Forex-Metal Daily Analysis -06/01/2012
Premier Minister of Greece: The country is going to meet a default in March 2012.
Month: January 2012
EUR Tumbles Ahead of Non-Farm Data
The euro saw heavy bearish movement throughout the day yesterday despite positive US data which typically helps the currency. Euro-zone debt worries continue to send investors away from riskier assets. Whether today’s US Non-Farm Payrolls can give...
AUD/USD Forecast January 6th, 2012, Technical Analysis
AUD/USD fell on the session for Thursday as traders took a bit of risk off the table worldwide. The Aussie is always sensitive to these moves, so the fall wasn’t exactly a surprise.
EUR/USD Forecast January 6th, 2012, Technical Analysis
EUR/USD plunged through the 1.28 handle on Thursday as traders continue to worry about the European debt issue. The pair has been very bearish as of late, and the trend looks set to continue as the Euro...
GBP/USD Forecast January 6th, 2012, Technical Analysis
The GBP/USD pair saw a weak session on Thursday as the traders came back to worrying about the European debt issues over the session. The pair looks very weak at this point, and it is worth noting...
USD/CAD Forecast January 6th, 2012, Technical Analysis
USD/CAD rose during the session on Thursday as the oil markets sold off. The levels are still high in those markets still, so it should be watched for future direction. The 1.01 level below starts massive support...
USD/CHF Forecast January 6th, 2012, Technical Analysis
USD/CHF rose again on Thursday as traders continue to favor the Dollar overall. The pair tends to run inverse of the EUR/USD pair, and as the Euro went sub-1.28 during the session, this pair rose.
USD/JPY Forecast January 6th, 2012, Technical Analysis
USD/JPY rose during the Thursday session as the worries over Europe brought out a bid for the Dollar on the whole. The market was oversold, so the bounce was somewhat expected.
6th January, 2012 – Daily Forex Report by GFM Research
With the benchmark equity index trading soft the, US Dollar continued appreciating across the board; the Common Currency has lost most against the Greenback as compared to other currencies followed by the Cable. The medium trend is...
5th January, 2012 – Daily Forex Report by GFM Research
Most of the asset classes especially the benchmark equity index of the Dow Jones Industrials, resulting in appreciation of the US Dollar across the board; the Common Currency has lost most against the Greenback as compared to...