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Asian equity markets cop ...

*UK Q1 GDP was confirmed at 0.6%y/y. *The flash manufacturing PMI for the Euro Area rose 1.1 points to 47.8 in May (47.0 expe

posted by WiredDeal 25 minutes ago read more >>
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Morning Forex Fundamental ...

'The first-quarter contraction reinforces pressure on the ECB to come up with further measures to try and support Eurozone gr

posted by GAINSY 2 hours 13 minutes ago read more >>
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EUR/USD gains as key Fed ...

The eurozone manufacturing purchasing managers' index rose to 47.8 in May from a final reading of 46.7 in April, better than

posted by kimclaud 56 minutes ago read more >>
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Elliott Wave Forecast: EU ...

Although yesterday's rally to 0.8590 suggests low has possibly been formed at 0.8398 earlier last month and consolidation wit

posted by GAINSY 2 hours 24 minutes ago read more >>
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Ichimoku Signal Wrap-up: ...

Euro's rebound after intra-day brief fall to 1.2821 suggests first leg of decline from 1.2998 has ended there and consolidati

posted by GAINSY 3 hours ago read more >>
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EUR/USD Has Stopped Sligh ...

... in recession, which is the deepest since WW2. Simultaneously from the US the new home sales report has recently been rele

posted by Maher 5 hours ago read more >>
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EUR/USD Edges Higher with ...

EUR/USD edged higher today as manufacturing in the eurozone contracted with slower pace in May than in April.

posted by commodityblog 8 hours ago read more >>
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Innovation driving Nestle ...

Nestle is investing EUR 44 million (CHF 55 million) on new technology for its Nescafe factory at Girona in north-eastern Spai

posted by peekaboo 6 hours ago read more >>
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Euro Gains Even After Wea ...

The eurozone continues to show weak data readings, and many expect the recession in the eurozone to last through the rest of

posted by MMarquit 8 hours ago read more >>
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Euro to US Dollar (EUR/US ...

Williamson added; The Euro zone's second recession in five years looks set to drag on into a seventh successive quarter, The

posted by penpip 7 hours ago read more >>
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EUR

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Greenback Bounces Back Vs Majors As Greek Problems Lingers

posted by Avatar defferson 1198 days ago in USD, EUR, Fundamental

The dollar rebounded from losses in the previous session on Wednesday, with the world's de facto reserve currency finding continued support amid lingering questions about how the rest of Europe will deal with Greece's debt crisis. read more
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Bernanke lays out vision for Fed monetary exit

posted by Avatar Nica 1198 days ago in USD, EUR, Inflation

Federal Reserve Chairman Ben Bernanke on Wednesday detailed how the U.S. central bank will begin to wean the economy off its extraordinary stimulus, even as he stressed it was not yet time to do so. read more
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European Markets Rise On Greece Rescue Plan Hope

posted by Avatar trader 1198 days ago in USD, EUR, Special

The European markets rose for the third day on Wednesday, as banking stocks rallied on expectations of a possible rescue plan for debt-stricken Greece. read more
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Does the uptrend on the EUR/USD have enough to rally through

posted by Avatar tsukushi 1198 days ago in USD, EUR, Technical

The EUR/USD has been rallying across the intraday time frames of the 15, 30, and 60 minute charts. The bounce from 1.3600 has been significant enough to even level the 240 minute chat to the beginning stages of accumulation after a sustained down read more
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Gold price supported by de-hedging by mines

posted by Avatar rui 1198 days ago in USD, EUR, Gold

The US dollar found some firmer footing on the eve of a European summit at which the central theme will be a foregone conclusion. read more
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GBP Tumbles Lower on BoE Comments

posted by Avatar DailyFX 1198 days ago in EUR, GBP, Fundamental

The British Pound retraced the overnight advance and slipped back below the 1.5700 level as the Bank of England lowered its outlook for growth and inflation, and the exchange rate may maintain the downward trending channel from the November high read more
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Euro Trades Warily As All Eyes on Eu Summit

posted by Avatar fx360 1198 days ago in USD, EUR, Daily

Currency markets continued to be on edge regarding the resolution of the Greek fiscal crisis with all eyes focused on the German Finance Ministry meeting ahead of the EU summit tomorrow. The German meeting ended with no official decision on the i read more
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BoE February Inflation Report

posted by Avatar kulas 1198 days ago in EUR, Fundamental, Inflation

The economic conditions improved as the economy left recession in the fourth quarter. However, the vulnerable rebound from recession is casting doubts as the economy grew only by 0.1% in the last fourth of 2009 compared with 0.2% contraction in t read more
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'UK economy will take longer to recover'

posted by Avatar keiragabe 1198 days ago in EUR, Fundamental, Inflation

The Bank of England has downgraded its forecast for economic growth this year and predicted that inflation will peak at 3.5%. read more
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France’s Industrial Output Unexpectedly Declined in Dec

posted by Avatar post-it 1198 days ago in EUR, Fundamental

French industrial production unexpectedly declined in December as demand for manufactured goods remained weak after the economy emerged from a recession. read more
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Euro May Fall Below 120 Yen on Greek Labor Concern

posted by Avatar Rick2 1199 days ago in EUR, Fundamental, Employment

The euro may weaken below 120 yen for the first time in a year as labor unrest in Greece stifles government efforts to tackle the widening budget deficit, according to Mizuho Securities Co. read more
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Greece rescue hope sends Dow back above 10,000

posted by Avatar recessionfear 1199 days ago in EUR, Fundamental

Market sentiment was further boosted in the afternoon by a Wall Street Journal report that Germany is considering a plan with its European Union partners to offer Greece and other troubled euro zone members loan guarantees in an effort to calm ma read more