Market Review – 15/04/2011 19:57 GMT Euro falls on renewed fears over European periphery debt defaults Euro fell against the dollar and the Japanese yen on Friday as fears over European periphery debt defaults increased after Moody’s cut...
The ECB interest rate rise two weeks ago has left investors like the cat that got the cream and the euro fighting fit. But how long can the party last?
General weakening of the US dollar
Stocks on Wall Street clawed back from an earlier slide to close higher Thursday, as economic factors pressured the market. New jobless claims rose above 400,000 for the first time in a month with initial claims rising...
Greetings. Let’s take a look at one of our favorite pair – the EUR/JPY. EVen through the underlying longer term trend remains potentially bullish, it seems like we may have formed a potential short-term top and am...
The EUR lost ground abruptly on Thursday as rumors continued to spark around the story that Greece would have to restructure its debt. Greece was quick to deny the rumors. The IMF also came out and said...
The U.S Dollar depreciated against the Common Currency and the Cable after disappointing economic data. The Euro is expected to take resistance at the historical resistance zone of 1.4500-1.4550 ranges; Swiss Franc is expected to further appreciate...
As the debate on international imbalances intensifies, China’s monetary policies are coming under direct pressure and could have significant impact on the US bond market, which may be partially behind the USD’s decline since yesterday evening.
The AUD/USD currency pair is rolling back after it could not break the resistance level at 1.0600. As mentioned before, if the support level 1.0400 is broken, long positions should be closed as it will cause a...
Greece announced of the necessity to write off part of its debt
