Building Archive

  • Daily Report: Dollar Building Strength to Extend Rebound

    Daily Report: Dollar Building Strength to Extend Rebound

    Dollar is gathering some strength in early European session and is set to extend this week’s recovery against major currencies. Yen is also following after China stocks slumped -1.5% on comments from China Banking Regulatory Commission that banks should "strictly implement" curbs on loans to...

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  • EURUSD – Risk Of A Return To 1.2466 Building Up

    EURUSD – Risk Of A Return To 1.2466 Building Up

    Though gaining marginally to close higher on Thursday, EUR has potential of returning to the 1.2466 level, its Jun 21′10 high. This is coming on the back of a halt of its weakness from the mentioned level on Wednesday. A firm break above the 1.2466...

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