Growing Hope of ECB LTRO #3 Gives European Equities a Jolt
So far, Europe’s equity markets are enjoying another up day, following a string of declines as investors brace themselves for what is likely to be Greece’s withdrawal from the Eurozone. What is providing some buoyancy is growing speculation that
Euro off near 2-yr lows, but seen struggling
The euro inched up from two-year lows against the dollar ...
ForexLive European Morning Wrap: Mild Risk On Backdrop
European stocks, gold, oil, US treasury yields all marginally firmer, reflecting a mild risk on backdrop.EUR/USD up at 1.2585 from early 1.2530, having reached the dizzy heights of 1.2603 at one stage. The release of slightly better than expe
GBP/USD Stabilizes Above 1.565
On Thursday Pound/Dollar traded within 90 pip range. The Cable appreciated from 1.5637 to 1.5727 yesterday, in converse with the negative money flow sentiment at nearly -28%, closing the day at 1.5662. Today the British Pound is trading quietly, ...
EUR/JPY and GBP/JPY at Declining Channel Support
Basically in both the EUR/JPY and GBP/JPY, we are ready for some corrective rally. However, there is still further downside before some more key support factors come in play. So without confidence for the bullish outlook from the current support,
Daily Technical Strategist: GBPJPY
GBPJPY – Having continued to hold on to its broader downside GBPJPY looks to target the 124.63 level.
German stocks - Factors to watch on May 25
Related news GERMAN ECONOMIC DATA German consumer morale held steady going into June, the GfK market research group said on Friday, as business cycle expectations shot up despite renewed euro zone turbulence. EUROPEAN FACTORS TO WATCH DIARIES REUTERS ...
Negative Q1 GDP Growth in UK Weighs on GBP; FTSE 100 Hovers
High yielding currencies were lower during the last few sessions, propelled in part by disappointing growth figures out of the UK. First quarter GDP numbers in the UK were lower than market expectations (largely on weakness seen in the constructi
GBP/USD Fundamental Analysis May 25, 2012, Forecast
The GBP/USD traded in a fairly tight range today, closing at 1.5696. Remembering that the GBP was in striking range of the 1.63 price level just a fortnight ago. The UK continues to see negative eco data, and a weak housing market.
EUR/CHF Fundamental Analysis May 25, 2012, Forecast
The EUR/CHF strengthened today in an unexpected move, as the pair is now trading at 1.2038. Late in trading the pair soared to hit a high of 1.2068 and then declined to trade at 1.2038
Gold Fundamental Analysis May 25, 2012, Forecast
Gold climbed today adding over 20.00 to reach 1569.15.Overall market sentiments continue to reel under pressure from the lingering euro zone financial crisis and, weak economic indicators from Euro Zone and China added additional pressure ove
USD/JPY Fundamental Analysis May 25, 2012, Forecast
The USD/JPY is trading at the end of the Asian session at 79.48As risk aversion remains the call of the markets, investors are ignoring fundamentals and continue to move to safe havens, shedding anything associated with the EU. After the coll


