Category: Daily Forex Technical Reports

Previous session overview The dollar held its ground on the euro and high-yielding currencies Tuesday, finding support as a rating agency’s threat to downgrade the U.K.’s AAA rating spooked investors and increased…

Previous session overview The U.K. pound fell sharply in Asia Tuesday, dragging the euro down with it, due to reported remarks by a senior official at Fitch Ratings that the U.K. is…

Previous session overview The USD is mixed this morning to start New York after pressing slightly higher to start Asia; lower commodities pricing and weaker equities weighed on the risk trade putting…

Previous session overview The dollar slipped a tad against the yen in Asia Wednesday due to profit-taking, but it may rise briefly later in the day as Japanese fund players are expected…

Previous session overview The euro remained stronger against the dollar in morning New York trading Tuesday, but has pulled back from overnight highs near the psychologically important USD1.50 mark after weaker-than-expected U.S….

Previous session overview The euro nearly touched the psychologically important USD1.50 mark in Asia on Tuesday as falling U.S. interest rates prompted market participants to sell the greenback, while firm regional share…

Previous session overview The dollar is stronger against the euro in early New York trading Friday as investors take end-of-week profits and higher-yielding currencies take a breather after big run-ups over the…

Previous session overview The yen weakened against the euro and dollar in Asia Friday as firm Asian equity markets and commodity prices prompted speculators to dump the safe-haven Japanese currency in favor…