Impending Non-Farm Report Could Lead to More EUR Losses

by Forexyard.com | May 7, 2010 6:21 am
With the Euro already recording fresh 14-month lows against the U.S. Dollar on Thursday, the single currency may see a significantly larger price drop following the U.S. Non-Farm Payrolls report. Set to be released at 12:30 GMT,...

EUR/USD 1.2715 – 7 May 2010

by iFOREX.bg | May 7, 2010 5:05 am
EUR/USD Open 1.2627 High 1.2855 Low 1.2527 Close 1.2623The Euro continued depreciating significantly on Thursday, going bellow 1.26. Euro/Dollar decreased from 1.2855 to 1.2527 yesterday, in line with the Interbank sentiment projection, at nearly -2%, closing the...

Daily Market Outlook by AceTrader-9% slump in U.S. stocks

by AceTraderfx.com | May 7, 2010 12:53 am
Market Review – 06/05/2010 21:05GMT Euro plunges on lingering Greek contagion fears and 9% slump in U.S. stocks Euro extended its recent weakness and fell across the board on continuing contagion fears after ECB’s Trichet failed to...

Daily Forex Analysis by Finexo.com 06/05/2010

by Finexo.com | May 6, 2010 9:00 am
Past events: • USD Pending Home Sales m/m out at 5.3%, versus expected 3.9%, prior 8.3%• USD Factory Orders m/m out at 1.2%, versus expected 0.0%, prior 1.3%• GBP Manufacturing PMI out at 58.0, versus expected 57.5,...

GBP/USD 1.5172 – 6 May 2010

by iFOREX.bg | May 6, 2010 8:04 am
GBP/USD Open 1.5095 High 1.5173 Low 1.5092 Close 1.5089Pound/Dollar continued depreciating on Wednesday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5173 to 1.5073, closing the day at 1.5089. Today...

Euro-Zone Debt Concerns Push EUR to 14 month Low

by Forexyard.com | May 6, 2010 7:18 am
Fears that the sovereign debt issues will spread to other weak economies such as Spain and Portugal as well as concerns that the bailout package will not be enough to return Greece to solvency caused the EUR...

EUR/USD 1.2850 – 6 May 2010

by iFOREX.bg | May 6, 2010 5:02 am
EUR/USD Open 1.2814 High 1.2995 Low 1.2795 Close 1.2790The Euro continued depreciating on Wednesday. Euro/Dollar decreased from 1.2995 to 1.2795 yesterday, in line with the Interbank sentiment projection, at around -1%, closing the day at 1.2790.

Daily Market Outlook by AceTrader

by AceTraderfx.com | May 6, 2010 1:02 am
Market Review – 05/05/2010 21:31GMT Euro plunges to a 14-month low as fears of Greek debt contagion dominate The single currency fell sharply across the board on Wednesday on fear that a euro-zone debt crisis might spread...

GBP/USD 1.5172 – 5 May 2010

by iFOREX.bg | May 5, 2010 7:54 am
GBP/USD Open 1.5127 High 1.5264 Low 1.5092 Close 1.5141Pound/Dollar continued depreciating on Tuesday, in converse with the positive Interbank sentiment at around +2%. The Cable depreciated yesterday from 1.5264 to 1.5092, closing the day at 1.5141.

Daily Forex Analysis by Finexo.com 05/05/2010

by Finexo.com | May 5, 2010 7:37 am
Past events: • USD Pending Home Sales m/m out at 5.3%, versus expected 3.9%, prior 8.3%• USD Factory Orders m/m out at 1.2%, versus expected 0.0%, prior 1.3%• GBP Manufacturing PMI out at 58.0, versus expected 57.5,...