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European Nations Observe Ascension Day; So Do the USD and JPY

posted by Avatar Vanjo 9 days ago in EUR, JPY made popular 9 days ago

The sterling (GBP), which was resilient before the Bank of England inflation report during the 5/16 session, is now catching up to the slide against USD and JPY. GBP/USD broke into new lows trading near 1.5850 ahead of the US session. read more
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EUR/GBP Finding Some Support and Challenges Bearish Momentum

posted by Avatar FXTimes 9 days ago in EUR, GBP, Technical made popular 9 days ago

The EUR/GBP is not heading to the 0.77 level just yet. Holding above 0.7950, the market is now pushing above 0.80, and looking at the 0.8048 short-term resistance pivot. It should be noted that the 4H RSI reading is testing 60. It has been able t read more
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Dollar Just Short Of 16 Month High, We Need A Push

posted by Avatar PipChecker 9 days ago in Economic Indicators made popular 9 days ago

Yet, the market was not interested in employment figures that were fighting the trend of a double-dip recession. The focus was on the BoE's Quarterly Inflation report. This report projected that the first hike was likely after 1Q 2014. read more
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Risk FX Consolidates in Quiet Trade

posted by Avatar whatadous 9 days ago in EUR, Economic Indicators made popular 9 days ago

A very quiet night of trade in the currency market due to Ascension day holiday in Continental Europe with EUR/USD consolidating its recent losses while cable saw more selling pressure on some dovish comments by David Cameron. read more
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EU Morning Report- Greece fears pressure, BoE cuts growth forecast

posted by Avatar Regon 9 days ago in USD, EUR, GBP, CAD, AUD

Focus is now on the US Manufacturing Index as well as Initial Jobless Claims figures. The British Pound (GBP) plummeted yesterday against the dollar to 1.5888 from 1.5987 after Bank of England inflation report was released yesterday. read more
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USD/CHF trades at 0.9434

posted by Avatar alexandria 9 days ago in CHF made popular 9 days ago

The greenback has been sliding by 0.13% against the Swiss franc during the early hours of the European trading session and ahead of the release of US economic indicators. The cross is now floating close to the four-month high ... read more
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Asian Market Update: Markets given a boost on US commitment to easing; Japan ...

posted by Avatar HousingMarket 9 days ago in USD, EUR made popular 9 days ago

EUR/USD gained in the session testing $1.2750. Funds continue to flow out of Greek banks and there has been some reports that the ECB is not providing funding to Greek banks, however only Australia remained in negative territory. read more
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Japan’s Economic Recovery Blasts Past Peers

posted by Avatar eToro 10 days ago in JPY, Fundamental, Daily made popular 10 days ago

It’s been slightly more than a year since the horrific earthquake and tsunami which decimated a good portion of Japan and its economy, but the latest data suggests a recovery that speaks volumes to the resilience and commitment of the Japanese go read more
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EUR/USD capped below 1.2750 ahead of a holiday session in Europe ...

posted by Avatar arjay 10 days ago in EUR made popular 9 days ago

For the London session ahead most part of Europe closed for holiday makes the trading agenda quite soft, with no EUR macro data related coming out, but key Spanish mid term sovereign debt auctions taking place, and GDP at 05:00 GMT. read more
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European Stocks Seen Largely Unchanged

posted by Avatar arjay 10 days ago in EUR made popular 10 days ago

European stocks are seen opening on a flat note Thursday, with concerns over Greece's political and economic future likely to be at forefront after the debt-laden nation announced that a second round of elections would be held on June ... read more
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Forex Outlook for May 17, 2012

posted by Avatar goldsam 10 days ago in USD, Fundamental, Daily made popular 10 days ago

It is big events for forex market May 17, 2012. read more
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Commodity Prices — May 16th 2012

posted by Avatar commodityblog 10 days ago in Gold, Oil, Agriculture made popular 10 days ago

Commodity prices for May 16th 2012. read more