Online Forex Trading

G10 Advancers and Decliners vs USD JPY 0.01 CHF -0.07 EUR -0.14 GBP -0.35

The Usd continued its strong run in Asian session as oil continued to sell-off to 6 week lows. The EurUsd fell to 1.5670 in early Asia. It attempted a weak rally above 1.5700 before slipping back to near session lows. The UsdJpy is pressuring the 108.00 resistance and NzdUsd collapsed on the RBNZ rate decision, trading down to 0.7418 (the last remaining support stands at 0.7385). The Usd buying...

The Dollar fell near a record low against the Euro as investors believe the worst of the problems in the US financial system are not yet over. While the Dollar has recovered somewhat after better results than expected from big financial institutions such as Citigroup, JPMorgan Chase and Bank of America, investors are awaiting more earnings reports this week. The Euro may gain against the Yen as...