The EUR/USD pair rose during the session on Tuesday as the market is getting ready to receive the announcement out of the Federal Reserve’s two day meeting today. There is a lot of speculation that the Fed...
The EUR/USD pair fell hard during the session on Monday as the result of the Greek election only provided a short-term boost to the currency. It is becoming obvious to market participants that there are many other...
Market review for 11-15.06.2012
The second Greek election, Sunday the 17th of June, has been portrayed as a referendum on the Greek membership in the euro. The election results will remain unknown until after the polls close today, and even polls...
EURUSD has formed a cycle bottom at 1.2288 on daily chart. Further rally is still possible next week, and next target would be at 1.2800-1.2900 area. However, the rise from 1.2288 is likely consolidation of the downtrend...
The EUR/USD continued to be the epicenter of the financial world as the Greek elections loom on Sunday. The markets were going back and forth to the headlines over the course of the afternoon in America as...
The EUR/USD pair rallied for most of the session on Wednesday, but gave back a lot of the gains towards the end of the session. Fears of a weaker GDP in the US has people concerned, and...
The Spanish bonds yields’ grew to their maximum level of 6, 728 %.
News Sunday that a bail out fund was going to have up to €100B available to rescue Spanish Banks gave the market a boost.
The EUR/USD pair had a relatively quiet session on Tuesday as the stock markets were strong in the United States. The 1.25 level continued to be the epicenter of price action, and with the Greek elections coming...