Market Review – 02/06/2010 20:48 GMTThe Japanese yen tumbles on uncertainty after Prime Minister resignsThe Japanese yen weakened broadly as the resignation of Japanese Prime Minister Yukio Hatoyama brought bearish bias on the currency while his likely...
Market Review – 01/06/2010 21:41GMTEuro ends mixed after rebounding from a fresh 4-year low on solid US dataDespite trading narrowly in NZ/AUS following U.S. holiday on Monday, euro came under renewed selling pressure on Tuesday, the single...
Market Review – 31/05/2010 17:05GMTJapanese yen falls on political turmoil before rebounding on profit-taking in late European sessionThe Japanese currency fell against major currencies on Monday after a poll showed Sixty-three percent of Japanese voters want Prime...
Market Review – 28/05/2010 18:18GMTEuro weakens after Fitch downgrades Spain’s sovereign debt ratingThe single currency declined broadly on Friday after Fitch Ratings downgraded Spain’s credit rating from AAA to AA+, fueling worries that the European sovereign-debt crisis...
Market Review – 27/05/2010 21:33Euro surges broadly on short-covering after China’s denialEuro rose sharply across the board on Thursday as investors’ worry was eased after China and Kuwait refuted media reports that they would reduce their holdings...
Market Review – 26/05/2010 21:20 GMTEuro weakens on European debt woes and China repositioning fearsThe euro declined across the board for 3 consecutive days on persistent European debt woes while a surprisingly poor demand for German bonds...
Market Review – 25/05/2010 21:38 GMTEuro rebounds strongly on short-covering due to recovery in U.S. stocksThe euro rebounded strongly on short-covering in NY session as U.S. stocks trimmed most of their losses. Earlier, the takeover of a...
Update Time: 25 May 2010 01:01GMT INTRA-DAY EUR/JPY OUTLOOK – +110.65+ As euro has breached sup at 111.25, suggestingthe corrective rise fm 109.47 has ended at 114.40last week n downside bias is seen for weakness to 111.10...
Market Review – 24/05/2010 21:24 GMTEuro weakens as bank failure in Spain stokes debt fearsEuro declined on Monday as European debt crisis continued to weigh on the single currency after Spanish central bank seized a local savings...
Market Review – 15/05/2010 01:22GMT Euro tanks on growth fears and breakup concern The single currency penetrated last week’s 14-month low of 1.2510 in Europe yesterday and tumbled below 1.2400 for the first time since November 2008...
