EUR/USD Daily Asia Outlook 02/07
(Dow Jones via eFXnews) EUR/USD - to range-trade.Data focus: 1100 GMT Germany December industrial production index.
EUR/USD daily chart ....
FX USD/JPY: Steady progress toward figure offers
A spike in WTI and rise in gold keeps the reflation trade on tap. Crosses are supported and USD/JPY has ongoing interest to buy at progressively higher levels. 76.80 is support with targets 77.15 stops after 76.90/77.00 offers.
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, ...
Brent firm on Mid-East Geopolitics
On the other hand the view that both PADD 2 and Cushing crude oil stocks are likely to grow back to a surplus condition is putting pressure on WTI. In addition the external price drivers...direction of the euro & USD and equity markets are impacting ...
Wheat, soy dip on strong dollar; USDA report eyed
Corn fell 0.5 percent as investors squared positions ahead of Thursday's US Department of Agriculture report on global demand and supply of agricultural products. Chicago Board of Trade March soy fell 0.4 percent to $12.27-3/4 a bushel by 0417 GMT, ...
Buy USD/JPY on rising Treasury yields
When the world is improving, the most straight-forward trade is to buy USD/JPY. So far, 2012 has been a good-news year....more
Euro Pares Gain After German Industrial Production
The data from the Federal Ministry of Economy and Technology revealed that German industrial production declined unexpectedly in December. Production dipped 2.9 percent from November, when it remained flat. Economists were expecting it to show nil ...
Aussie Finds Support in Forex Trading
Aussie is finding support in forex trading today as Forex traders scramble to make up for the fact that they had priced in a 0.25% cut to the interest rate. Instead of cutting, though, the Reserve Bank of Australia kept rates steady at 4.25%.
Updates on Greece - the Latest
Despite some improved survey evidence for January, the Bank of England still seems certain (92% probability) to provide further stimulus for the UK economy by enacting a further £50 billion of QE
Europe Mulls Lower Interest Rates on Greek Loans, Welt Reports
Euro-area governments are considering a reduction of interest rates on bilateral loans to Greece, supplementing the writedowns banks have agreed to take on the country's debt, German newspaper Die Welt reported, citing unidentified people with ...
EUR/USD Waiting in Range for more Greek Cuts
Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In th
Binary Options Daily Setup February 7th 2012
Today, Tuesday, February 7th produces 3 new trading events. These events provide excellent trading opportunities for binary options traders. The Canadian Building Permits today, will probably have an effect on the USD/CAD today.


