0.0 00 The euro currency is wallowing at a falling short term trend line against the British pound. The benchmark EUR/GBP currency exchange rate is trading below the two hundred (200) hour simple moving average and …
Read More »Dollar Trades below Key Simple Moving Averages
0.0 00 The almighty U.S. dollar (USD) is trading quietly against the Canadian currency as we head into Tuesday. The benchmark USD/CAD Forex market is trading around 1.2370 and below the one hundred (100) day simple …
Read More »Spot Gold Sinks on Hawkish Fed Commentary
0.0 00 Primarily thanks to hawkish commentary from the U.S. central bank last week, which shocked the global financial markets, the widely traded spot gold futures contract fell sharply lower as the greenback strengthened. The U.S. …
Read More »Euro Currency Looks to Stop the Skid against the Dollar
0.0 00 The euro currency is not sitting pretty against the U.S. dollar. The benchmark EUR/USD currency exchange rate lost ground for the third week in a row and currently trading below all three key daily …
Read More »British Pound Edges higher against the Japanese Yen
0.0 00 The British pound has edged higher against the Japanese yen during the start of the early Asian trade session as we head into the weekend. The GBP/JPY currency exchange rate is trading at the …
Read More »Dollar Loses Steam against the Canadian Currency
0.0 00 After an impressive run higher this week, the U.S. dollar has retreated against the Canadian currency as the benchmark USD/CAD currency exchange rate is trading near 1.2345. This Forex market hit its highest price …
Read More »Euro Currency Falls Sharply and below 1.20
0.0 00 The euro currency is sinking like a stone in the water against the U.S. dollar. The headline EUR/USD currency exchange rate has set a new monthly low price point and is below the key …
Read More »Spot Silver Plummets after the Federal Reserve Decision
0.0 00 The spot silver futures contract has broken lower since the Federal Reserve Board’s monetary policy decision on statement. Silver, however, is still trading above $27 per ounce. The 100 day simple moving average is …
Read More »Euro Currency Trades in a Narrow Band ahead of Data
0.0 00 The euro currency is trading within a narrow twenty (20) pip range ahead of key economic data and tomorrow’s Federal Reserve Board’s monetary policy and rate decision. The EUR/USD currency exchange rate is trading …
Read More »Dollar Holds above the 200 Hour SMA against the Loonie
0.0 00 The U.S. dollar continues to lose momentum as the USD/CAD currency exchange rate is challenging the two hundred (200) hour simple moving average. Forex traders will be looking at key retail sales data out …
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