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/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
Markets Assess the Possibility of a Greek Exit from the EMU;
This month’s selling pressure in the Euro reared its head once again after news headlines cited various sources saying that preparations are being made to allow Greece to exit the European Monetary Union. Some of these news outlets were citing th
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
AUD/USD Forecast May 24, 2012, Technical Analysis
The AUD/USD pair fell hard for most of the session as the “risk off” trade was the main theme for the day. However, in the late hours the Americans decided to take the words of the French and Italians as a sign that Eurobonds are coming. This is
USD/CAD Forecast May 24, 2012, Technical Analysis
The USD/CAD pair rose for much of the session as the “risk off” attitude continues to plague the markets in general. Adding to the bullish pressure is the fact that the oil markets fell, and this in turn hurt the Loonie. The end of the day saw a
NZD/USD Forecast May 24, 2012, Technical Analysis
The NZD/USD pair fell through the vital 0.75 level on Wednesday to really increase the selling pressure in this market. The pair bounced at the end of the session though, to form a hammer at this all-important level. The fact that it did this sug
AUD/USD Fundamental Analysis May 24, 2012 Forecast
Analysis and Recommendation: (close of Asian session)The AUD/USD continues to fall, trading at 0.9771 as Asian markets close for the day.
The risk aversion mode of the markets continues to push the USD to dominate all of its trading partne
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 ...
Binary Options Daily Setup May 24th 2012
Today, Thursday, May 24th produces 8 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. U.S. Unemployment Claims today, will probably have an effect on the USD/JPY.
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,
USD-JPY prediction may 24 2012
USD/JPY is last at 79.51, bouncing from day lows at 79.21, and falling from yesterday's and weekly highs at 80.15,


