ForexLive: EURUSD Consolidates But Sellers Stay In Control
The buyers have not proven they can take back any control in the market on this move to the downside. Yesterday in NY afternoon trading, the price tumbled below the 2012 low at 1.2623 and did not look back. Today, the price reached the lowest le
European Banks' Dollar Funding Costs Decline in Money Markets
The three-month cross-currency basis swap, the rate banks pay to convert euro interest payments into dollars, was 47 basis points below the euro interbank offered rate at 9 am in London from minus 49.5 yesterday, according to data compiled by Bloomberg ...
US Housing Market Improves. Euro drops to 22 month low
US housing market contributes to economic growth for the first time in 7 years. The EURUSD brokesupport at 1.2620 falling to a 22 month low trading.
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
The Euro Takes A Short Lived Bullish Turn
Restoring the eurozone will require cohesiveness amongst the Euro nations, but if Greece chooses not to play by the rules then it will be almost impossible for Europe to weather this economic storm -- the first domino would be tipped.
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
ForexLive: EUR/JPY Hit By Another Wave Of Selling
It comes out of no where and it comes in waves, the selling in EUR/JPY today. So far we’ve been unable to identify the seller, but it is being done in such indiscriminate fashion that it feels almost like a margin call....more.
Hungary forint goes north of 302 vs. EUR, this is the price of not having an ...
Gyula Pleschinger, state secretary at the Economy Ministry has noted that talks may start earlier, ie after revisions to the Central Bank Act are passed in early June. "My sense still is that the current amendments to the law do not go far enough to ...
EUR/USD – Bullish Divergence At Key Support Pivot Suggests
The EUR/USD fell from slightly above 1.28 starting in the 5/22 Asian session after it developed a bearish divergence with the RSI in the 1H chart. It has since fell sharply but is now testing (and cracking) the 1.2625 support pivot see in the dai
Pound Declines After BoE Minutes, Retail Sales Data
... minutes and a weaker-than-expected domestic retail sales data for April. Bank of England's Monetary Policy Committee (MPC) decided to halt GBP 325 billion bond purchase programme in May through a split vote, the minutes of the meeting showed.
EUR/USD MACD Signal: Buy at 1.26741 - Stop Loss at 1.26441
I open a market order in the direction of the signal and stay in the trade until I get a signal in the opposite direction. My stop loss is at the previous low in case of a buy and at the previous high in case of a sell. For each trade I risk LESS THAN ...
European Economics Preview: BoE Minutes Due
At the two-day meeting, policymakers halted its quantitative easing at GBP 325 billion and retained record low 0.50 percent interest rate. In the meantime, the Office for National Statistics is scheduled to release UK retail sales data.


