EUR Downward Trend Likely To Continue Near Term
(Dow Jones via eFXnews) Although European leaders took a first step toward a fiscal union at the European Union summit late last week, the EUR will likely continue to be top-heavy in the near term as "the ................
Italian Bond Yields Continue to Rise on Political Uncertaint
Yesterday’s price action is starting stabilize in both equities and currencies but sentiment remains weak and Asian markets are now following the downward moves seen in Europe and the US.
Investors Betting on Italian Default
The bets are mounting that Italy will be the next to face default in Europe
Sterling still under pressure against the euro
Sterling remains under pressure against the euro this morning, following a report from the IMF slashing Britain’s growth forecast.
Oil Prices Extend Decline, Higher Yielders Follow; USD Gains
The major theme that we are seeing this week is the sharp slide in oil prices, along with other commodities, which is pressuring risk sentiment and causing "risk-off" trading. Investors and traders, concerned about the prospects of a slowing glob
Trading Forex - EUR/USD Downside Continuation
Taking a closer look at the direction for EUR/USD and specific entry levels.
FOMC Does the "Twist", But Markets Respond With USD Strength
The Federal Reserve took the step of initiating a new policy to try and help that push down longer-term yields. It will by $400 billion of bonds with longer term maturities while selling an equal amount of debt on the short end. this policy does
Markets Modestly Higher on Improved Macro Data; FTSE Bounces
Risk sentiment is seeing a moderate lift after the Asian session on improved trade figures out of China for the month of December and this brought some buying into regional equity markets and the Australian Dollar.
SPX 500 - Tuesday 01-17-12
The markets declined Friday (01-13-12) on rumors of Euro zone downgrades.
Markets Little Changed on Low Volumes; DAX Trades at 6175 Re
Markets were little changed during the Asian session with no major headlines to guide traders and this was combined with a relatively directionless meeting statement from the latest G10 Summit.
EUR/USD May Test 1.4270 In Near Term, Eyes On China Data
(Dow Jones via eFXnews)The EUR/USD could test 1.4270 in the near term and may head toward 1.4100 this week, depending on how data pans out, in particular China data, says HiFX senior trader Stuart Ive.
The pair is at 1.4333 versus 1.4350 l
Equity Markets Continue Modest Rises Higher; Christine Lagar
UK equity markets are looking to see a higher open, with FTSE futures suggesting a rise of 30 points. today. Asian markets were higher for the most part, which is indicative of the market’s perception


