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Eurozone Current Account Logs Surplus In March
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 ...
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EUR/USD - Can the EU Summit Ease Market Jitters?
The euro continues to slide, as the currency has dropped to levels not seen since August 2010. With the EU Summit underway, the markets will be hoping that there are some tangible results and not just handshakes and hugs. The leaders will need to
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USD/JPY Forecast May 23, 2012, Technical Analysis
The USD/JPY pair had a bullish day on Tuesday as the world awaits the result of the Bank of Japan’s meeting. The pair slammed into the 80 level again, and there were plenty of offers there to keep prices under wraps. The meeting could produce fir
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Gold Prices May 23, 2012, Technical
The gold markets fell on Tuesday, triggering a sell position at the bottom of the previous day’s small shooting star. While we didn’t take the trade, there is a case to be made for it. We are waiting until the $1,500 level gives way to become agg
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Australian And New Zealand Dollars Plunge On Renewed Greek Worries
The Australian dollar slipped to 2-day lows of 77.87 against the yen and 1.2990 against the euro, compared to yesterday's close of 78.43 and 1.2941, respectively. If the aussie weakens further, it may likely target 77.6 against the yen and 1.304 ...
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EUR/GBP Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:The EUR/GBP opened trading at 0.8094 and declined to 0.8072 as the euro continued to fall against most of its partners.
There was little in the way of eco data from Europe and some disappointing numbers in the U
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EUR-USD for May 23 2012
The euro dipped to as low as around $1.2643, just barely above last week's trough of $1.2642 and not far from its 2012 low of $1.2624 set in January.
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Singapore Stocks-May fall; China Animal, Swee Hong eyed
----------------------MARKET SNAPSHOT @ 0029 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1316.63 0.05% 0.640 USD/JPY 80.02 0.08% 0.060 10-YR US TSY YLD 1.7637 -- -0.014 SPOT GOLD 1563.39 -0.29% -4.510 US CRUDE 91.38 -0.51% -0.480 DOW JONES ...
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Australian Dollar Outlook - 05/23/2012
... Currency Outlook: This morning the Australian dollar is over a US cent lower, currently trading at USD0.9790 after comments about the possibility of Greece leaving the Euro currency resulted in risk aversion trading, and in turn, a fall in the AUD.
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Forex Outlook 05/23/2012
It is big events for forex market May 23, 2012
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Forex Resistance Pivot Points Support 05/23/2012
It is today May 23, 2012 forex resistance pivot points support.
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EUR/USD – Sharp Price Action Threatening Bearish Continuatio
The EUR/USD is threatening bearish continuation with sharp price action in the 5/22 US trading session. The 4H chart shows that the RSI stayed below 60 during this week’s consolidation so far. The RSI is now cracking 40, and showing maintenance a


