Category: Daily Forex Technical Reports

Previous session overview The euro weakened Friday morning against the dollar after worse-than-expected U.S. durable goods data threw cold water on a possible risk rally. In another sign of a pause in…

Dollar is set to resume yesterday’s rebound after disappointing durable goods orders released in US. Headline orders unexpectedly dropped -2.4% in August versus expectation of 0.1% rise. Ex-transport orders was flat comparing…

Previous session overview The yen rose against the dollar and the euro in Asia Friday, as Japanese exporters repatriated profits while speculators pushed the yen to a four month high against the…

Previous session overview The U.K. pound is down sharply Thursday morning after remarks from Bank of England Governor Mervyn King suggested the U.K. central bank is comfortable with weakness in the currency….

Previous session overview The dollar fell against the yen in Asia Thursday due to heavy selling by Japanese exporters for quarter-end settlement, and dealers say the unit may fall further on lingering…

Previous session overview The dollar stabilized Wednesday in early New York trading, after falling overnight to a fresh 12-month low against the euro and 13-month lows versus the New Zealand and Australian…

Previous session overview The U.S. dollar tumbled across the board in Asia on Wednesday, hitting fresh annual lows against the euro, the New Zealand dollar and the Australian dollar ahead of the…

Previous session overview The dollar sold off broadly overnight Tuesday, reversing gains from the two previous global sessions to hit new 12-month lows against the euro and Swiss franc. Investors turned to…