Market Review – 20/07/2011 22:03 GMT Euro edges higher ahead of eurozone summit The single currency rose on Wednesday on optimism that EU leaders will conclude a successful rescue deal to ease Greece’s debt level at the...
Market Review – 19/07/2011 21:55 GMT Euro rises on optimism over EU summit The single currency edged higher on Tuesday due to optimism that a deal will be reached to provide further aid for Greece at the...
Market Review – 18/07/2011 21:59 GMT Euro drops on continued concerns over debt crisis before recovering Despite the release of better-expected eurozone bank stress-test results last Friday, the single currency fell on Monday as investors continued to...
Market Review – 15/07/2011 21:34 GMT Euro little changed against dollar despite better-than-expected stress-test results The single currency hovered around 1.4157 against dollar near New York close after a choppy session on Friday. Although the European Banking...
Market Review – 14/07/2011 21:40 GMT Dollar gains as Fed’s Bernanke rejects immediate stimulus The greenback pared previous sessions’ losses and recovered against its major counterparts on Thursday as Fed Reserve Chairman Ben Bernanke said Fed was...
Update Time: 13 Jul 2011 15:21GMT INTRA-DAY USD/CHF OUTLOOK – +0.8200+ Dlr’s breach of June’s low of 0.8276 after meeting renewed selling below 0.8331 res earlier sig-nals LT downtrend has finally resumed n downside bias remains for...
Market Review – 13/07/2011 21:26 GMT Dollar tanks as Bernanke says Fed will provide additional stimulus if needed The greenback fell sharply against its major counterparts as U.S. Federal Reserve Chief Ben Bernanke said the Fed would...
Update Time: 12 Jul 2011 18:16GMT DAILY EUR/USD OUTLOOK – +1.4050+ Despite early selloff to a fresh 4-month low of1.3838, subsequent rally on active short-coveringsignals recent decline has formed a temp. low theren consolidation with upside bias...
Market Review – 12/07/2011 21:32 GMT Euro rebounds on short covering after the European officials’ supportive comments Despite initial selloff below 1.4000 to a 4-month low at 1.3838 in Europe on fears that eurozone leaders were not...
Market Review – 11/07/2011 21:57 GMT Euro tumbles on fear of European debt crisis is spreading The single currency plunged across the board on Monday on concerns that European debt crisis could spread to larger European economies...
