The Czech koruna firmed yesterday as worries about Latvia#8217;s devaluation eased in a bit and the Czech April trade balance showed a significant surplus (CZK 12 bn). As a result the EUR/CZK pair dipped back below the 27.0 level. Today, the ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
Equity markets in Japan and Korea are falling for the second consecutive session amid the rise in perception over the recent rebound being overdone in terms of pricing in a recovery. Nikkei225 opened down 0.4% after rallying to 8-month highs at the start …, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
Equity trading is sluggish and downbeat this morning, with the three major US indices opening in the red and heading lower in the early going. With no major data releases to set the trend, investors are fretting ahead of the disclosure of which banks have…, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
The controversial US toxic asset clean-up plan, aimed at clearing bad loans from US banks#8217; books to enable them to raise capital and lend freely, has fallen behind schedule, and may never be fully implemented. (FT) Ireland#8217;s credit ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
European equity markets snapped a two-day positive trend with a downside open. Equity market risk aversion broadly followed risk adverse EUR/USD and GBP/USD trades. For the euro, weakness has been …, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
EUR/USD Today#8217;s support: – 1.3826 and 1.3792(main), where correction is possible. Break would give 1.3767, where correction also may be. Then follows 1.3719. Break of the latter would result in 1.3680. If a strong impulse, we would see ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
The Czech koruna developed a sideways trading pattern on Friday as both ongoing fears about Latvia#8217;s devaluation and better-than-expected US payrolls were not able to strengthen the Czech currency. The koruna will start the new week with a ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
EURUSD Last night the pair was consolidating after Friday’s falls between 1,3920-1,4000. Today downside pressure is likely to bring the rate as low as 1,3870 or even 1,3800. These levels we find proper to go long with destination target set at ……, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
Asian equities are trading mixed in a quiet start to the week, with Tokyo and Korea trading firmer against the weakness seen in Hong Kong and Taiwan. Japanese equities are leading the gainers as Nikkei225 charged above 9,900 for its best intraday high sin…, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
Barron’s cover story gauges the recent market rally by surveying Top 100 Women Financial Advisors. Opinions range from very cautious to optimistic about the economic recovery and stock market performance, with investors remaining wary and demanding more …, http://fxtraders.eu/rss/?mode=all
Posted in Forex Note, FX News
