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Currency trading in the very weak, and a decline in trading volumes
Today is the last before entering the Christmas holidays, and even after returning from holiday, trading may remain weak until the very last day of trading this year. But, now trading weak trading volumes induced by very weak, you may not without sharp fluctuations, and this is what we see really, but this is the sharp fluctuation in a narrow range. This day, that can last note is clear that the U.S. dollar fell slightly, and some due to the belief that some confidence, the markets, and others indicates that there is some profit taking on the dollar gets, causing some reduction in the rate of exchange.
Some positive economic data released recently was driving because the less worries in financial markets, but unfortunately, it seems that it came at a time of decline in trading volumes, which could deprive us of the pleasure of see the effect on the financial markets when they are in the same natural, and how convinced traders in those really positive data.
Euro against the U.S. dollar
Circulation of the euro exchange rate in a few emerging trend against the U.S. dollar, as having touched the lower euro exchange rate is today at a price of 1.3044, and rose to the top yesterday at a price of 1.3095. The submission of the European Central Bank loans to European banks considered the start of something negative because banks demand large sums of money as a sign that the banking sector is stable, but now considered traders can currently be positive because it was considered that the European Central Bank could help the banks European as to avoid sovereign debt crisis.
Technical analysis is seen in the EUR neutral significant, since the downward trend is needed to confirm the fracture and the stability of below $ 1.3000, while the upward trend may be needed to confirm more than that, and may need to see a breakthrough for levels up to 1.3220 and 1.3270 .
Negative tendency may remain in place according to general economic conditions in Europe and the case of financial markets generally, as traders in financial markets may remain cautious on the state of the public and tension following the sovereign debt crisis. When the first new problem or a sign of the extension of sovereign debt crisis or its effects, we may see the return of the direction of the falling tendency of the Castmraria negative.
The pound sterling against the U.S. dollar
Circulation of the exchange rate of pound sterling against the U.S. dollar today within a range between a low of 1.5661 dollars and the highest at price 1.5706 dollars per pound sterling each, but the pound sterling could not maintain the gains are well today as usual because of the economic data showed a decrease in the services index pointing to a contraction of 0.7 %, while the services index showed annual decline to 0.2%.
Technical analysis shows that the return of the pair traded below 1.5650 is very negative, as this may cause a downward tendency for the husband, but as the volumes are low, the movements do not occur and a clear direction.
The U.S. dollar against Japanese yen
The price of the U.S. dollar against the Japanese yen today by some profit-taking on the U.S. dollar was able to push the dollar lower against a basket of currencies. Decreased U.S. dollar exchange rate from the top at a price of 78.21 yen per U.S. dollar, and touched him at the minimum rate of 77.98 yen per U.S. dollar.
Today is the last before entering the Christmas holidays, and even after returning from holiday, trading may remain weak until the very last day of trading this year. But, now trading weak trading volumes induced by very weak, you may not without sharp fluctuations, and this is what we see really, but this is the sharp fluctuation in a narrow range. This day, that can last note is clear that the U.S. dollar fell slightly, and some due to the belief that some confidence, the markets, and others indicates that there is some profit taking on the dollar gets, causing some reduction in the rate of exchange.
Some positive economic data released recently was driving because the less worries in financial markets, but unfortunately, it seems that it came at a time of decline in trading volumes, which could deprive us of the pleasure of see the effect on the financial markets when they are in the same natural, and how convinced traders in those really positive data.
Euro against the U.S. dollar
Circulation of the euro exchange rate in a few emerging trend against the U.S. dollar, as having touched the lower euro exchange rate is today at a price of 1.3044, and rose to the top yesterday at a price of 1.3095. The submission of the European Central Bank loans to European banks considered the start of something negative because banks demand large sums of money as a sign that the banking sector is stable, but now considered traders can currently be positive because it was considered that the European Central Bank could help the banks European as to avoid sovereign debt crisis.
Technical analysis is seen in the EUR neutral significant, since the downward trend is needed to confirm the fracture and the stability of below $ 1.3000, while the upward trend may be needed to confirm more than that, and may need to see a breakthrough for levels up to 1.3220 and 1.3270 .
Negative tendency may remain in place according to general economic conditions in Europe and the case of financial markets generally, as traders in financial markets may remain cautious on the state of the public and tension following the sovereign debt crisis. When the first new problem or a sign of the extension of sovereign debt crisis or its effects, we may see the return of the direction of the falling tendency of the Castmraria negative.
The pound sterling against the U.S. dollar
Circulation of the exchange rate of pound sterling against the U.S. dollar today within a range between a low of 1.5661 dollars and the highest at price 1.5706 dollars per pound sterling each, but the pound sterling could not maintain the gains are well today as usual because of the economic data showed a decrease in the services index pointing to a contraction of 0.7 %, while the services index showed annual decline to 0.2%.
Technical analysis shows that the return of the pair traded below 1.5650 is very negative, as this may cause a downward tendency for the husband, but as the volumes are low, the movements do not occur and a clear direction.
The U.S. dollar against Japanese yen
The price of the U.S. dollar against the Japanese yen today by some profit-taking on the U.S. dollar was able to push the dollar lower against a basket of currencies. Decreased U.S. dollar exchange rate from the top at a price of 78.21 yen per U.S. dollar, and touched him at the minimum rate of 77.98 yen per U.S. dollar.
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