Majors Swing From One Session To The Other
Majors Swing From One Session To The Other
Overall, the market sold the dollar in the first part of the day, but reversed almost everything done earlier in the U.S. session. Lately, this is the usual pattern of trading, but rarely does it happen at such a strong magnitude. The dollar might also have been helped […]
An Uneventful Asian Session
An Uneventful Asian Session
Overall, the currency market worked without any major surprises in the Asian session. The only out of the ordinary is that the euro managed to break above the local resistance in the Asian session, something that rarely happens. The rest of the market was quite normal. The calendar ahead, in the European […]
Sluggish Asian Session, As Expected
Sluggish Asian Session, As Expected
Overall, the Asian trading session went very slow. This was expected somehow, after the strong trading sessions seen one day earlier. Since it is Friday, there are chances the market will lack some momentum, but any potential news about the automakers bailout plan has the potential to make the market swing […]