EUR – Spanish Banks In The News
With very flat data coming from Europe and news circulating that Spanish banks are voicing concerns about the ECB’S liquidity program, the EUR began to decline versus the USD.
Author: bforex.com
GBP – Data From The U.K. Coming Today & Tmrw
The GBP has had a nice run in value recently and yesterday it was able to trade in a divergent manner compared to the EUR against the USD. The U.K. will start releasing rather important data today...
JPY – Investor Caution Increasing
The JPY continued to build momentum against the USD on Monday. Japan released rather negative economic data early today also, which highlighted that its promising government pronouncements have now met head to head with a rougher economic...
Commodity Currencies
The commodity currencies are trading a volatile range as Oil prices continue to spike in both directions. Therefore, we need to use the major MA’s as a guide more than a specific point of entry.
USD – A Week Packed With Data
After another GDP report from the United States investors cannot be faulted for scratching their heads and asking if good economic data is going to come anytime soon. The USD traded in a rather flat range against...
EUR – Greece In The News Again
The EUR continued to trade in range on Friday as investors seemingly refused to push the currency in any particular direction. Uncertainty remains a focal point for the European Union Sovereign Debt market and questions still remain...
GBP – Plenty Of Data To Come From U.K. This Week
The Sterling has found itself doing better against the USD the past week of trading under the pronouncements by the U.K. government, which insist it will pursue austerity measures. There is little doubt that the GBP remains...
JPY – Risk Adverse Trading Continues
The JPY like the USD remains a magnate for safe haven investors. Asian bourses have turned in tentative and negative results like Wall Street and its effect has made the JPY a favorable avenue. Gold finds itself...
USD – A Cautious Parade To Safety
This week has thus far produced cautious moves within the currencies as the USD has basically stagnated against the majors as investors have proven a nervous bunch. Data from the United States continues to backpedal and show...
EUR – Unsteady Sentiment Surrounds The Single Currency
The EUR has found itself in stagnant territory much of this week, reflecting the general sentiment which surrounds the E.U. economic environment. Data from the E.U. continues to highlight poor outcomes.