Category: Daily Forex Reports

Market sentiment remains on a razor’s edge as trading opens up this week. The developments in the Greek debt saga continue to cause nervousness as fears about a potential restructuring of obligations is rumored.

Debt concerns have taken center stage in the euro zone, with higher yielding assets like the GBP and EUR positioned to lose significant value if authorities fail to address the ominous drift to caution and reluctance among...

Market Review – 24/06/2011 21:29 GMT The single currency weakens broadly on Greek debt concerns Euro fell against the greenback on Friday due to renewed concerns over the possibility of disapproval of Greek’s austerity plan when the...

06/26/2011 23:45 UTC USD swings higher as it strengthens against the EUR, GBP, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 6 out of 8, thus suggesting that the current swing may be...

06/26/2011 21:37 UTC NZD swings lower as it weakens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 6 out of 8, thus suggesting that the current swing may be...

06/26/2011 21:37 UTC AUD swings lower as it weakens against the USD, JPY, CHF, EUR and GBP. Recent mid-term strength indicator reading for AUD is 2 out of 8, thus suggesting that the current swing may be...

Please find hereafter our daily update on the majors as of June 24th 2011 (22:30 GMT). (Click on the dedicated link to access our forum post with the chart).

Save-heaven assets are in demand.

06/24/2011 09:07 UTC CAD swings lower as it weakens against the JPY, AUD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CAD is 4 out of 8, thus suggesting that the current swing may be...

06/24/2011 09:07 UTC USD swings lower as it weakens against the EUR, GBP, JPY, AUD and NZD. Recent mid-term strength indicator reading for USD is 5 out of 8, thus suggesting that the current swing may be...