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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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NZD/USD Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 3 days ago in USD, NZD, Technical made popular 3 days ago

The NZD/USD pair fell through the vital 0.75 level on Wednesday to really increase the selling pressure in this market. The pair bounced at the end of the session though, to form a hammer at this all-important level. The fact that it did this sug read more
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Silver Forecast May 24, 2012, Technical Analysis

posted by Avatar FXEmpire 3 days ago in Technical, Daily, Metals made popular 3 days ago

The silver markets fell for much of the Wednesday session as the Dollar continued to climb for the day. However, the later hours of US trading suddenly felt bullish of risk appetite, and as a result the silver market recovered a bit to form a ham read more
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Malaysia-Market factors to watch May 24

posted by Avatar twilight 3 days ago in all made popular 3 days ago

... domestic demand firm > Rubber demand seen punctured by euro zone, China woes this year > Malaysia's Q1 C/A surplus fell to 18.1 bln rgt from Q4 22.4 bln rgt > TABLE-Malaysia's Q1 GDP grows 4.7 pct on year > Malaysia's Q1 GDP up 4.7 pct on year, ... read more
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EUR-USD prediction may 24 2012

posted by Avatar stockmarket 3 days ago in USD, EUR, Technical made popular 3 days ago

EUR/USD continues to get cheaper this year, following an intangible EU summit. The pair, plagued with an enormous bearish sentiment on growing 'Grexit' prospects, read more
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USD-JPY prediction may 24 2012

posted by Avatar stockmarket 3 days ago in USD, JPY, Technical made popular 3 days ago

USD/JPY is last at 79.51, bouncing from day lows at 79.21, and falling from yesterday's and weekly highs at 80.15, read more
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

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

Stocks and commodities are both beginning the day deep in the red on renewed concerns that the ongoing debt crisis in Europe could weigh on the broader global economy. Overnight, the World Bank released a rather morose assessment of the Chinese economy ... read more
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EUR/USD Breaks 1.26 Level, Traders Running from Euro

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

The euro fell below the 1.26 level against the US dollar, reaching lowest level since July 2010. That level was considered to provide strong support to the shared 17-nation currency and, now that the support line is broken, traders are afraid tha read more
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Masoud EUR/USD Forecast Review 23 May 12

posted by Avatar thegeekknows 3 days ago in USD, EUR, Daily made popular 3 days ago

This forex forecast review touches on the fundamental and technical aspects of the currency pair. 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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Eurozone Current Account Logs Surplus In March

posted by Avatar eriathwen 3 days ago in USD, EUR, CAD made popular 3 days ago

The surpluses were partially offset by EUR 8.8 billion deficit in current transfers. The 12-month cumulated seasonally adjusted current account posted EUR 9.6 billion surplus in March, which was around 0.1 percent of euro area GDP, compared with a ... read more
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GBP/USD: Trading the British GDP

posted by Avatar forexcrunch 3 days ago in USD, GBP made popular 3 days ago

The British Gross Domestic Product (GDP) provides a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is higher than the market forecast is bulli read more