The EUR/USD chart in the 1H time-frame shows a bullish market since tagging last week’s low. We basically have a consolidation range with lower support near 1.3030 (starting 1.3070) and higher resistance near 1.3230 (starting at 1.32). Our count 5 Vote(s) Read More EUR USD Trading Up Near Consolidation Resistance Area
Posted in FX News | Tagged area, consolidation, eurusd, near, resistance, trading, up |
Forecasts from economists polled by Reuters centred on 50 billion pounds more being pumped into the economy – effectively flooding the market with more pounds which would be likely to weaken demand. "GBPUSD (sterling/dollar) rebounds remain selling … 31 Vote(s) Read More Euro steady vs sterling, market awaiting Greek deal
Posted in FX News | Tagged awaiting, deal, euro, greek, market, steady, sterling, vs |
Euro dollar is steady in the middle of the range, as talks between Greek leaders are close to conclusion regarding the terms of the bailout. Greek politicians have little choice, but they want to improve their position before the elections. In th 39 Vote(s) Read More EUR USD Waiting in Range for more Greek Cuts
Posted in FX News | Tagged cuts, eurusd, for, greek, in, more, range, waiting |
Concerning the EUR/USD pair, it fell on the daily basis to trade around 1.3120, after recording a high of 1.3167 and a low of 1.3087. The trading range for today is among key support at 1.2860 and key resistance at 1.3315. The US dollar, on the other … 31 Vote(s) Read More Euro shows decline [...]
Posted in FX News | Tagged amid, concerns, decline, euro, greek, shows, talks |
Fairly orderly market. EUR/USD hardly changed on the day. We’re at 1.3115 from around 1.3105 when I parked my bum. We got a head of steam up early and managed to reach session high 1.3167 (Reuters) 1.3169 (EBS)….more. 24 Vote(s) Read More ForexLive European Morning Wrap
Posted in FX News | Tagged european, forexlive, morning, wrap |
The euro declined today before results of talks between Greece and its creditors will be revealed. Traders are nervous as the outcome of the discussions is uncertain and they thought that keeping the euro is too risky.(…)Read the rest of Euro Drops as Talks Between Greece & Creditors Near to Conclusion (72 words) Posted on Forex News. Read More Euro Drops as Talks Between [...]
Posted in FX News | Tagged as, between, conclusion, creditors, drops, euro, greece, near, talks, to |
Japanese yen is heading higher today as concerns about Greece once again take center stage. While Greek Prime Minister Lucas Papademos insisted that some progress was made over the weekend, he also pointed out that there are still some conditions left. The unresolved situation is adding to the uncertainty that is prompting risk aversion today. (…)Read the rest of Japanese [...]
Posted in FX News | Tagged a, boost, gets, greece, japanese, on, yen |
UK pound is gaining against a weaker euro today, heading higher as worries about Greek debt resume. Greek talks have been suspended for a short time, even though Greek PM Lucas Papademos said that some progress had been made recently. The pound, though, is down against the US dollar as risk aversion sets in. (…)Read the rest of UK Pound Gains against [...]
Posted in FX News | Tagged a, against, euro, gains, pound, uk, weakened |
The Brazilian real dropped today as uncertainty about an outcome of the discussion about reduction of Greek debt made traders sell riskier currencies and stick to safer assets.(…)Read the rest of Brazil’s Real Down as Traders Await End of Greek Troubles (67 words) Posted on Forex News. Read More Brazils Real Down as Traders Await End of Greek Troubles
Posted in FX News | Tagged as, await, brazils, down, end, greek, of, real, traders, troubles |
