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Posts Tagged ‘holds’

View full post on DailyFX – Technical Analysis – Candlesticks

Dollar holds on to gains as Asian shares slip
The dollar Thursday held on to its previous day’s gains against the yen after Japan stepped into the currency market but Asian stocks were lower as traders took profits from recent advances.

Read more on AFP via Yahoo! Philippines News

Forex: USD/CHF holds above 1.0100
FXstreet.com (Córdoba) – The Swiss Franc has been steady in the last hours moving between 1.0140 and 1.0100 against the Dollar. Currently trades at 1.0120/25, 0.35% below today’s opening price.

Read more on The Forex Market

The Euro pushed higher against the Pound on the day as the outlook for an ECB rate hike improved on the back of better than expected fundamental data and strong demand for Spanish and Irish sovereign debt. Successful bond auctions from two of the most beleaguered countries helped ease concerns that the debt crisis could re-emerge amplifying the positive sentiment and export data that crossed the wires.

View full post on DailyFX – Analyst Picks – Today’s Picks

EUR/GBP Channel Remains Valid As Support Holds
A battered Euro has lost over 500 pips to the pound in the past three weeks which adds to the case for a reversal. However, I often preach that picking tops and bottoms is a difficult task but I have more confidence in our set-up considering the solid trend line that the pair has run up against.

Read more on Daily FX via Yahoo! Finance

Dollar holds most gains as fear drives trading
The dollar slipped Friday but held onto most of the week’s gains as investors sought safety amid the swirling debt crisis in Europe and volatility on stock markets.

Read more on AP via Yahoo! News