Author: AceTraderfx.com

Market Review – 13/05/2010 21:19GMT Euro and pound fall on continued market woes The euro fell for a third day versus the dollar on concerns the harsh fiscal tightening in Europe would lead to slower growth of...

Market Review – 12/05/2010 21:37GMT Cable tumbles on BoE King’s dovish comments after release of inflation report Although the British pound rallied above Tuesday’s high of 1.5005 to 1.5046 in European morning, the pair swiftly pared all...

Market Review – 11/05/2010 21:40GMT Cable rises as Conservative Cameron takes over as U.K.’s new PM The British pound rose against dollar and euro after Conservative leader David Cameron took over as U.K.’s new prime minister. The...

Market Review – 08/05/2010 01:02GMT Euro recovers as German parliament approves rescue package for Greece Euro rebounded strongly from Thursday’s low 1.2510 and rallied back to 1.2799 on active short-covering in European morning before retreating to 1.2609...

Eur/usd – 1.2760 … The single currency maintained a firm undertone after rebounding fm y’day’s low of 1.2510 to 1.2773 on active short-covering

Market Review – 06/05/2010 21:05GMT Euro plunges on lingering Greek contagion fears and 9% slump in U.S. stocks Euro extended its recent weakness and fell across the board on continuing contagion fears after ECB’s Trichet failed to...

Market Review – 05/05/2010 21:31GMT Euro plunges to a 14-month low as fears of Greek debt contagion dominate The single currency fell sharply across the board on Wednesday on fear that a euro-zone debt crisis might spread...

Market Review – 04/05/2010 21:32GMT Euro falls to a fresh one-year low against dollar on Greek debt contagion fear The single currency remained under pressure throughout Tuesday on concerns about Greek debt problems and fears of possible...

Market Review – 03/05/2010 22:01GMT Euro falls on profit-taking and Greek bailout worries The dollar rose against the yen and euro as upbeat US ISM manufacturing and construction data boosted optimism over the US economy recovery while...

Market Review – 30/04/2010 22:14GMT Euro rises on hopes of Greek aid package announcement The euro extended its previous day’s advance against the dollar on Friday on expectation that debt-strapped Greece might reach an agreement on its...