Forex-Metal Weekly Analysis
Market review for 11-15.06.2012
Category: Daily Forex Reports
Euro Sees Gains Ahead of Greek Election
The euro saw gains across the board on Friday, as investors were confident that whatever the outcome of the Greek election being held over the weekend, the international community would actively work to support the euro-zone. The...
Greek Elections and Other Forex Drivers
The second Greek election, Sunday the 17th of June, has been portrayed as a referendum on the Greek membership in the euro. The election results will remain unknown until after the polls close today, and even polls...
EUR Range Trades ahead of Greek Elections
The euro failed to make significant movements in trading yesterday, despite rising Spanish and Italian bond yields which many analysts had predicted would bring the common-currency lower vs. its main rivals.
USD/JPY Forecast June 15, 2012, Technical Analysis
The USD/JPY pair fell for the session on Thursday as the pair is essentially stuck between the 0.79 and 0.8050 levels, and is simply looking for some kind of direction to follow. The Bank of Japan is...
USD/CAD Forecast June 15, 2012, Technical Analysis
The USD/CAD pair fell during the session on Thursday as the comments by several central bankers suggested that even more easy money would be on the way if the Greek elections caused a market meltdown. This isn’t...
GBP/USD Forecast June 15, 2012, Technical Analysis
The GBP/USD pair rose during the Thursday session as hopes crept back into the market of a central bank intervention to support the markets – especially the Euro. The Greek elections are Sunday, and they will be...
EUR/USD Forecast June 15, 2012, Technical Analysis
The EUR/USD continued to be the epicenter of the financial world as the Greek elections loom on Sunday. The markets were going back and forth to the headlines over the course of the afternoon in America as...
AUD/USD Forecast June 15, 2012, Technical Analysis
The AUD/USD pair rose during the Thursday session as the “risk on” attitude of the markets was boosted by the central banks out there suggesting that they were going to step in and provide liquidity for the...
Latest Greek Election to Cost 30% Less Than the May Election
With practice, the Greek’s are becoming more efficient, with their elections anyway. The May 6th elections cost €50m and the new one is scheduled to cost only €35.