Market Review – 30/05/2011 19:43 GMT The single currency eases on Monday due to worries over next IMF/EU aid payment for Greece Euro traded with a soft bias in thin market condition on Monday due to holiday...
Market review for 23 – 27. 05, 2011
Shares in the next week will run a gauntlet of data expected to indicate a slowing economic recovery, but a few positive reports may prove enough to draw investors into a market accustomed to negative sentiment. Equity...
May is coming to an end and once again as investors set their eyes at the US non-farm payrolls. In the last few weeks, we have seen interest rate expectations drop because of a slowdown in economic...
With the United States on holiday Monday, currency traders are likely to witness a relatively thin trading environment. Though debt concerns loom in the euro zone, and industrial production falters globally, the higher yielding assets like the...
The Dollar Index (DXM11) after finding resistance at 76.50 ranges slipped below critical support of 75.00 ranges. Long-term bearishness in the Dollar seems to be back; consistent close below 74.50 would increase our conviction.Key equity index of...
The markets should prove rather cautious today as the U.K. and the U.S. both commemorate holidays. As trading ended on Friday the USD finished at the weaker side of its range against the EUR and GBP. Wall...
Market Review – 27/05/2011 21:11 GMT Euro rallies on easing of euro zone debt concerns and broad-based dollar weakness Euro rallied on Friday as euro zone debt concerns eased and the greenback weakened against its major counterparts...
05/29/2011 23:47 UTC NZD swings higher as it strengthens against the USD, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
USDCAD broke above the downtrend line from 1.0285 to 0.9973, suggesting that the fall from 1.0672 had completed at 0.9444 already. Further rally could be seen in a couple of weeks, and next target would be at...
