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Forex Technicals by RCPL Forex
Euro: The pair recovered around 260 pips from the days lows of 1.3480 and made a high of 1.3740 in yesterdays trading session. It took resistance at the 100 hourly EMA and is currently trading at 1.3620. We expect resistance to come in again at the 100 hourly...
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Market Overview by Forex Yard
Economic News
* USD
Bernanke Fails to Reverse Declining Confidence in the Market
Failing to put a cap on market fears yesterday, the speech delivered by Federal Reserve Board Chairman Ben Bernanke could best be described as lukewarm. On top of declaring a...
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BoE Governor King Supports Government Efforts, Stating the GBP 50B Recapitalization Package a 'Significant Step' (Update)
BoE Governor King says the GBP 50 bln recapitalisation package is a necessary to rebuild confidence within the financial sector. He called the government's...
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Forex Market Update
AUD collapses in sympathy with equity markets. Dramatic Fed steps to make unsecured loans fail to boost sentiment.
UK bank rescue plan this morning. Fed steps easing some money market stress and could throw the EUR some support
LATEST HEADLINES
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Betonmarkets.com Morning Report
Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com
The FTSE currently indicates a really weak opening, which is being caused by the continuation of a sell-off, which started in US last night. Mr. Bernanke warned on...
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Market Update from Trade The News
Asian Market Update:
The Hang Seng and Nikkei lead Asian equities lower
Forex: Volatility in FX majors was
suspiciously subdued in Wednesday's Asian session in spite of the rout in
Far East equity indices. USDJPY was tightly rangebound just...
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AUD/USD - Australian Dollar US Dollar, European Session - 08/10/08
0,6947.
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EUR/AUD - Euro Australian Dollar, European Session - 08/10/08
1,9645.
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EUR/CAD - Euro Canadian Dollar, European Session - 08/10/08
1,5045.
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EUR/CHF - Euro Swiss Franc, European Session - 08/10/08
1,5463.
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EUR/JPY - Euro Yen, European Session - 08/10/08
135,51.
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EUR/USD - Euro Dollar, European Session - 08/10/08
1,3550.
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GBP/JPY - British Pound Yen, European Session - 08/10/08
173,86.
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GBP/USD - British Pound Dollar, European Session - 08/10/08
1,7460.
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USD/CAD - US Dollar Canadian Dollar, European Session - 08/10/08
1,1092.
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