Today’s Unemployment Claims in the USA were much better than expected – 492,000. It showed a significant drop from the numbers in the past few weeks, always above 550,000. It was …
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The EUR/GBP cross currency pair is getting stronger for already 6 weeks. Since November 12th, it broke a resistance line at 0.82. Before that, it was trading in a narrow …
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The conflict in the Gaza strip widens. Israel began moving tanks and infantry towards the Gaza strip. In addition, the Israeli government announced that over 6,000 reserve soldiers will be …
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Today, Israel made a blitz attack on the Hammas strongholds in the Gaza strip. This is a big move in an ongoing conflict. Without getting into the complicated mideast politics, …
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The US dollar became stronger just before Christmas. The current rates are EUR/USD 1.3968, GBP/USD 1.4681, and USD/JPY 90.69. Earlier today, the dollar weakened. All the moves are quite minor. …
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The holidays are already here. Today, two days before Christmas, the moves in the market were quite strange. The most peculiar currency is the most important one: the greenback. Despite …
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The US dollar retracted against all currencies in the European and North American session. THe EUR/USD is back at about 1.44, the GBP/USD is at around 1.53 and the USD/JPY …
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The US dollar plunges further down today, hitting a new low with the Japanese Yen. USD/JPY is at 87.92, the lowest since August 1995. A strong move was also made …
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Ben Bernanke made a sharp move – he lowered the US interest rate to almost the lowest possible value: 0.25%. One step further, and it’s zero – nothing. The sharp …
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The Bank of Japan – BOJ is concerned with the Yen’s recent stength. The recent push to the Yen came after the congress failed to approve the bailout plan on …
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