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Day: July 18, 2009
July 182009
Dollar Slides as Optimism Attracts Investors to Yield
The U.S. dollar posted the weakest performance versus the euro since May as corporate earnings in North America came better-than-expect and U.S. government reports brought optimism to equities and currency markets, attracting investors to high-yielding options, consequently damping demand for the greenback. The dollar posted significant losses versus most of the 16 main traded currencies after a U.S. housing starts report showed […]
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July 182009
Forex Technical Analysis for 07/2007/24 Week
EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: sell. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3581 1.3706 1.3821 1.3946 1.4061 1.4186 1.4301 GBP/USD 1.5605 1.5793 1.6002 1.6190 1.6399 1.6587 1.6795 USD/JPY 86.59 89.18 90.87 93.46 95.15 97.74 99.43 EUR/JPY 118.92 […]
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