Greek Rescue Package to Recover Euro

by Forexyard.com | May 10, 2010 5:39 am
There are very few words that can describe last week’s trading session. Words such as abnormal, irregular, exceptional were used on a constant basis in order to try and explain how unique indeed was the global trading.

EUR/USD 1.2953 – 10 May 2010

by iFOREX.bg | May 10, 2010 5:36 am
EUR/USD Open 1.2877 High 1.2968 Low 1.2527 Close 1.2760The Euro continued depreciating insignificantly on Friday. Euro/Dollar decreased from 1.2788 to 1.2618 on Friday, in converse with the Interbank sentiment projection, at nearly +4.5%, closing the week at...

Daily Market Outlook by AceTrader

by AceTraderfx.com | May 10, 2010 1:28 am
Market Review – 08/05/2010 01:02GMT Euro recovers as German parliament approves rescue package for Greece Euro rebounded strongly from Thursday’s low 1.2510 and rallied back to 1.2799 on active short-covering in European morning before retreating to 1.2609...

USD/JPY 92.28 – 7 May 2010

by iFOREX.bg | May 7, 2010 10:25 am
USD/JPY Open 90.85 High 94.98 Low 88.49 Close 90.56Dollar/Yen decreased significantly on Thursday with over 500 pips, in line with the Interbank sentiment at nearly -34%. Yesterday the currency couple depreciated from 94.98 to 88.49, closing the...

EUR/USD Market moving news by AceTrader

by AceTraderfx.com | May 7, 2010 10:22 am
Eur/usd – 1.2760 … The single currency maintained a firm undertone after rebounding fm y’day’s low of 1.2510 to 1.2773 on active short-covering

GBP/USD 1.4745 – 7 May 2010

by iFOREX.bg | May 7, 2010 8:07 am
GBP/USD Open 1.4871 High 1.5146 Low 1.4595 Close 1.4839Pound/Dollar continued depreciating on Thursday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5146 to 1.4721, closing the day at 1.4839. Today...

Impending Non-Farm Report Could Lead to More EUR Losses

by Forexyard.com | May 7, 2010 6:21 am
With the Euro already recording fresh 14-month lows against the U.S. Dollar on Thursday, the single currency may see a significantly larger price drop following the U.S. Non-Farm Payrolls report. Set to be released at 12:30 GMT,...

EUR/USD 1.2715 – 7 May 2010

by iFOREX.bg | May 7, 2010 5:05 am
EUR/USD Open 1.2627 High 1.2855 Low 1.2527 Close 1.2623The Euro continued depreciating significantly on Thursday, going bellow 1.26. Euro/Dollar decreased from 1.2855 to 1.2527 yesterday, in line with the Interbank sentiment projection, at nearly -2%, closing the...

Daily Market Outlook by AceTrader-9% slump in U.S. stocks

by AceTraderfx.com | May 7, 2010 12:53 am
Market Review – 06/05/2010 21:05GMT Euro plunges on lingering Greek contagion fears and 9% slump in U.S. stocks Euro extended its recent weakness and fell across the board on continuing contagion fears after ECB’s Trichet failed to...

Daily Forex Analysis by Finexo.com 06/05/2010

by Finexo.com | May 6, 2010 9:00 am
Past events: • USD Pending Home Sales m/m out at 5.3%, versus expected 3.9%, prior 8.3%• USD Factory Orders m/m out at 1.2%, versus expected 0.0%, prior 1.3%• GBP Manufacturing PMI out at 58.0, versus expected 57.5,...