EUR/USD hits 8- week high on Greek optimism
Forexpros - The euro gained against the US dollar Wednesday, hitting an 8 week high, on renewed hopes that a second Greek bailout may be imminent. EUR/USD traded at a low of 1.3221 and hit a high of 1.3289 prior to trading higher by 0.08% at 1.3271.
IT major Cognizant targets FY12 revenue at USD 7.53 bn
We really think that this is driven by the fact that more than ever our clients, who on one hand are facing significant cost pressures from economic volatility around the world and on the other side are looking to innovate and to drive topline revenue ...
EU Morning Report – Euro Turns up Stronger
EUR moved over 100 pips to as high as 1.3270 v/s USD after reports that Greek officials have finalized a draft of measures to be undertaken to shore up finances.
Don’t Expect Anything From The ECB
With speculation regarding the European Central Bank decision looming over the market tonight, the euro continues to remain relatively directionless in the afternoon trade. But, there won’t be much to expect when it comes to decision time - wit
EFX Institutional Strategies GBP/USD Is Near Morgan Stanley'
(Dow Jones via eFXnews) GBP/USD close to Morgan Stanley's sell level which is 1.5960.Given low growth and increased supply of currency more QE will weigh on the pound says MS. The bank has a downside target of ....
Bush Defends Auto Bailout Amid Romney Attacks
President George W. Bush (R) created strong divisions within the Republican party when he backed a $700B USD bailout of the struggling automotive and financial sectors. Both he and current President Barack Obama (D) see eye to eye on this issue, ...
Swiss risk deflation if euro crisis worsens: Jordan
The Swiss National Bank fears that an escalation of the euro zone's debt crisis could prompt deflation, Thomas Jordan said in his first speech since becoming interim chairman of the central ...
EUR/USD Fundamental Analysis February 8, 2012, Forecast
The EUR/USD is miraculously trading at 1.3266 up over 1.04%, all based on GreeceAccording to the Financial Times, Papademos has submitted a “final draft” of the terms of the bailout to party leaders, who are set to decide on the measures late
How The Eurozone Crisis Affects The Euro Exchange Rate
It’s dominated the economics pages for more than 18 months. But how does the Eurozone debt crisis really affect the euro exchange rate?
Forex Outlook for 02/08/2012
It is big events for forex market February 7, 2012.
Euro Rally At Risk, Sterling To Falter On More QE
As the euro-area slips back into recession, the ECB may talk up speculation for additional monetary support, and the Governing Council may see scope to push the benchmark interest rate below 1.00% as subdued growth dampens the outlook for inflation.
Binary Options Daily Setup February 8th 2012
Today, Wednesday, February 8th produces 3 new trading events. These events provide excellent trading opportunities for binary options traders. The Swiss SECO Consumer Climate tomorrow morning, will probably have an effect on the USD/CHF.


