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  • Sergiy Zlyvko
    Currency » Next week Forex forecast
    Sergiy Zlyvko - December 7, 2013, 09:30 GMT

    The U.S. dollar weakened its position somewhat on Forex world market as a strengthening of the U.S. dollar against most major rivals was offset by a significant increase of the single European currency. Macroeconomic statistics, published during the week, was strong enough for the dollar, but was unable to convince the participants of the foreign

  • Sergiy Zlyvko
    Currency » 5 December Forex daily review
    Sergiy Zlyvko - December 6, 2013, 10:34 GMT

    On Thursday, on international currency market Forex U.S. dollar closed lower against most currencies. Dollar managed to hold its ground against British pound as the pound came under pressure during the press conference of M. Draghi. In November, the ECB decided to cut interest rate by 0.25%. The market reacted to the decision falling by

  • Sergiy Zlyvko
    Currency » 4 December Forex daily review
    Sergiy Zlyvko - December 5, 2013, 10:04 GMT

    On Wednesday the trading in the currency market has been uneven. Service PMI index for the EU countries have been mixed. In Spain, Germany and the Eurozone business activity rose. In Italy and France – declined. Single currency has reacted calmly to the statistics and even slightly stronger against the U.S. dollar and the pound,

  • Sergiy Zlyvko
    Currency » 3 December Forex daily review
    Sergiy Zlyvko - December 4, 2013, 09:20 GMT

    Dollar rolled down in order to continue growing, so the bears again took the market under control. Economic calendar for Wednesday is dense. In Europe today the data on service PMI and Eurozone GDP for the 3rd quarter will be published. In the U.S. session important data from the U.S. will be published. Day should

  • David Becker
    Currency » Yen Weakens on Weak Japanese Data
    David Becker - December 3, 2013, 15:31 GMT

    The yen continued to weaken against most major currencies on Tuesday and tested resistance levels against the greenback. Monday’s stronger than expected ISM manufacturing data drove US 10-year yields back above the 2.80% level as investors started to speculate on whether the Fed would consider tapering given the stronger than expected economic data. Japanese data

  • Sergiy Zlyvko
    Currency » 2 December Forex daily review
    Sergiy Zlyvko - December 3, 2013, 06:39 GMT

    On Monday, the U.S. dollar closed up against the euro and pound. Fall of the single currency began after the publication of PMI production index. The euro/dollar fell to 1.3540. Single currency has been sold, despite strong manufacturing PMI in Eurozone, Germany, Italy and France, which were better than forecasts. Only PMI index in Spain

  • David Becker
    Currency » Next week Forex forecast
    David Becker - November 30, 2013, 14:34 GMT

    The coming week will be the first working week of the month and therefore it is traditionally rich in the important macroeconomic statistics and events that could have a significant impact on the prospects for the dollar and set the mood for the participants of the currency market on the whole December. On Monday, December

  • Sergiy Zlyvko
    Currency » 28 November Forex daily review
    Sergiy Zlyvko - November 28, 2013, 14:57 GMT

    On Thursday in the Forex market the U.S. dollar against other major currencies closed with a slight decrease. EURUSD rate on the background of a thin market and low volatility due to a holiday in the U.S. has stabilized around the level of 1.3600. Pound/dollar after rising to 1.6355 before, closing the day around 1.6340

  • Sergiy Zlyvko
    Currency » 27 November Forex daily review
    Sergiy Zlyvko - November 28, 2013, 08:57 GMT

    On Wednesday, European currencies have tried to continue to strengthen, started a day earlier, but the upside was limited by technical factors. As a result, EURUSD closed Wednesday in the area of 1.3570 and GBPUSD – in the area of 1.6270. The U.S. dollar has updated the lows against euro and pound. In European trading

  • Sergiy Zlyvko
    Currency » 26 November Forex daily review
    Sergiy Zlyvko - November 27, 2013, 08:58 GMT

    On Tuesday after trading, U.S. dollar closed in negative territory. The dollar was closed with growth against the Australian and New Zealand dollars. In the afternoon, the dollar fell across all the market. The decline was caused by disappointing data of U.S. consumer confidence index. And the report on the number of permits issued for