GBP/USD Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:The GBP/USD fell in today’s session as the GBP was barraged with negative eco data. The pair dropped to trade at 1.5712. Yesterday the IMF commented on the status of the UK economy and urged the BoE to consider dras
EUR/USD Fundamental Analysis May 24, 2012, Forecast
Analysis and Recommendations:The EUR/USD broke under the 1.26 price level today, to trade at 1.2592.
Cautiousness prevailed in the market ahead of the European Union Summit as investors were contemplating whether or not the EU leaders will
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CAD Reaches Four-Month Low vs. USD
The Canadian dollar slipped to the four-month low against its US counterpart and the three-month low versus the Japanese yen. The currency gained against the euro and the Australian dollar.
Gold prices prediction may 24 2012
Gold prices rose in Asian trading on Thursday after taking a beating in recent sessions on fears Greece is teetering closer to abandoning the euro
Forex Outlook for 05/24/2012
It is big events for forex market May 22, 2012
Euro Continues Lower On Pessimistic Summit Results
The single currency continues lower as the EU summit has commenced and tensions are high that actionable comments or resolutions will not surface following the meeting. In particular, will be focus on whether or not German Chancellor Angela Merk
BoJ Leaves Monetary Policies Unchanged; USD/JPY Drops
The Bank of Japan met during the 5/22 Asian session to discuss monetary policy. The market has been pricing in more stimulus even though Shirakawa had spoke again st it. The BoJ added 10 tillion yen to its asset purchase program last month to mak
Facebook Underwriter Morgan Stanley: Jack of all Trades?
Facebook’s recent IPO launch is still taking center stage on Wall Street, as new data comes out which suggests that a series of unfortunate events conspired to make the launch far less than successful than markets had anticipated. Whether those e
Pound Drops After BoE Releases Minutes of Policy Meeting
The Great Britain pound dropped today, reaching the lowest level in a month against the US dollar and the lowest in two months versus the Japanese yen, after the minutes of the central bank’s monetary policy meeting were released.
Yen Edges Higher as BOJ Takes Wait-and-See Stance on Easing
The Bank of Japan announced earlier today that it would make no changes to its existing monetary policy, keeping the benchmark interest rate at 0.1% and maintaining the asset purchase program at ¥40 trillion ($504 billion). While that had been ge
Greek Contagion Threat Boosts Pound
The pound has gained a cent against the euro, not to mention more than two cents against the Australian and New Zealand dollars, as concerns about the...


