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EUR/USD: Euro (1.3973) showed some correction last week, however resumes its rally to begin the week positively to stay above 1.3950 levels today. Euro jumps this morning, as the markets expect that the FED is almost certain to announce QE2 at the November FOMC meeting. The bias is neutral in

EUR/USD: Euro (1.3973) showed some correction last week, however resumes its rally to begin the week positively to stay above 1.3950 levels today. Euro jumps this morning, as the markets expect that the FED is almost certain to announce QE2 at the November FOMC meeting. The bias is neutral in

The pivotal resistance areas of 130.50 succeeded in pushing the pair to the downside as seen on the provided daily chart, while SMA 50 is adding more negative pressure on the pair. Hence, we believe that the harmonic formation hasn’t been completed yet and the CD leg of the suggested

The pivotal resistance areas of 130.50 succeeded in pushing the pair to the downside as seen on the provided daily chart, while SMA 50 is adding more negative pressure on the pair. Hence, we believe that the harmonic formation hasn’t been completed yet and the CD leg of the suggested

The euro continues Friday’s recovery, extending gains above $1.3950 to as high as $1.4010 at time of writing. The dollar is weaker across the board on speculation the Fed will take more credit-easing measures amid signs of a stagnant economic recovery. Next resistance region is set around 1.4050 followed by

The euro continues Friday’s recovery, extending gains above $1.3950 to as high as $1.4010 at time of writing. The dollar is weaker across the board on speculation the Fed will take more credit-easing measures amid signs of a stagnant economic recovery. Next resistance region is set around 1.4050 followed by

On Friday the Euro/Dollar decreased at first in the morning, but later recovered all losses. The European currency depreciated down to 1.3806, from where it climbed back up to 1.3952 on Friday, matching the neutral Interbank sentiment projection at around +4%, closing the week at 1.3941. This morning the Euro

On Friday the Euro/Dollar decreased at first in the morning, but later recovered all losses. The European currency depreciated down to 1.3806, from where it climbed back up to 1.3952 on Friday, matching the neutral Interbank sentiment projection at around +4%, closing the week at 1.3941. This morning the Euro

Asian session set the pace for a busy week in the markets worldwide, as investors prepare for historic Fed decision on additional quantitative easing, midterm elections, and monthly jobs data in the US, as well as interest rate decisions out of Australia, Japan, UK, and the ECB. Risk appetite was

* Times listed are GMT