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EUR/USD Losses Extend Towards 1.31

posted by Avatar forexanalysis 52 days ago in EUR made popular 52 days ago

On Wednesday Euro/Dollar continued decreasing with 125 pips. The European currency depreciated from 1.3233 to 1.3106 yesterday, matching the negative Interbank sentiment projection at under -3%, closing the day at 1.3141. This morning the Euro weakened ... read more
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EUR/AUD gains 58 pips

posted by Avatar forexanalysis 59 days ago in EUR made popular 59 days ago

Earlier today new figures for money supply in the euro zone showed that there has been a 2.8% annual increase in M3. A growth on M3 should calm the markets, which last year feared a credit squeeze and severe recession in Europe after monetary ... read more
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Marty should testify in organ trade case

posted by Avatar forexanalysis 63 days ago in EUR made popular 63 days ago

PRITINA -- EULEX Prosecutor Jonathan Ratel has proposed that Council of Europe Rapporteur Dick Marty appear as a witness in the organ trade case. The trial in the illegal human organ trafficking case started in Pritina on Friday. read more
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GBP/USD nose-dives after BoE minutes, PSNB figures

posted by Avatar forexanalysis 66 days ago in CHF made popular 66 days ago

High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, ... read more
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Euro up on short-covering; yen retreats

posted by Avatar forexanalysis 67 days ago in all

Euro and hit a two-week high against the dollar on Wednesday due to ... read more
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FX AUD/USD: Easing back as sellers emerge above 1.0800

posted by Avatar forexanalysis 100 days ago in JPY, AUD

The AUD/USD found sellers around 1.0800 after trading to 1.0801 after heavy AUD/JPY buying related to toshin demand helped trigger stops above 1.0780 and 1.0790. The AUD/USD has retraced to former resistance at 1.0775/80 with hourly support found at ... read more
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EUR/USD Outlook February 13-17 2012

posted by Avatar forexanalysis 105 days ago in EUR made popular 105 days ago

Euro/dollar couldn't hold to gains, as the second Greek bailout deal couldn't be sealed. Is Greece close to a breaking point? The initial GDP releases are the highlights this week, as news from Athens continues flowing. Here is an outlook for this ... read more
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European Stocks Gain on Greek Deal Optimism

posted by Avatar forexanalysis 108 days ago in all made popular 108 days ago

Crude oil futures gained 0.98 percent to $99.37/barrel and gold futures rose 0.18 percent. On the forex front, the GBP gained 0.18 percent to 1.5924 against the dollar and the euro gained 0.17 percent to 1.3282 against the greenback. read more
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Canadian jobs market may be stronger than it seems

posted by Avatar forexanalysis 109 days ago in CAD made popular 109 days ago

By Adam Button || February 7, 2012 at 17:46 GMT Canada has added an average of just 6000 jobs for the past three months while the unemployment rate has risen to 7.66 From 7.2%. A fairly influential Canadian economist is disputing the household suvey, ... read more
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Canadian Dollar Pares Losses After Report on Greek Finance-Measures Draft

posted by Avatar forexanalysis 109 days ago in USD, JPY, CAD, AUD, NZD

Canada's dollar pared losses as a Greek government official said the nation is working on a final draft of a document listing measures required to receive international funding. To contact the editor responsible for this story: Greg Storey at ... read more
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Gold Fundamental Analysis Feb. 1, 2012, Forecast

posted by Avatar forexanalysis 116 days ago in Commodities

The change in this indicator can be very volatile. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Gold Fundamental Analysis Feb . read more
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USD could see light at the end of the tunnel this week - DailyFX

posted by Avatar forexanalysis 116 days ago in USD

We expect the US Dollar to rebound ahead of Friday's nonfarm payrolls, he concluded. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well ... read more