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U.S. Forex Market Commentary

2008-11-19 23:09:03| FXstreet.com The Foreign Exchange Market

EURO The euro moved higher vis--vis the U.S. dollar today as the single currency tested offers around the US$ 1.2770 level and was supported around the $1.2590 level.  The common currency moved to intraday highs during the early North American session as traders braced for more potential selling pressure in U.S. equity markets.  Traders are closely monitoring the progress of Congressional talks involving the largest U.S. auto-makers who are appealing for a bailout of their

Tags market commentary forex forex market

 
U.S. Forex Market Commentary

2008-11-19 23:09:03| FXstreet.com The Foreign Exchange Market

EURO The euro moved higher vis--vis the U.S. dollar today as the single currency tested offers around the US$ 1.2770 level and was supported around the $1.2590 level.  The common currency moved to intraday highs during the early North American session as traders braced for more potential selling pressure in U.S. equity markets.  Traders are closely monitoring the progress of Congressional talks involving the largest U.S. auto-makers who are appealing for a bailout of their

Tags market commentary forex forex market

 
 
U.S. Forex Market Commentary

2008-11-17 23:10:50| FXstreet.com The Foreign Exchange Market

EURO The euro moved lower vis--vis the U.S. dollar today as the single currency tested bids around the US$ 1.2510 level and was capped around the $1.2595 level.  The National Association of Business Economists released a survey that concludes the U.S. economy will shrink 2.6% in Q4 and another 1.3% in Q1, exacerbating the current economic recession in the U.S.  Group of Twenty officials convened in Washington, D.C. this weekend and issued a communiqué that read Against this

Tags market commentary forex forex market

 
U.S. Forex Market Commentary

2008-11-17 23:10:50| FXstreet.com The Foreign Exchange Market

EURO The euro moved lower vis--vis the U.S. dollar today as the single currency tested bids around the US$ 1.2510 level and was capped around the $1.2595 level.  The National Association of Business Economists released a survey that concludes the U.S. economy will shrink 2.6% in Q4 and another 1.3% in Q1, exacerbating the current economic recession in the U.S.  Group of Twenty officials convened in Washington, D.C. this weekend and issued a communiqué that read Against this

Tags market commentary forex forex market

 
Forex Market Outlook on Majors

2008-11-14 09:31:45| FXstreet.com The Foreign Exchange Market

INTRA-DAY GBP/USD OUTLOOK :         1.4832 Updating time : 14 Nov 2008 08:24 GMT Although cable has retreated after intra-day anticipated rebound n further consolidation below 1.4932 res wud be seen, downside wud be ltd to 1.47 80/90 n yield another rise but abv 1.4910 needed to extend nr term upmove fm 1.4560 to 1.4932. Buy again on dips with stop as indicated, only below 1.4774 sup wud risk weakness to 1.4750... Range Forecast 1.4810 / 1.4855

Tags market outlook forex majors

 

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