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Tuesday,
04 March 2008,
10:36 GMT
Research
>
Forex - Technical research
Forexyard Research
04/03/'08 - Credit Crisis Continues to Hurt the Greenback
Yesterday, escalating fears of a recession in the U.S., hammered global stocks and sent the USD to record lows against the EUR for the 5th consecutive day. The greenback's drop to an all time low yesterday came after the ISM Manufacturing report showed that U.S. manufacturing diminished for the second time in 3 months.
• 04/03/'08 - Credit Crisis Continues to Hurt the Greenback
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Monday,
03 March 2008,
12:15 GMT
Research
>
Forex - Technical research
Forexyard Research
03/03/'08 - Greenback Bears Firmly On Top
The dollar began the new week in similar fashion to the way in which it closed last week; falling against most of it major currency rivals. Investors will now have to get used to the notion that the 1.50 key level for EUR/USD has been broken and will continue to rise.
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Thursday,
28 February 2008,
10:57 GMT
Research
>
Forex - Technical research
Forexyard Research
28/02/'08 - USD Still Under Pressure.
Yesterday, the USD fell to a record low vs. the EUR on expectations that the Fed will cut Interest Rates aggressively, despite stubborn inflation. Momentum in the EUR/USD pushed the pair through the closely watched 1.50 level and quickly surpassed 1.51 in the same session. The U.S. currency traded at the 1.5108 level vs. the EUR at 12:45 p.m. in Tokyo, after earlier touching the...
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Wednesday,
27 February 2008,
13:43 GMT
Research
>
Forex - Technical research
Forexyard Research
27/02/'08 - EUR/USD Breaches 1.50
The greenback continued to fall sharply yesterday on the back of more negative U.S economic data which further fueled speculation of an aggressive Fed rate cut in March. The greenback fell to a new all time low against the EUR after U.S Consumer Confidence released well below...
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Tuesday,
26 February 2008,
14:04 GMT
Research
>
Forex - Technical research
Forexyard Research
26/02/'08 - US PPI and Consumer Confidence On Tap
Gold is in the middle of a correction move that is now showing strong signs of support. It appears that it will not be able to breach through the 931.00 level which is a key Fibonacci level of the 854.70/953.20 move...
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1.9074 / 78
