| Forex Market News - Nov 4th |
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| Thursday, 05 November 2009 18:01 |
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The reaction to the FOMC statement was muted as policy makers held closely to their previous statement. The Euro did test the 1.49 area in the releases aftermath. The Fed statement showed that while economic activity has continued to pick up, there was softness in household spending and inflation and didn't offer any hints that they would move up their plans to raise rates. |
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EUR/USD, JPY and GBP
26 November 2009 12:29
USD/JPY dropped from levels above 87.00 to 86.25 during Asian session, and the pair picked up to 87.00 previous year low although it has failed to break above here, and has eased to 86.70.EUR/USD rally from 1.4885 low on Wednesday reached 1.5145 on early Asian session, and the pair pulled down to 1.5050 low during European session to bounce up and reach levels right below 1.567.GBP/USD decline from 1.6730 has extended during European session, with the Pound dropping about 225 pips during the...
26 November 2009 12:29
USD/JPY dropped from levels above 87.00 to 86.25 during Asian session, and the pair picked up to 87.00 previous year low although it has failed to break above here, and has eased to 86.70.EUR/USD rally from 1.4885 low on Wednesday reached 1.5145 on early Asian session, and the pair pulled down to 1.5050 low during European session to bounce up and reach levels right below 1.567.GBP/USD decline from 1.6730 has extended during European session, with the Pound dropping about 225 pips during the...- 24 November 2009 08:24 Euro & Gold
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- 17 November 2009 18:39 Euro dollar: this week range
- 15 November 2009 22:23 Gold outlook
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