The AUD/USD has traded in a 300 pip range over the past few weeks as risk trends continue to ebb and flow. The credit troubles in Greece continue to be a source of volatility but concerns haven’t reached the level where a broad based flight to safety has been generated. The pair has been prone [...]
Posted in FX News | Tagged a, audusd, developing, makes, scalping, target, wedge |
The head of Germany’s debt agency has warned that Greek withdrawal from the euro would have calamitous effects and destroy Europe’s monetary union, a prospect that leaves Berlin with little choice other backing an EU rescue plan. Read More Germany debt chief hints at Greek rescue
Posted in FX News | Tagged at, chief, debt, germany, greek, hints, rescue |
EURUSD – Euro Forecast to Depreciate vs US Dollar GBPUSD – British Pound Outlook Strongly Bearish USDJPY – Japanese Yen Trading Higher against US Dollar USDCHF – Swiss Franc Forecast to Depreciate vs. USD USDCAD – Canadian Dollar Likely to Weaken Further Against USD GBPJPY – British Pound Forecast Very Bearish versus Japanese Yen [...]
Posted in FX News | Tagged against, british, dollar, euro, Forecast, further, pound, rally, to, us |
UK retailers posted their strongest growth in sales volumes for two years in early February, and further growth is expected in March, the CBI said yesterday. Read More High street sees strongest sales growth for two years
Posted in FX News | Tagged for, growth, high, sales, sees, street, strongest, two, years |
EURUSD – Euro Forecast Turns Aggressively Bearish GBPUSD – British Pound Outlook Remains Bearish USDJPY – Japanese Yen Forecast to Rally Sharply USDCHF – Swiss Franc Expected to Lose Further USDCAD – Canadian Dollar Forecast to Weaken Against USD GBPJPY – British Pound Forecast Bearish versus Japanese Yen View individual currency SSI charts in [...]
Posted in FX News | Tagged and, dollar, Forecast, further, japanese, rally, to, us, yen |
The Governor of the Bank of England has warned that the UK needs to “face up” to the dangers within the financial system and adapt radical reforms – or risk an “even bigger crisis next time.” Read More Mervyn King UK must face up to the dangers in banking
Posted in FX News | Tagged banking, dangers, face, in, king, mervyn, must, the, to, uk, up |
The fundamental storm underlying the financial markets is building, yet the anchor on sentiment is holding fast. While this divergence between the primary health of the markets and the prevailing asset levels is remarkable, it is not altogether unusual. Read More Volatility Behind the Dollar, Dow and Risk Appetite Increases but a Clear Direction Still [...]
Posted in FX News | Tagged a, absent, and, appetite, behind, but, clear, direction, dollar, dow, increases, risk, still, the, volatility |
The UK economy emerged from recession more quickly than first estimated, new figures showed today. Read More UK economy emerged from recession quicker than thought
Posted in FX News | Tagged economy, emerged, from, quicker, recession, than, thought, uk |
Brown’s election prospects boosted after official figures showed that the economy expanded by 0.3pc in the final quarter of 2009. Read More Britain emerged from recession quicker than first thought
Posted in FX News | Tagged britain, emerged, first, from, quicker, recession, than, thought |
Extreme weakness in the pound has catapulted EUR/GBP higher. After weeks of moving sideways below the 200 SMA, EUR/GBP has closed above that very much watched moving average. I would not chase it here but look for some kind of retest of the .8873 breakout area. Though Stochastics has crossed over into overbought territory, EUR/GBP [...]
Posted in FX News | Tagged day, eurgbp, long, of, the, trend |
