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Dollar Index, short but near term positives appearing

<!–TITOL: Dollar Index, short but near term positives appearingFITITOL–>FXstreet.com (Barcelona) – In the May 28th email on the $ index, affirmed the short position (sold on April 27th at 85.60), but warned that further new lows below 79.80 may be limited. The market did indeed weaken from there, reaching a new low at 78.35 this [...]

Dollar rises for the week recovering from multi-month lows

<!–TITOL: Dollar rises for the week recovering from multi-month lowsFITITOL–>FXstreet.com (Córdoba) – Dollar ended the week at the highest levels and strengthen due to sharp rises on Thursday and Friday. Earlier in the week, USD fell to multi-month lows against EUR, CHF, AUD, CAD, and GBP. On Friday, the non farm payroll report number was [...]

Forex: USD/JPY rallies to 98.80

<!–TITOL: Forex: USD/JPY rallies to 98.80FITITOL–>FXstreet.com (Córdoba) – Dollar keeps rising against the Yen. USD/JPY recently broke above 98.50 and went to 98.81 hitting the highest price since May 11th. So far today the pair has risen 2.15% from the opening price. The rally started after the release of the Non Farm Payrolls reports and [...]

Pound extends decline: GBP/USD finds support at 1.5940

<!–TITOL: Pound extends decline: GBP/USD finds support at 1.5940FITITOL–>FXstreet.com (Córdoba) – The dollar continues to rise across the board. GBP/USD bottomed today at 1.5939 extending declines after the NFP report. So far today the pair is down 1.02% from today opening price. The Pound failed to stay above resistance zone at 1.6030 and weakened falling [...]

Forex: USD/CHF reaches fresh intra-week high at 1.0870

<!–TITOL: Forex: USD/CHF reaches fresh intra-week high at 1.0870FITITOL–>FXstreet.com (Córdoba) – Dollar keeps rising across the board. Against the Franc Swiss is extending previous gains mostly achieved after the release of the Non Farm Payroll before the opening bell in Wall Street. USD/CHF is rising 1.50% so far today. The Dollar topped at 1.0870 reaching [...]

Forex: EUR/USD below 1.4000 again

<!–TITOL: Forex: EUR/USD below 1.4000 againFITITOL–>FXstreet.com (Córdoba) – Dollar got stronger in the last minutes and fall below 1.4000 again and currently is testing the support at 1.3975 (intra-day low). So far today the pair is falling 1.40% from the opening price. The Euro started to fall after the NFP report and continued in that [...]

Forex: USD/JPY rises above 98.00 after rebounding from 97.45

<!–TITOL: Forex: USD/JPY rises above 98.00 after rebounding from 97.45FITITOL–>FXstreet.com (Barcelona) – After falling around 75 pips from 98.20 to find support at 97.45, USD/JPY has begun to rise to levels above 98.00 field and it has reached the 98.30, fresh 3-week high. Currently the pair is trading around 98.00/10, 1.50% above today’s opening price. [...]

Forex: EUR/USD’s rebound is capped at 1.4040

<!–TITOL: Forex: EUR/USD rebounds is capped at 1.4040FITITOL–>FXstreet.com (Barcelona) – After falling around 300 pips from 1.4270 to find support at 1.3970 on better than expected US May NFP data, the EUR/USD has begun to rise to test 1.4040 level. Currently the pair has been rejected by this level and it is trading around 1.3985/95, [...]

Forex: GBP/USD: The Pound reaches levels below 1.6000

<!–TITOL: Forex: GBP/USD: The Pound reaches levels below 1.6000FITITOL–>FXstreet.com (Barcelona) – Decline from 1.6660 high on Jun 3 has extended to levels below 1.6000 on today’s U.S. session as the Pound has weakened to an intra-week low at 1.5955, giving away most of the gains posted on the rally from 1.5850 (May 28 low). According [...]

Forex: EUR/USD: Euro drops below 1.4000

<!–TITOL: Forex: EUR/USD: Euro drops below 1.4000FITITOL–>FXstreet.com (Barcelona) – After reversal from 1.4265 intra-day high, the Euro has dropped almost 300 pips in about an hour to drop to 1.3970 support area. At the moment the Euro trades at 1.3985; 1.35% below its day opening price action. According to Valeria Bednarik, collaborator at FXstreet.com, The [...]