The strong bearish momentum seen in EUR/USD this week, has put the pair under risk of massive…
Posts Tagged ‘momentum’
Gold and silver selling is gaining momentum following reports of Cyprus’ liquidation while crude oil and copper are down after China’s disappointing GDP data.
Gold prices are correcting higher ahead of the opening bell on Wall Street but an expected drop in US inflation may undermine upward momentum.
* Euro rebounds from four-month low vs dollar * Cypriot banks open amidst tight capital control measures * Italy’s funding costs rise as political worries persist * Yen slide loses downward momentum…
WASHINGTON (Reuters) – Manufacturing output bounced back in February, the latest signal of strength in an economy that is showing clear momentum despite the headwind of government austerity.
The dollar opened with some pep Monday, but the threshold for bullish momentum is significantly more difficult to achieve.
EUR/GBP 4H chart 9:45AM EST 3/14/2013 Trendline, momentum: The EUR/GBP has been in an uptrend since… For more information, read our latest forex news and reports.
China’s capital inflows may increase further this year as global liquidity has improved due to policy easing by major economies, and domestic growth gathered momentum, the country’s currency regulator said Friday.
An overall solid employment report with maintained positive momentum in job growth in the private… For more information, read our latest forex news and reports.
Market Brief The weekly positive momentum persisted overnight in Asia. All Asian markets closed the…
Rahul Bajoria, Regional Economist, Barclays explains why growth momentum in India’s economy will remain relatively weak ahead of the release of third-qaurter GDP numbers.
Forex Technical Update Previous: EUR/JPY Due for a Correction after a Major Breakout Swing (11/29) EUR/JPY 4H Chart 11/29/2012 10:10PM EST Brief Consolidation: Following up with the previous update on EUR/JPY, the expected consolidation after a rally from 100.32 to 107.12 was more brief than anticipated. The retracement did not reach the 38.2% mark after finding support at 105.25
The US Dollar (ticker: USDOLLAR) traded lower as the NYSE opened its floor for trading for the first time since Friday, and bearish momentum for the USD favors further losses through short-term trading.
EUR/USD 4H Chart 11/2/2012 9:45AM EDT Bearish Momentum: The 4H EUR/USD chart shows bearish momentum…
What is more encouraging is that there appears no end in sight to the sales momentum, observers said Thursday