USD/JPY Forecast May 24, 2012, Technical Analysis
The USD/JPY pair fell during most of the Wednesday session as the risk appetite around the world fell off of a cliff. Also, the Bank of Japan failed to add to their easing at the meeting for the session, so buying the Yen was doable. The pair is
GBP/USD Forecast May 24, 2012, Technical Analysis
GBP/USD had a bearish session on Wednesday as the markets continue to worry about all things European. The risk appetite just wasn’t there for people to buy the cable, and as is so often the result, they simply sold. However, the market is coming
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
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.
Forex Outlook for 05/24/2012
It is big events for forex market May 22, 2012
Forex Resistance Pivot Points Support 05/24/2012
Daily Forex Resistance Pivot Points Support 05/24/2012
Kiwi above 0.7500 ahead of NZ Budget
Session ahead brings Trade Balance from New Zealand in few minutes at 22:45 GMT, followed by key data annual Budget Release at 02:00 GMT, which, according to DowJones reporter Lucy Craymer, as stated in her twitter account: "Our economist poll sees the ...
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.
Canadian Dollar Falls Before EU Summit, Canadian Retail
The reaction as far as the Canadian dollar is concerned has been fairly limited. The currency weakened 0.2 percent to C$1.0225 per US dollar at 7:47 am in Toronto. It fell to as low as C$1.0238, after reaching C$1.0247 on May 21, the weakest level ...
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.


