Crude Oil Trades Above $77 a Barrel
Despite a rise in U.S inventories last week, Crude prices rallied, boosted by strong equities and largely positive U.S economic data and demand figures.
Category: Daily Forex Reports
EUR/USD 1.2264 – 17 June 2010
EUR/USD Open 1.2311 High 1.2349 Low 1.2263 Close 1.2309On Wednesday Euro/Dollar traded hesitantly and within a narrow range. The European was moving within less that 100 pips range 1.2263 – 1.2349 yesterday, in line with the Interbank...
Daily Market Outlook by AceTrader
Market Review – 16/06/2010 21:50 GMTEuro retreats on worries over SpainEuro fell on Wednesday as renewed worries on the Spanish banking systems prompted investors to sell the single currency. Poor U.S. housing data also pressured euro but...
Technical analysis of USD/CAD for 16/06/2010
Support levels: 1.0226, 1.0103, 1.0015.Resistance levels: 1.0391, 1.0454, 1.0681. An intraday view on USD/CAD continues to be bearish as long as the resistance level of 1.0391 is not broken.
Crude Oil Midday Report 16/ June /2010
Crude is trading according to the suggested morning scenario and gradually heading to the awaited target at 75.75, where this descend is supported by the negative momentum over four-hour basis.
Major Currencies’ Midday Report 16/ June /2010
EURUSD The pair touched the mentioned retest level from this morning, where it is currently at 1.2290 as the four hour candlestick closing builds a base above it. Therefore, our morning expectations remain valid as far as...
Forexpros.com Daily Analysis – 16/06/2010
ForexPros Daily Analysis June 16, 2010 Fundamental Analysis: Initial Jobless Claims Traders await the US Initial Jobless Claims. It is a seasonally adjusted measure of the number of people who file for unemployment benefits for the first...
USD – Risk Apetite Back On The Table
Risk appetite has put itself in full view in recent days and on Tuesday the USD was confronted and it lost ground to both the EUR and GBP. Wall Street turned in a good performance with solid...
EUR – German ZEW Report Not An Obstacle
The EUR gathered additional strength on Tuesday and this happened even as a rather disturbing German ZEW Economic Sentiment report came across the wires. The EUR gained versus the USD and continued to show that some investors...
GBP – Claimant Count Change Today
The Sterling like the EUR had another day of gains against the USD and this took place as inflationary data came out close to their estimates. The U.K. will publish its Unemployment Rate and Claimant Count Change...