Daily Market Outlook by AceTrader

by AceTraderfx.com | July 30, 2010 1:21 am
Market Review – 29/07/2010 22:56 GMTEuro surges above $1.3100 on upbeat European economic dataThe single currency broke above the $1.31 level for the first time since May as German unemployment decreased while European confidence in the economic...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 29, 2010 1:00 am
Market Review – 28/07/2010 22:52 GMTDollar drops versus yen on weaker-than-expected U.S. durable goods ordersDollar retreated to 87.63 versus the Japanese yen in Asia on Wednesday due to profit-taking after Tuesday’s rally from 86.83 to 87.98 but...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 28, 2010 1:00 am
Market Review – 27/07/2010 22:10 GMTEuro pares gains on a drop in U.S. consumer confidence Although the single currency rose above Monday’s NY high of 1.3006 and climbed to 1.3022 in European morning, euro then retreated from...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 27, 2010 12:51 am
Market Review – 26/07/2010 22:59 GMTEuro surges above 1.30 as solid US economic data boosts risk appetite Euro’s choppy moves were seen in Monday’s Asian morning following Friday’s volatile price action in NY after the stress-test results...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 26, 2010 1:49 am
Market Review – 23/07/2010 22:34 GMTEuro ends mixed in roller-coaster session after European stress-test resultsThe single currency went through a roller-coaster session on Friday, price initially traded calmly in Asia ahead of the much-awaited European stress-test results...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 23, 2010 12:46 am
Market Review – 22/07/2010 22:12 GMTEuro rallies on strong European manufacturing and services data Although the single currency traded sideways at Asian morning following Wednesday’s selloff from 1.2914 to 1.2732 and short-term speculators sold euro from 1.2787...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 22, 2010 12:59 am
Market Review – 21/07/2010 22:15 GMTEuro tumbles as Fed’s Bernanke shows concerns about economic outlookEuro fell sharply on Wednesday as Fed’s Chairman Ben Bernanke showed concerns about the U.S. economy, prompting investors to flock to dollar and...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 21, 2010 12:57 am
Market Review – 20/07/2010 22:16 GMTEuro falls from a fresh two-month high on disappointing U.S. corporate earningsAlthough the single currency maintained a firm undertone in Asian morning following Monday’s strong rebound from 1.2871 to 1.2992 and price...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 20, 2010 1:02 am
Market Review – 19/07/2010 22:00 GMTEuro rebounds on fall in U.S. homebuilder sentimentAlthough the single currency fell below Friday’s low of 1.2890 in early Australian trading on Monday as traders sold euro in reaction to Sunday’s news...

Daily Market Outlook by AceTrader

by AceTraderfx.com | July 19, 2010 12:59 am
Market Review – 16/07/2010 21:39 GMTDollar falls to 7-month low against yen on worse-than-expected consumer sentimentThe greenback remained under pressure against the Japanese yen in Asia following previous day’s decline and fell to 86.97 due to the...