Coming Week: Central Bank Rate Decisions And Comments Key If EU Calm Persists
The following is a weekly strategy guide for traders and investors, covering coming week's market movers and trade ramifications for traders of all major asset classes via both traditional instruments and binary options. Perfect for those seeking a ...
ECB declines to help in Greek debt restructuring; Italian GDP negative
By Mike Jones After climbing to a fresh 5-month high above 0.8400 last night, the NZD/USD has subsequently crashed back to Earth. The currency currently trades around 0.8340, pretty close to where it was 24-hours prior. Markets had the wind at their ...
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 ....
GBP/USD Forecast February 10, 2012, Technical Analysis
GBP/USD rose slightly for the Thursday session after first behaving very strongly. In fact, the resulting candle is a shooting star, and shows weakness going forward. The 1.58 level just below it is support however, so this could simply be the st
Market Vibrations: News And Commentary From The Europe Desk (0725 GMT)
Meanwhile, Japanese and Swiss consumer confidence appear to be rising with the former coming in at 40.0 versus 38.5 expected. The Swiss SECO survey came it at -19 versus -22 expected. Markets are poised for siginificant event risks later in the day ...
Chinese inflation higher; commodity prices lower
The currency certainly didn't. The NZD/USD just dribbled towards the bottom of its recent range around 0.8320. Yesterday's Chinese inflation figures provided some temporary headwinds for the NZD and AUD. The surprisingly firm result (4.5%y/y vs.
EUR/USD Meets Key Resistance
Time will tell, if this is a sustainable recovery or just a move toward pre-recession highs, before stock indexes will decline to new lows again. The long-term bearish cycle that started in 2000 is still on-track and might last few more years.
GBP/USD Forecast February 9, 2012, Technical Analysis
GBP/USD fell during the Wednesday session as the Dollar got a bit of relief from the massive selling it has seen over the last several days. The Europeans still haven’t come together with some kind of agreement concerning the Greek debt crisis. T
GBP/USD Daily Asia Outlook 02/06
(Dow Jones via eFXnews) GBP/USD - to range-trade.Data focus: 0800 GMT UK January Halifax house price index.
Daily chart ....
EUR/GBP Fundamental Analysis February 8, 2012, Forecast
The pair EUR/GBP is currently 0.8343 up .0045. The euro surged today, on news of a Greek final plan. According 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
Euro/USD Slightly Rose on Thursday–Daily Recap February 9
The forex market continued to dwindle during yesterday's trading despite's ECB decision to keep interest rate unchanged. The Euro slightly rose against the USD; other major currencies slightly appreciated against the US dollar including CAD. Gold
GBP/USD Fundamental Analysis February 9, 2012, Forecast
09:30 GBP Industrial Production (MoM) 0.2% -0.6%Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading shou


