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Forex Reviews and Forecasts

11 March 2010
Forex Overview
The yen rose against the dollar and euro, bouncing back from Thursday's disappointing Japanese economic-growth revision, after Chinese economic data raised investors' concerns that interest rates would rise...
11 March 2010
Swiss Franc May Turn Volatile Against Euro as SNB Announces Monetary Policy
The Swiss Franc may see a pick-up in volatility against the Euro as the Swiss National Bank makes its monetary policy announcement, with traders keen to see if policymakers will further relax their posture on currency market intervention...
11 March 2010
Daily Forecast
EUR/USD Trading range: 1.3610 - 1.3710; Trend: Upward; Buy at 1.3621; SL 1.3589; TP 1.3698...
10 March 2010
Forex Overview
The euro ticked up against the yen in Asia Wednesday, as Japanese importers buying the single currency on a regular settlement day set the tone of the market amid a lack of other trading cues...
10 March 2010
Daily Forecast
EUR/USD Trading range: 1.3615 - 1.3515; Trend: Downward; Sell at 1.3605; SL 1.3637; TP 1.3528...
10 March 2010
British Pound Little Changed in Asia, Industrial Production on Tap Ahead
The British Pound was little changed in Asian trade, treading water near familiar levels ahead of a report that is expected to show industrial production shrank at the slowest annual pace in nearly two years...
9 March 2010
Pound Declines on Soft Retail Sales, House Prices Data and Bank Downgrade Scare
The British Pound declined against the spectrum of major currencies in overnight trade after a disappointing set of house price and retail sales figures as well as rumors that Moody’s may downgrade the bonds of several UK banks...
9 March 2010
Forex Overview
9 March 2010
Daily Forecast
EUR/USD Trading range: 1.3645 - 1.3545; Trend: Downward; Sell at 1.3633; SL 1.3665; TP 1.3556...
8 March 2010
Forex Overview
The dollar rose to a two-week-high against the yen Monday in Asia, as higher regional shares bolstered investors' appetite for riskier, higher-yielding assets, and they dumped the safe-haven Japanese unit for the U.S. currency...
8 March 2010
Daily Forecast
EUR/USD Trading range: 1.3715 - 1.3615; Trend: Downward; Sell at 1.3703; SL 1.3735; TP 1.3626...
8 March 2010
Euro May Rise Against US Dollar Amid Fading Greece Concerns, Risk Recovery
The Euro may extend overnight gains into European trade amid receding concerns about Greek credit woes the country conducted a successful bond auction and received strong endorsements for its austerity measures from France and Germany...
5 March 2010
Forex Overview
5 March 2010
Daily Forecast
EUR/USD Trading range: 1.3720 - 1.3620; Trend: Downward; Sell at 1.3710; SL 1.3742; TP 1.3633...
5 March 2010
Currency Markets Mark Time in Asian Trade Ahead of US Jobs Report
Currency markets kept to narrow ranges in overnight trade, marking time ahead of the upcoming release of the closely-watched US employment report. UK Producer Price Index figures headline the docket in European hours...
4 March 2010
Forex Overview
The euro edged lower against the dollar in Asia on Thursday as U.S. and European banks took profits after the euro hit a two-week high overnight...
4 March 2010
Daily Forecast
EUR/USD Trading range: 1.3720 - 1.3620; Trend: Downward; Sell at 1.3710; SL 1.3742; TP 1.3633...
4 March 2010
Euro Looks to ECB Take on Greece, Pound Vulnerable on Dovish BOE
Euro traders are bracing to hear the European Central Bank’s take on the developing debt crisis in Greece while the Pound may see selling pressure as the Bank of England reinforces a dovish posture with twin interest rate announcements ahead...
3 March 2010
Forex Overview
The dollar touched a two and a half month low against the yen in Asia on Wednesday due to selling by Japanese exporters, falling long-term U.S. interest rates, and expectations for weak U.S. jobs data...
3 March 2010
Daily Forecast
EUR/USD Trading range: 1.3665 - 1.3565; Trend: Downward; Sell at 1.3653; SL 1.3685; TP 1.3576...
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