Indian rupee climbs to near 3-wk high; euro move eyed * Robust corporate dlr inflows aids rupee’s rise Read more on Reuters via Yahoo! Malaysia News Rupee firms, but oil payments weigh MUMBAI (Reuters) – The rupee was marginally stronger on Friday on the back of broad dollar losses overseas, but payments for oil imports [...]
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New Zealand Dollar Focus on 2008 High at 8215 Weekly Bars Prepared by Jamie Saettele The NZDUSD sports divergence with RSI on the daily now. The proximity of the last 2 RSI peaks is more bearish than if the peaks were far apart. The 2008 high at 8215 is the next level of interest on [...]
There is more to moving markets than meets the eye! Sometimes you have to think outside the box to get answers to a paradox such as: why does the US dollar continue to rise when it should have crashed and burned a long time ago? How can news commentators and public officials say “Federal Reserve” [...]
Forex Technical Update 8/31/2010 The EUR/USD had a sharp correction rally in the European session but did not invalidate the bearish swing outlook just yet. You can also see the Euro pare losses against the Yen, but the Japanese currency remains firm. The USD/JPY continues to decline. The Swiss franc dominated the European session as [...]