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eur-usd trend chart for may 16 2012
EUR, EUR/Crosses vulnerable to more downside, given heightened risks that Greece may exit Euro,
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Greek instability weighs on euro, risk currencies
The euro held at four-month lows against the dollar on Wednesday ...
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EUR-USD prediction today may 16 2012
The euro continued its slide against the U.S. dollar on Wednesday, up slightly after hitting a four-month low,
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USD/JPY: Trading the Japanese GDP
The Gross Domestic Product (GDP) measures production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Japanese yen.H
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EUR/USD update (14th May 2012, 15:15)
EUR/USD trended down as worse-than-expected Italian GDP figures were released. The GDP for the first quarter fell by 1.3% on a year-on-year basis, from a contraction of 0.4% previously. It was expected to fall by 1.2%. The eurozone GDP and economic ...
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Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
USD - The USD diverged from its recent trends overnight, but nonetheless strengthened further against many of its major counterparts. Despite ongoing fears that the Eurozone is descending into further political and economic turmoil, risk sentiment is ...
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Traders Pare Back Commodity Currency Longs, Pile On Euro Sho
In an interesting shift in demand, currency traders pared back on exposure to major commodity bloc currencies over the past weekly period ending May 8th. Notably, the recent risk aversion sentiment due to Europe has negatively affected both the
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EUR/USD Gains on Germany’s GDP, Falls on Greece’s Elections
EUR/USD rose today after a report showed that the German economy grew last quarter. The currency pair erased its gains as Greece prepares for a new election after parties failed to form a new government.
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USD/JPY Technical Outlook – May 15th
Japanese yen weakness is helping the USDJPY exchange rate to rise above key resistance at 80.00. However, with confluence of barriers up ahead, the current bid momentum may only be temporary.
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Pound Slides To Fresh 3-week Low Against Dollar
On the downside, the pound may find target around the 0.8030 level. The German economy expanded more than expected in the first quarter of 2012, data released by the Federal Statistical Office showed today. Gross domestic product rose 0.5 percent from ...
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GBP/USD Approaching Key Support Area Ahead of the BoE
The fell over the 5/15 Asian-European session, and continued to slide in early US session.The 1H chart shows the pair tagging the lower bollinger band which is 3 standard deviations from the 200 simple moving average here. The ability to do that
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USD/CHF retreats 0.25%
The greenback tumbled against the Swiss franc during the early hours of the European trading session and ahead of the release of important data about the state of the US economy. At 12:30 GMT will be released the latest ...


