Author: Irit Rutenberg

By ForexMansion.com   The GBP/JPY moved very little today, showing an ambivalence to the market in general. Because of this, we are looking for a large candle to point our way at these levels. Since the JPY has been sold off by...

By ForexMansion.com   The EUR/USD surged higher on Wednesday as the dollar slumped and the common currency returned to the upside with the ragging return of the risk appetite to the market. The euro surged to a 15-month high...

By ForexMansion.com   A parade of UK data will be due at 08:30 which will probably affect the pair’s movement. Public finances deficit is predicted to widen to 14.0 billion pounds in March from the prior 7.0 billion...

By ForexMansion.com   The Swiss economy will release today M3 money supply for the year ending March, yet the news is expected to have slight effect on the pair’s movement that will be more affected by US data. As of 12:30...

By ForexMansion.com   Optimism spread in global financial markets on Wednesday after a number of U.S. companies posted better than expected earnings for the first quarter of 2011, where leading companies from different sectors...

By ForexMansion.com   The USD/CAD pair extended its drop on Wednesday, where a weak U.S. dollar in addition to rising commodities helped the Canadian dollar to rise and push the USD/CAD pair to the downside, where optimism...

By ForexMansion.com   The USD/JPY found itself very quiet today, sitting at current support in the all-important 82.50 area. This shows that the market still wants to rise, although it could be choppy as the central banks are...