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Euro Gets No Hope Following EU Summit

posted by Avatar forexalliancecom 2 days ago in EUR, Fundamental, Special made popular 2 days ago

As expected, little was done in the way of resolution formulation or the creation of anything other cautiousness following the end of yet another European Union summit. On the heels of the upteenth summit in the last two years, European leaders read more
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Investors pick up Danish crowns as euro break-up hedge

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

This has led to talk that the central bank may be forced to raise interest rates, which it could do as early as this week. Investors are betting that if the euro broke apart, Denmark would peg the crown to Germany's currency, whether the euro or a ... read more
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ForexLive: NZD/USD's Choppy Correction Higher

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

The NZDUSD has been chopping higher with the NY action staying above the 200 bar MA on the 5 minute chart and a loose channel trend line. Earlier the price pushed above the midpoint of the move down this week but that attempt was quickly rejecte read more
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Riding the AUD/USD Downtrend

posted by Avatar krissylinne 2 days ago in AUD, Technical, Weekly made popular 2 days ago

So far so good! Just when I thought that I had missed AUD/USD's price action, the pair went up to trigger my first position! Here's what happened. read more
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Better Data Boosts Risk Appetite, Sending US Dollar Lower

posted by Avatar MMarquit 2 days ago in USD made popular 2 days ago

US dollar is moving lower right now, thanks to improved risk appetite. Most of that risk appetite is coming from enthusiasm over better data in the United States. Improvements to the US economy are helping high beta currencies, even after continu 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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Have the Bears Taken the Euro Low Enough?

posted by Avatar cashbackforex 3 days ago in EUR made popular 3 days ago

The European debt mess continues to evolve, and perhaps there is a lot more to the down side, but the trade is lined up very short. A bullish surprise might jolt the market. read more
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Australian Stock Market Report Midday 5/24/2012

posted by Avatar yosoybeloved 3 days ago in USD, EUR, JPY, CAD, AUD, Commodities made popular 3 days ago

Metal prices on the London Metals Exchange (LME) fell dramatically with copper touching a new 4 month low, but today our leading miners are higher in early trade. Big name miners; Rio Tinto Limited's (RIO) added 0.09% to $56.33 as BHP Billiton Limited ... read more
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Binary Options Daily Setup May 24th 2012

posted by Avatar bocrunch 3 days ago in USD, Daily, Employment made popular 3 days ago

Today, Thursday, May 24th produces 8 new trading events. These events provide excellent trading opportunities for binary options traders. The U.S. U.S. Unemployment Claims today, will probably have an effect on the USD/JPY. read more
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Euro Drops to Fresh 2012 Lows; Fear and Panic Dominate Trade

posted by Avatar InvestorsChoice 3 days ago in USD, EUR, JPY, GBP, CAD, AUD, Economic Indicators made popular 3 days ago

The Euro is also oversold and yet, given the fundamental outlook above, things could still get much uglier. Normally, we might recommend looking to fade the risk off trade, but given just how scary markets are right now, the best place is probably on ... read more
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NSE BSE TIPS TREND for TODAY

posted by Avatar tradingtips 3 days ago in Technical, Daily, Trade made popular 3 days ago

Nifty and sensex market is closed in red. The downfall of nifty and sensex is expected on more divergent basis. read more
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Bank of Japan Inaction Helps Yen

posted by Avatar MMarquit 3 days ago in JPY made popular 3 days ago

The Bank of Japan decided against taking any more action to ease at this time, and that is helping the Japanese yen. Forex traders had been expecting the Bank of Japan to ease further, in an attempt to keep the yen weak, but the BOJ offered somet read more