GBP/USD Dips Further, Next Target 1.56
On Wednesday Pound/Dollar continued decreasing with 100 pips. The Cable depreciated from 1.5772 to 1.5668 yesterday, in line with the negative money flow sentiment at nearly -22%, closing the day at 1.5689. Today the British Pound weakened slightly ...
EUR/USD Shows Signs of Consolidation; Needs to Break 1.26
The EUR/USD made a fresh low during the European session after manufacturing data out of the eurozone showed a sharper contraction in May than forecast. As we gear up for the US session, it remains above 1.25, and is developing a bullish divergen
EUR/USD Sliding on Weak German Data, Grexit Worries
The euro free fall continues, as EUR/USD has dropped to lows not seen since July 2010. Weak business climate and manufacturing data out of Germany pushed the pair downwards, and the inconclusive, unimpressive EU Summit was of no help to the belea
Euro Bears Ride the Downtrend as Greek Hopes Fade
With the market’s focus almost entirely on the growing possibility of a disorderly Greek exit from the Eurozone, mixed data from Germany couldn’t help dissuade bearish sentiment. The German Statistics Office reported earlier that 1st quarter GDP,
Euro/USD Declined Again on Wednesday –Daily Recap May 23
The Euro/USD continued its downward trend and tumbled down during yesterday’s trading. The recent EU Summit didn’t help rally the Euro. Furthermore, the Aussie dollar and other currencies such as the GBP also depreciated against the USD. The safe
Have the Bears Taken the Euro Low Enough?
The European debt mess continues to evolve, and perhaps there is a lot more to the down side, but the trade is lined up very short. A bullish surprise might jolt the market.
EUR/USD Forecast May 24, 2012, Technical Analysis
The EUR/USD pair had a rough session on Wednesday as the markets continue to punish the Europeans for dawdling when it comes to figuring out the financial health and soundness of the region. Several countries are essentially bankrupt, and the dan
EUR/GBP Forecast May 24, 2012, Technical Analysis
The EUR/GBP pair fell during the session on Wednesday in order to touch the 0.80 level again. The pair then bounced a bit, essentially to form a doji for the day. The pair likes to grind sideways, and it looks as if we could be getting ready to d
EUR/CHF Forecast May 24, 2012, Technical Analysis
The EUR/CHF pair continued to sit still during the Wednesday session as the floor put in the pair by the Swiss National Bank at the 1.20 level continues to hold. This market is a buy only one because of this, and as a result it is basically dead
EUR/GBP Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:The EUR/GBP declined to 0.8007 from the opening at 0.8048 as the euro continued to lose strength, even with negative eco data in the UK and the IMF forewarning, the euro could not hold against the sterling.
Yes
Australian Stock Market Report Midday 5/24/2012
Metal prices on the London Metals Exchange (LME) fell dramatically with copper touching a new 4 month low, but today our leading miners are higher in early trade. Big name miners; Rio Tinto Limited's (RIO) added 0.09% to $56.33 as BHP Billiton Limited ...
EUR-USD prediction may 24 2012
EUR/USD continues to get cheaper this year, following an intangible EU summit. The pair, plagued with an enormous bearish sentiment on growing 'Grexit' prospects,


