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.
Head And Shoulders Pattern GBP/USD 25/8/11 Analysis
Cable has printed a complex head and shoulders formation, beneath the key 1.6500 resistance level, and the pattern triggered yesterday afternoon. This came after the trend line break we identified earlier this week had triggered short and moved
European Factors-Shares set to fall on Greece worries
Although the data is likely to show a pick-up in growth, rising to 0.4 percent, from 0.1 percent in the second quarter, this may not be enough to alter some economists' view that Britain is teetering on the brink of recession again. ...
Dollar Advances on Outlook for US Economy; Aussie Drops on China Data
The yen was headed for a weekly decline against 15 of its 16 most-traded counterparts on prospects the Bank of Japan will lag behind its counterparts in raising interest rates as it struggles to lift the economy out of recession. ...
EUR/USD ST Daily Outlook 4 Apr
A clear and simple technical outlook.
Euro Recovers as German & French GDP Surge
The euro rebounded versus the US dollar today after the reports showed that the growth of the German and French economies sharply accelerated in the first quarter.
GBP/USD - May 19, 2011: Testing The 1.6256 Level
Yesterday double top pattern is formed after the break line penetrated, Sterling movements reached up to the first support level at 1.6163 and almost touching the second support level at 1.6100. Sterling onwards rebound back towards the first sup
USD/CHF Daily Asia Outlook 07/12
(Dow Jones via #eFXnews.com)USD/CHF - to consolidate with risks skewed lower. Undermined by CHF demand on soft EUR/CHF cross as euro-zone debt fears intensify, unwinding of CHF-funded carry trades amid
U.K. Unemployment Rises to Highest Rate in 16 Years as Euro Damps Outlook
UK unemployment rose to the highest in 16 years in the quarter through November, deepening concerns Britain is heading for another recession as turmoil in the euro area damps the global economic outlook. The unemployment rate based on International ...
Sterling dips, gilts pare losses as BoE holds rates
Sterling dipped while gilts pared losses on Thursday after the Bank of England left interest rates on hold at 0.5 percent, as had been widely expected. [ID:nLAC005839] The details of the voting pattern and the debate among ...
Dollar Falls as Traders Expect Fed Would Maintain Stimulus
The US dollar weakened on today’s trading session as analysts say that this week’s reports will show weakness of the US housing market. The unfavorable fundamentals will likely prompt the Federal Reserve to keep interest rates near zero, undermin
Currency Outlook: EURUSD
EURUSD: Recovering But Vulnerable.EURUSD: Attempts at building on recovery gains continue to be seen but with price hesitation.


