The AUD/USD pair fell during the session on Friday in order to retest the hammer from the Wednesday trading session. The 1.03 level below seem to be supportive, and as such we think that there is a...
On Friday, 28-09-12, the US Dollar traded weak for most of the European session; but appreciated during the American session on the event of profit taking witnessed on most of the asset classes, especially the bench mark...
In the previous European trading session, the Euro lost versus the US dollar, despite the seemingly positive result of the Spanish bank stress test, as markets remain doubtful whether Spain would ask for a bailout or not....
The New Zealand dollar is presumed to continue losing ground opposite the US dollar as investors pare back risk on further signs of a slowing global economy. Last Friday, concerns about Spain and the US economy dampened...
If we can use the Canadian Dollar futures markets as a barometer, speculators have become quite bullish on the loonie. In our recent quarterly review of the volume changes in currency trading, we noted the remaining open...
How many times do we get end of the quarter moves in markets simply because it is the end of an accounting period? A money manager who is paid a performance bonus computed at the end of...
Market review for 27.09.12: The positive came back on markets. The budget plan of Spain met country-specific recommendations. Asian and European trading sessions:
Concerns regarding Spain and Greece’s ability to tackle their debt issues caused the euro to extend its recent bearish trend throughout the day yesterday.
In the previous European trading session, the Euro lost versus the British pound after the Spanish government revealed economic reforms which are deemed by many as the initial step before it requests for bailout from the Euro...
The USD/JPY pair fell during the session on Thursday, but remained above the 77.50 level. This market is currently being buoyed by the Bank of Japan, and as such we are not willing to sell it. Yes,...
