus the greenback in the last week on the expectations of high interest rates and stable purchasing by Asian central banks. The pair GBP/USD reached 1.5855 against the US dollar reporting the increase of 2.18 percent for the last week. The pair is expected to experience...
The dollar index DXY surges; US dollar under pressure against in European trading session on successful Greek Auction
The dollar index DXY, the measure of US dollars activity against its six major counterpart currencies surged to 77.006 from 76.979 as on Monday. However the US dollar remained under pressure in the start of the session against the Euro and British Pound on the news of successful Greek bill auction. The...
The Euro dropped against US the dollar in overnight trading. The pair EUR/USD declined 0.13% to 1.4122 on Thursday. Analysts believe that pair will see support at 1.3864 while resistance can be seen at 14.182 which was also the day’s high on Wednesday. The Euro also declined against the Japanese Yen...