ForexPros Daily Analysis February 17, 2010 Fundamental Analysis: BOJ Press Conference The Bank of Japan will be holding a press conference, their preferred method of communicating with investors. Topics at such conferences generally include economic outlook, inflation...
Market Review – 16/02/2010 21:57GMT Euro rebounds on short-covering after Greece said it won’t need EU bailout Euro rose against the greenback on Tuesday after a Greek official said the nation is ahead of its deficit-reduction goals...
ForexPros Daily Analysis February 16, 2010 Fundamental Analysis: FOMC Meeting Minutes Traders of the US anticipate the publication of the Federal Open Market Committee (FOMC) Meeting Minutes. They are a detailed record of the committee’s interest rate...
GBP/USD Open 1.5660 High 1.5737 Low 1.5562 Close 1.5658After slight decrease on Monday, Pound/Dollar showed strength and started climbing from the 1.5614 bottom, towards Friday’s top and nearest resistance 1.5737. If that level is successfully penetrated upwards,...
This week began with a relatively quiet trading session; however this calmness is likely to end today. The German ZEW Economic Sentiment and the U.S. Long-Term Purchases reports look to create large volatility in the market today....
EUR/USD Open 1.3596 High 1.3654 Low 1.3582 Close 1.3597Euro/Dollar started the week with low volatility because of the absence of economic events and the US President’s Day, trading within a small range, closing on Monday at 1.3597....
ForexPros Daily Analysis February 15, 2010 Fundamental Analysis: German ZEW Economic Sentiment European traders look forward to the publication of the German ZEW Economic Sentiment tomorrow, February 15. The German Zentrum für Europäische Wirtschaftsforschung (ZEW) Economic Sentiment...
With a slow news day forecasted for today, the Euro continues to be weighed down by Greece’s deficit worries. Further impacting the hard hit currency is the lack of a concrete plan from the European Central Bank...
The Summit of the European leaders, does not stop Euro’s Avalanche Past sessions · USD Unemployment Claims out at 440K, versus expected 460K and prior 483K· CHF CPI m/m out at -.01% versus expected -0.4%, and prior...
GBP/USD Open 1.5699 High 1.5765 Low 1.5572 Close 1.5703Pound/Dollar remains within the downward channel, formed on the 3 hour chart. On Thursday the Cable dropped down to 1.5562, as expected, where the bearish movement was limited, than...