Expectations for the EC meeting in Brussels. Asian and European trading sessions: Euro: The euro was under pressure due to the debt problems of some of the EC countries that weigh on the whole EC situation. During...
Market Review – 16/12/2010 21:55 GMT Euro recovers as European leaders discuss solving the region’s debt crisis Euro edged higher against the dollar on Thursday after EU leaders agreed to set up a permanent crisis management mechanism...
EUR/GBP: For the last three weeks, the pair is moving aside between 0.8528 and 0.8348. During the previous session, the resistance 0.8528 was broken up but …CAD/JPY: For about a month and a half, the pair is...
Current week emerged shift in a GBPUSD trend, since Monday pair dropped approximately 260 pips and yesterday was solely 50 pips above 16 weeks low.
On a 4-hour graph the USD/CAD slipped to the mark of 1.0000, and then made a rebound. Recently, the interest to buy deals near 1.0000 is observed, which more or less, is the bottom of wide trade...
Demand for the risk drops. Asian and European trading sessions: Euro: The EUR/USD pair started Wednesday with a decrease to the $1,3300 mark. The euro was pressured by the announcement of Moody’s Investors Service that the credit...
Behaving rather in bearish manner, EURUSD decreased during yesterday’s session 130 pips. Main pair opened current session with subtle 26 pips drop down, and is at the moment in rather short-term upward correction.
A threat by Moody’s to downgrade Spanish sovereign debt sent investors flocking to the dollar which in turn sparked a sell off in gold and silver prices. Crude oil prices were resistant to the commodity selling as...
Market Review – 15/12/2010 21:35 GMT Dollar rises as Treasury yields surge, euro drops on worries over Spain debt The dollar strengthened against the Japanese yen, euro and the British pound as U.S. Treasury yields turned higher,...
US fundamentals support the greenback. Asian and European trading sessions: Euro: Euro continued to stabilize of Tuesday morning. Expectations for the strong European fundamental release today supported the euro. Eventually the Euro-zone ZEW survey (Economic sentiment) for...
