The dollar gains momentum and rises on all fronts. EUR/USD continues to approach parity, looks vulnerable. European stock markets and Wall Street futures in the red. EUR/USD extended the decline below 1.0100 and posted fresh five-week lows at 1.0051 on renewed dollar strength. The pair remains under pressure, in the low zone, getting closer to […]
Tag: Major Pairs
EUR/USD remains sideways below 1.0200
The dollar with mixed results on Thursday after Fed minutes. The euro adds to the general consolidation. EUR/USD between 1.0140 and 1.0200. EUR/USD is trading flat from Wednesday’s close. Since the American session on Tuesday, the pair has been trading sideways between 1.0140 and 1.0200. The financial markets on Thursday do not present significant variations, […]
USD/CHF rises to 1-week highs near 0.9550
DXY rises 0.27% and approaches 107.00. Swiss franc also falls against the euro, the yen among the worst. USD/CHF recovers from the 200-day moving average to the 20-day moving average. The USD/CHF pair is rising for the fourth day in a row on Wednesday and trade in the area of highs in a week at […]
USD/JPY breaks above 135.00 and hits one-week highs
Widespread fall in sovereign bonds weakens the yen. Japanese currency fails to get support even despite decline in equity markets. USD/JPY recovers 135.00 and the 20-day moving average. The USD/JPY is making steady progress and is trading at 135.25, the highest level in a week. The pair remains in the high zone ahead of the […]
USD/JPY rises to six-day highs near 134.50
Dollar advances throughout the market, DXY approaches 107.00. USD/JPY is close to the 20-day moving average. Ahead: US industrial production and housing starts data. The USD/JPY is having the best day in over a week on Tuesday. The pair rose to 134.48, reaching the highest level since August 10. In the previous American session, it […]
EUR/USD crashes to 10-day lows near 1.0150
The EUR/USD has lost nearly 115 pips during trading on Monday, tumbling from an intraday Asian session high of 1.0268 to a ten-day low of 1.0154 late in the US session. The weakness of the pair is due to the climate of risk aversion that dominates the markets amid the deep crisis of energy in […]
EUR/USD returns below 1.0300 on dollar strengthening
The dollar gains momentum and cuts weekly losses. EUR/USD still bullish in the short term, but with less momentum. Upcoming Economic Report: US Consumer Confidence for August. The EUR/USD is trading in the daily low zone below 1.0290. The decline occurs before a general strengthening of the dollar in the European session. DXY is rising […]
GBP/USD accelerates the fall towards 1.2100, the pound the worst in the G10
The pound among the worst performers among the G10 group on Friday. The dollar improves the tone at the end of the week. GBP/USD erases most of weekly gains. GBP/USD accelerated the downside and fell to 1.2117, posting a new two-day low. Hours ago the pair was trading above 1.2200. The pound weakened on all […]
EUR/USD approaches 1.0350 ahead of new US inflation data.
The dollar falls in the market again, although at a moderate pace. Steady Treasury yields on Thursday. New US inflation data is coming: the Producer Price Index. The EUR/USD regained its smile in the European session and rose from 1.0274 to 1.0342, marked a new high for the day. The pair remains near the maximum […]
USD/CAD makes highs near 1.2880 but remains close to recent range
The dollar with mixed results on Tuesday, before US inflation data. Oil prices rise more than 1%. USD/CAD with limited ranges and support above 1.2830. The USD/CAD is trading at daily highs in the 1.2880 zone, despite the fact that the dollar presents mixed results and the rise in the price of oil. The pair […]