EUR/USD at 3-Wk High as Greece Fears Ease

by Forexyard.com | July 1, 2011 7:35 am
The EUR/USD was seen moving towards a three week high of 1.4570 yesterday after bullish economic reports pushed many investors away from the safe-haven greenback. Yesterday’s bullish PMI data from Chicago helped add to the trend of...

1st July, 2011 – Daily Forex Report by GFM Research

by gfmresearch.com | July 1, 2011 5:51 am
The Dollar Index (DXU11) depreciates for the straight fourth trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA).  The...

Buyers Going Into The Weekend?

by bforex.com | July 1, 2011 5:34 am
The EUR picked up a bit more ground against the USD on Thursday as investors search for its real value. The Greek government passed the second round of their austerity measures and news has circulated that German...

EUR/JPY Outlook

by c2fx.com | July 1, 2011 5:05 am
Greetings. Let’s take a look at the EUR/JPY. We just broke a major trendline and we’ll have to see if this trend line will now start to act as support for a rising market.