About the Author
Michael Boutros
Michael Boutros, Currency Analyst for DailyFX.com is a Technical/Fundamental Analyst specializing in the FX markets. E-mail: mboutros@fxcm.com.
Twitter: @MBForex
WEB: www.DailyFX.com
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By Michael Boutros |
April 18, 2012
The British pound is the top performing currency against the dollar in early US trade with an advance of 0.51% on the session after moving nearly 113% of its daily average true range.
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By Michael Boutros |
April 16, 2012
The Japanese yen is the strongest performer against a broadly firmer greenback ahead of the European close with an advance of 0.38% on the session.
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By Michael Boutros |
April 12, 2012
The Australian dollar is the top performer against a weaker greenback with a massive advance of more than 1.38% on the session.
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By Michael Boutros |
April 11, 2012
The New Zealand dollar is the top performer against a weaker greenback in early US trade with an advance of 0.71% on the session.
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By Michael Boutros |
April 9, 2012
The Japanese yen is the highest performing currency against a stronger greenback in early US trade with the USD/JPY off by 0.42% on the session.
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By Michael Boutros |
April 5, 2012
The euro is the weakest performer for a second consecutive day with the single currency holding below the confluence of the 38.2% Fibonacci retracement.
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By Michael Boutros |
April 4, 2012
The euro continues to suffer the steepest losses on the session after the ECB held rates at 1.0% in pre-market trade.
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By Michael Boutros |
April 3, 2012
The Australian dollar is the weakest performer against the greenback with a loss of 0.45% on the session as the pair remains within the confines of a descending channel formation dating back to the 2012 high.
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By Michael Boutros |
April 2, 2012
The Japanese yen is the strongest performer against a mixed US dollar with an advance of more than 0.58% on the session.
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By Michael Boutros |
April 1, 2012
The Japanese yen recently has awakened from its seven-month slumber below the 80-handle after making fresh post-World-War-II lows.