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US Dollar Index – 8th April 2009

Yesterday’s wide spread up bar closed well above both the 9 day and 14 day moving averages, but failed to have sufficient momentum to close above the significant resistance level now in place just ahead at 86.78 and above. For any move higher in the...

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Dollar Index – Daily Chart 6th April 2009

The tone in last week’s dollar index daily chart was decidedly bearish with Friday’s close finishing below all three moving averages mirroring the dollar’s overall poor performance against the basket of currencies.  Last week’s dollar weakness came on the back of continuing optimism in the...

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Currency Options Weekly Outlook – 2nd April 2009

With the raft of economic and fundamental news due for release this week, along with the G20 summit in London, and the Non Farm Payroll figures on Friday, trading currency options provides a safer and more balanced approach to trading currency, than simply opening long...

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