Daily Technical Strategist: EURUSD
EURUSD: Having reversed its corrective recovery, the pair is on the verge of resuming its broader weakness.
Safe to Sell EUR in the Hole?
The steep decline highlights the ongoing squeeze faced by UK consumers as they struggle with high inflation and subdued earnings growth in a technical recession. The EUR/GBP short remains in play with the recent technical bounce being overdone.
Eurozone Current Account Logs Surplus In March
The surpluses were partially offset by EUR 8.8 billion deficit in current transfers. The 12-month cumulated seasonally adjusted current account posted EUR 9.6 billion surplus in March, which was around 0.1 percent of euro area GDP, compared with a ...
EUR/USD - Can the EU Summit Ease Market Jitters?
The euro continues to slide, as the currency has dropped to levels not seen since August 2010. With the EU Summit underway, the markets will be hoping that there are some tangible results and not just handshakes and hugs. The leaders will need to
EUR/GBP Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/GBP opened trading at 0.8094 and declined to 0.8072 as the euro continued to fall against most of its partners.
There was little in the way of eco data from Europe and some disappointing numbers in the U
EUR/CHF Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/CHF remains deadlocked at 1.2010. As markets continue in risk aversion mode, the euro continues to decline against most of its partners, but the SNB floor at 1.20 keeps the pair locked in the same small trad
EUR/USD Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/USD continued to fall in today’s session. At present the euro is bringing 1.2734
Once again, it has been a fairly light day for eco data, so new flow controlled markets, news has also been mixed as the
Australian Stock Market Report Midday 5/23/2012
Metal prices held up ok on the London Metals Exchange (LME) but US based gold and oil prices continued to fall overnight. In Asian trade the US oil prices fell to US$91.45 a barrel off 1.21% and gold now at $1558 an ounce. Big name miners; Rio Tinto ...
US corn claws back part of 5 pct tumble
US Agriculture Department report released late Monday showed farmers were almost done with spring planting and that the corn crop was in good shape, which added a bearish tone over the markets. * USDA said on Monday afternoon that planting accelerated ...
EUR-USD for May 23 2012
The euro dipped to as low as around $1.2643, just barely above last week's trough of $1.2642 and not far from its 2012 low of $1.2624 set in January.
EU Summit result outlook May 23 2012
Investors will also be watching whether European leaders can come up with fresh measures to contain the euro zone's debt crisis as the problem escalates from concerns about a Greek exit to Spain's banking instability.
EURUSD Finds Resistance at 8 Day EMA, 22nd May
EURUSD Finds Resistance at 8 Day EMA, 22nd May


