The euro zone’s fundamental data have lately been showing growing weakness in the region as global industrial production begins to slow on Japan’s nuclear crisis and soaring oil prices. Monetary policy adjustments have many currencies trading more...
Market Review – 13/04/2011 20:40 GMT Euro retreats from 15-month high as President Barack Obama plans to cut U.S. budget deficit The single currency retreated from a fresh 15-month high on Wednesday due to lingering concerns over Greek...
The risk level of NPP Fukushima was increased to its maximal point
The EUR continued its surge on Tuesday highlighting that Monday’s brief decline may have only been a profit taking mode. The fact that the ECB is maintaining a strong inflation stance compared to the Federal Reserve and...
EUR-USD Time: 22:30 Rate: 1.4483 Strategy: short Daily time frame
Greetings. Let’s take a look at the GBP/USD hourly chart. The underlying trend remains potentially bullish and we just hit the 38.2% Fibo retracement level from the last movement up.
Wall Street closed in red territory Tuesday as trade data led some economists to lower forecasts for economic growth and after a survey signalled heightened cynicism among small business owners. After a nearly 150-point drop, the Dow...
U.S Dollar traded mixed wherein the Cable has corrected by more than 60 pips and the Swiss Franc has strengthened by about 100 pips; the Greenback has closed flat against the Common Currency and the Aussie Dollar.The...
The most pressing concern in the commodities market lately has been a fear that the global economy cannot sustain sufficient growth with oil prices reaching above $100 a barrel. Investors witnessed the price of oil drop from...
Market Review – 12/04/2011 20:26 GMT Euro retreats from 15-month high as commodity prices tumble Euro retreated from a fresh 15-month high on Tuesday as the selloff in commodity prices together with the worsening of Japanese nuclear leakage...
