The euro came off its New Year’s low following a rise in equities and a decision by Japan to buy European bonds that were being purchased as part of the European Financial Stability Facility. Spot crude oil...
Greenback was supported as unwillingness to take risks grew. Asian and European trading sessions: Euro: Concerns regarding the situation of the European peripheral countries and their weakened ability to raise financing continued to pressure the euro in...
The U.S. dollar fell slightly against most of its major currency counterparts on Monday as the euro recovered from its losing streak, signaling a rise in risk appetite. The euro rallied to above 1.2950 against the dollar...
Hello everyone. We hope everyone had a great holidays and new year. It’s hard to imagine here we are in a new year and it seems like only a little while ago we were writing our first...
Market Review – 10/01/2011 21:47 GMT Euro recovers from 4-month low on short-covering The single currency extended last week’s selloff to a fresh four-month low at 1.2860 (NZ) on Monday due to lingering eurozone sovereign debt crisis...
The dollar continued its rally against the euro on Friday, despite the weaker-than-expected increase in hiring in December, reflected in the Non-Farm Payrolls data. The dollar strengthened as the U.S. Unemployment Rate has dropped to 9.4%, its...
Market Review – 07/01/2011 18:57 GMT Euro tumbles to 4-month low despite weaker-than-expected U.S. payrolls report The single currency fell broadly on Friday as renewed euro zone sovereign risk pressured the euro. Although eur/usd managed to stage...
Update Time: 06 Jan 2011 20:59GMT INTRA-DAY USD/JPY OUTLOOK – +83.35+ As dlr has rebounded after finding renewed buy-ing abv European low of 82.88, consolidation withupside bias is retained, abv intra-day 83.40 highneeded to extend this week’s...
The publication of the Non-Farm Payroll (NFP) data from the US at 13:30 GMT today is without a doubt the leading publication on the economic calendar. If this highly impactful employment report comes in line with Wednesday’s...
Market Review – 06/01/2011 21:36 GMT Euro falls below $1.30 level to a 5-week low against dollar The single currency tumbled to a five-week low against the dollar on Thursday as the recent release of upbeat U.S....
