You are currently browsing the SereneLoi.com weblog archives for the day Thursday, November 26th, 2009.

Market Brief – 26Nov – Asian

Rumours Of SNB Intervention To Weaken CHF, And Rising Concerns On Strength Of JPY Final confirmation of the break out in currency ranges came late in the US session yesterday; as EURUSD ensured a daily close through the key 1.5100 technical level, after a quick thrust through final resistance triggered stops all the way up [...]


Market Brief – 25Nov – US

Dollar Selling Triggers A Tentative Break-Out From Recent Ranges Renewed confidence in USD-selling on the back of last night’s FOMC Minutes and buoyant equity markets has finally pushed the USD down through major supports that have defined currency ranges for the past couple of weeks. EURUSD traded steadily higher through 1.5000 this morning before finally [...]