Today's US Dollar Trading • USD starts mixed and ends mixed • Volumes drop after London fix • Technical trade dominates after early S/R holds Overnight Preview • Looking for a quiet open on Monday Looking Ahead to Monday All
On July 16, 2008, the Registrant issued a press release announcing its financial results for the second quarter and first six months ended June 30, 2008. A copy of the July 16, 2008 press release is included as Exhibit 99.1
The common currency came off after it was reported that U.S. banking giant Citigroup registered lost less money in the second business quarter than estimated. Citigroup took a charge of US$ 7.2 billion, below the $9.0 billion write-down that was
The Usd is off slightly from yesterday's levels due to a light trading session in Europe. The EurUsd is trading with a 1.58 handle, while the UsdJpy rose to the high 106 price. The GbpUsd broke its previous support level
The major currencies were mixed on the Friday session amid a dearth of fresh economic news. However, the greenback took solace in a better-than-expected earnings report from Citigroup, propping the currency to above the 107-level against the yen to 107.08.
EUR/USD closed higher due to profit taking on Thursday as it extends last week's decline. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing are needed to