Euro Posts Weekly Gains, Future Remains Uncertain
The euro posts gains this week even though it’s unclear whether Greece would receive the next portion of the planned €130 billion bailout. The future of the euro remains uncertain as a good outcome of the Greek story is in no way guaranteed.
AUD/USD Forex Forecast Review 11 Feb 12
This forex forecast review touches on the fundamental and technical aspects of the currency pair.
Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and NZD
Greek authorities signed off on stringent austerity measures that have already incited riots in Athens and public outcry as the measures will cut into the welfare state and weigh heavily on the already struggling economy. However, EU officials signaled ...
GBP/USD: Trading The U.K. Consumer Price Report
In turn, a weak CPI reading could spark a sharp reversal in the GBP/USD, and we may see the exchange rate fall back towards the 38.2% Fibonacci retracement from the 2009 low to high around 1.5730-50 to test for near-term support.
EUR/USD Slips as Greece Doesn’t Receive Rescue
EUR/USD was dropping today virtually without pause, a trend that started yesterday’s evening. The major news today was a denial of the new portion of bailout for Greece until Greek leaders would agree on deeper budget cuts. Forex market roiled on
Indonesia Cuts Interest Rates, Rupiah Weakness Ahead
Indonesia’s central bank cut rates by 25 basis points to 5.75% on Thursday. A very surprising move, the rate cut caught a lot of market analysts and traders by surprise given that the Indonesian economy has actually been growing at a torrid pace
Canadian Dollar Drops Most in a Month as Europe Witholds Greek Bailout
Canada's dollar weakened the most in a month against its US counterpart after European finance ministers held back a second bailout package for Greece, damping demand for riskier assets. The Canadian currency retreated past parity with the US dollar ...
CAD Drops as Greek Story Takes Troublesome Turn
The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.
USD/CHF Ranging Between 0.9088 and 0.9264
The bearish bias we saw in the previous update did not materialize into a breakout to the downside. Instead the market edged lower but bounced off the 0.9088 level. A The 1H chart shows that this came after a bullish divergence with the RSI readi
USD/CHF Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
EUR/USD Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
NZD/USD Forecast February 10, 2012, Technical Analysis
The NZD/USD pair continued to grind sideways during the Thursday session as the pair takes a breather from the massive bull move it had recently seen. The Dollar is under pressure in general, and the commodity currencies have been loved since the


