Forex In UK

UK Forex

USD/CAD Weekly Outlook: May 21 - 25 USD/CAD Weekly Outlook: May 21 – 25 By Forex Pros – The U.S. dollar climbed to a four-month high against its Canadian counterpart on Friday, as ongoing concerns over the crisis in the euro zone overshadowed strong Canadian economic data.USD/CAD hit 1.0225 on Friday, the pair’s highest since January 16; the pair subsequently consolidated at 1.0218 by close... Continue Reading | write a comment

USD/CHF Weekly Outlook: May 21 - 25 USD/CHF Weekly Outlook: May 21 – 25 By Forex Pros – The U.S. dollar retreated from a four-moth high against the Swiss franc on Friday, paring some of the week’s gains as market sentiment stabilized after fears over Greece and Spain abated, dampening demand for the greenback.USD/CHF hit 0.9499 on Friday, the pair’s highest since January 17; the pair subsequently... Continue Reading | write a comment

USD/JPY Weekly Outlook: May 21 - 25 USD/JPY Weekly Outlook: May 21 – 25 By Forex Pros – The U.S. dollar slumped to a three-month low against the yen on Friday, as safe haven demand remained supported by concerns over the debt crisis in the euro zone, while disappointing U.S. data also weighed.USD/JPY hit 79.12 on Thursday, the pair’s lowest since February 17; the pair subsequently consolidated... Continue Reading | write a comment

USD/CAD Steady Amid Ongoing Greek Concerns USD/CAD Steady Amid Ongoing Greek Concerns By Forex Pros – The Canadian dollar reversed earlier losses against its U.S. counterpart on Friday after approaching the pair's lowest levels for 2012, but remained low due to concerns the European debt crisis will rattle the global economy.In U.S. trading on Friday, USD/CAD hit 1.0224, up 0.27%, up from a low of 1.0139... Continue Reading | write a comment

U.S. markets close lower; Dow Jones down 0.59% U.S. markets close lower; Dow Jones down 0.59% By Forex Pros – U.S. stocks were down after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.59%, the S&P 500 index shed 0.74%, while the Nasdaq 100 index declined 1.22%. Meanwhile, across the Atlantic, European stock markets closed lower. France’s CAC 40 was down... Continue Reading | write a comment

USD/CAD Weekly Outlook: May 21 – 25

– The U.S. dollar climbed to a four-month high against its Canadian counterpart on Friday, as ongoing concerns over the crisis in the euro zone overshadowed strong Canadian economic data.USD/CAD hit 1.0225 on Friday, the pair’s highest since January 16; the pair subsequently consolidated at 1.0218 by close...

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