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Euro wallows at 2-year lows as EU jitters rattle markets

posted by Avatar yosoybeloved 2 days ago in EUR, JPY made popular 2 days ago

* EUR option barriers at $1.2500; stops at $1.2480 * Market could consolidate around $1.25 * Break of the level targets June 2010 low of $1.1876 * USD/JPY supported by importers, short-covering * Long US weekend could limit volatility By Antoni ... read more
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Australian Dollar Outlook - 05/25/2012

posted by Avatar penpip 2 days ago in USD, EUR, JPY, GBP, CAD, AUD made popular 2 days ago

Reinforcing the need for stimulus in China, the HSBC flash manufacturing PMI eased slightly in May to 48.7 showing a tough growth environment for smaller manufacturers. There are no data releases due today therefore we expect the AUD to continue its ... read more
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SEK issues billion dollar bond

posted by Avatar macoleth 2 days ago in all made popular 2 days ago

SEK has issued a 5-year bond for USD 1 billion. Despite turbulent market conditions, the bond was very well received and was subscribed by investors from all over the world. Over 60 investors participated in the transaction, which was oversubscribed. read more
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ForexLive: Oil Higher As Nuclear Talks Stumble

posted by Avatar ejc 2 days ago in Technical, Daily, Oil made popular 2 days ago

Recent lower oil prices is one of the few positive factors for global growth in the past month. A breakdown in talks would burn risk assets....more. read more
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EUR/USD Flat After Reaching 22-Month Low

posted by Avatar commodityblog 2 days ago in USD, EUR, Fundamental made popular 2 days ago

EUR/USD was flat after earlier today it reached the lowest level since July 2010. The euro was continuously declining since the beginning of May as the possibility of Greece’s exit from the eurozone was becoming more and more material. read more
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ForexLive: GBP/USD Looks To Extend Higher

posted by Avatar ejc 2 days ago in GBP, Technical, Daily made popular 2 days ago

The GBPUSD has been trading predominantly between the 1.5673 and 1.5700 level. The price is looking to extend the upside with the next targets at 1.57167 and 1.57415 (38.2 and 50% retracements). The 1.57415 was a floor area from earlier in the w read more
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Rupee Hurt by EU Summit & Poor Prospects for India’s Growth

posted by Avatar commodityblog 3 days ago in USD, Fundamental, Daily made popular 2 days ago

The Indian rupee dropped today as a disagreement for the European leaders about a way to tackle the debt problems lead to risk aversion sentiment on the Forex market that hurt riskier currencies of emerging markets. Still, the currency managed to read more
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Euro Bears Ride the Downtrend as Greek Hopes Fade

posted by Avatar eToro 3 days ago in EUR, Fundamental, Daily made popular 2 days ago

With the market’s focus almost entirely on the growing possibility of a disorderly Greek exit from the Eurozone, mixed data from Germany couldn’t help dissuade bearish sentiment. The German Statistics Office reported earlier that 1st quarter GDP, read more
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Euro/USD Declined Again on Wednesday –Daily Recap May 23

posted by Avatar lchammer 3 days ago in USD, EUR, JPY made popular 3 days ago

The Euro/USD continued its downward trend and tumbled down during yesterday’s trading. The recent EU Summit didn’t help rally the Euro. Furthermore, the Aussie dollar and other currencies such as the GBP also depreciated against the USD. The safe read more
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Copper, Copper Updates, MCX Gold Tips, MCX Gold Tips Silver

posted by Avatar moneymaker 3 days ago in Gold, Metals made popular 3 days ago

MCX and NCDEX blog provide to you Indian Commodity Trading Strategy and Trading Tips. We Specialized MCX Tips like Gold Tips, Silver Tips, Crude Tips, Copper tips, Metals, tips and NCDEX Agri market tips. read more
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EUR/GBP Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 3 days ago in EUR, GBP, Technical made popular 3 days ago

The EUR/GBP pair fell during the session on Wednesday in order to touch the 0.80 level again. The pair then bounced a bit, essentially to form a doji for the day. The pair likes to grind sideways, and it looks as if we could be getting ready to d read more
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Euro Hits Near 2-Yr Low, Grexit Fears Persist - Chris Capre

posted by Avatar Chris-Capre 3 days ago in USD, Technical, Daily made popular 3 days ago

Euro Hits Near 2-Yr Low, Grexit Fears Persist - Chris Capre read more