Market Review – 31/01/2011 20:04 GMT Euro rises on higher-than-expected eurozone inflation data Euro rose on Monday as higher-than-expected eurozone data fueled speculation that European Central Bank (ECB) may raise its interest rate quicker than the U.S....
Update Time: 31 Jan 2011 06:17GMT WEEKLY AUD/JPY CROSS OUTLOOK – +81.00+ A$’s breach of 81.60 to 81.52 signals the fall fm83.69 top to retrace recent rise fm 71.97 has resumed n further weakness twd 80.95 is...
Recent developments in Egypt are having a significant impact on commodities and the major currencies. Just before the weekend, when protests in Egypt began escalating, crude prices jumped 500 pips to $90.80 a barrel. In addition, safe-haven...
Market Review – 29/01/2011 01:13 GMT The greenback and Swiss franc strengthen on Friday as Egypt turmoil increases safe-haven demand The greenback rose broadly, except versus Japanese yen and Swiss franc on Friday as unrest in Egypt...
4-hour timeframeTechnical data:Head channel of the linear regression: direction –upLow channel of the linear regression: direction – downMoving average (20; smoothed) – downCCI: -86.1244
Yesterday’s most significant economic news was clearly the S&P’s announcement that Japan’s credit ratings will be downgraded from AA- to AA. The Japanese yen saw sharp falls against all the major currencies in response. In addition, disappointing...
Market Review – 27/01/2011 23:25 GMT Yen tumbles across the board as S&P cuts Japanese debt rating The Japanese yen sank against its counterparts on Thursday as the credit ratings agency Standard & Poor lowered Japan’s debt...
FOMC meeting decision. Asian and European trading sessions:
The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch of data is expected to show declines in the production, employment and home...
Market Review – 26/01/2011 23:38 GMT Euro trades near fresh two-month high as Fed gives less upbeat U.S. outlook The single currency climbed to a fresh 2-month high of 1.3723 against the dollar in European morning on...
