ForexBlogger @ August 8, 2012 # Comments Off
EUR/USD fell today as the decline of German industrial production added to evidences that the European economy is stalling. (Event A on the chart.) As of now, the currency pair trimmed some of …
larrygreenberg @ August 8, 2012 # Comments Off
The most intriguing aspect of this month’s meeting of the Bank of Japan’s Policy Board is a new composition of membership. With the additions of Takahide Kuichi and Takehiro Sato, the nine-person committee will be fully staffed for th…
larrygreenberg @ August 8, 2012 # Comments Off
The euro and Swiss franc that shadows it are each 0.3% weaker against the dollar, which otherwise has lost 0.4% versus the yen, 0.2% relative to sterling and 0.1% against the Australian dollar and yuan. The greenback has edged 0.1% higher against…
ForexCycle.com @ August 8, 2012 # Comments Off
GBPUSD Analysis. GBPUSD stays in a trading range between 1.5458 and 1.5767. Lengthier consolidation in the range is still possible in a couple of days. Resistance is at 1.5767, a break above this level will target 1.5900 zone. Support is at 1.5458, a b…