Forex Market View for May 28, 2015

Forex Market View for May 28, 2015 US Dollar Index, which traces the US Dollar vs. major currencies, is expanding its upside on Thursday past the mid-97.00. Index is currently ahead by 0.21% at 97.57 and a breakout of 97.77 would direct for 98.13 and then 98.41. On the other side, the original support line […]

Forex Market View for May 27, 2015

Forex Market View for May 27, 2015 Greek Economic Minister: Meetings with EU/IMF creditors met on key points. Greek Economic Minister, discussions with EU/IMF lenders have united on key points but much ground to cover. Gold prices are closing a 4-session down streak so far, back to levels last seen around mid-May. Additionally, values are likely […]

Forex Market View for May 26, 2015

Forex Market View for May 26, 2015 Crude oil prices in the US dropped more than 2% on Tuesday on the back of a strong US dollar and hopes of recovery in the US rig total. Crude oil is being hurt once again on added gossip that OPEC will possibly continue its production target at […]

Forex Market View for May 25, 2015

Forex Market View for May 25, 2015 Greece has run out of money, won’t make IMF repayment in June – Greek Interior Minister Greek Interior Minister, Nikos Voutsis, revealed throughout the weekend, the country did not have sufficient reserves to make repayments to the IMF of 1.6 billion euro, which was anticipated next month, because […]