Action Insight | Written by ActionForex.com | Jul 26 07 08:09 GMT |
Forex Daily Technical Report Focus on New Homes Sales and Durables, Kiwi Tumbles after RBNZ Hike
Dollar is generally firm and sets to continue the current recovery as markets are turning focus to today’s new home sales and durable goods orders data. […]
Action Insight | Written by ActionForex.com | Jul 25 07 14:29 GMT |
Forex Mid-Day Technical Report Dollar Rebound Continues, Ignore Disappointing Housing Data
Dollar reacts little to disappointing housing data from US and continues to edge higher against Euro and Swissy in early US session. Existing home sales fell for the fourth consecutive month […]
Action Insight | Written by ActionForex.com | Jul 25 07 08:53 GMT |
Forex Daily Technical Report Dollar Rebounds ahead of Existing Home Sales
Dollar rebounds against European majors today. A short term correction is at least due for the deeply oversold dollar. And, with the failure to take out some important medium term resistance […]
The Euros rise against the USD over the last year has been swift and unimpeded. Many commentators have theorized that it is intense pessimism surrounding the US economy and economic conditions-namely the burgeoning twin deficits-that is responsible for the Dollars demise. Now, a new theory is being batted around, one that is quickly gaining traction […]
Action Insight | Written by ActionForex.com | Jul 24 07 13:21 GMT |
Forex Mid-Day Technical Report CAD Surges on Retail Sales, EUR/USD Scores Another Record High
USD/CAD tumbles sharply immediately after the release of Canadian retail sales data which showed sales grew at fastest pace in almost a decade at 2.8%, much stronger than […]