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 [...]
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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 [...]
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European equities have pulled back today but this is entirely normal after last week’s rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some fairly significant technical levels. The pan European Eurostoxx index broke above its 200-day sma at 2,448 and managed to Read More Europe Has a [...]
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At this week’s meeting, the MPC may well decide to undertake another ?50-75bn of Quantitative Easing (QE). Some will think this too small; some will think it too big. Read More A messy but steadyasshegoes monetary policy suits the world just fine
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Read More US Dollar Risks Collapse on Dow SurgeIf this is a True Risk Rally
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Since I placed my sell orders, EUR/JPY has fallen about 200 pips, just as I had hoped! There’s just one little problem… 29 Vote(s) Read More Got My Eye on a EUR JPY Longterm Falling Trend Line Order
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Read More US Dollar a Natural Short but also a Fundamentally Loaded Currency
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Today’s US GDP data was interesting in that it came in weaker than expected and breaking down the report we see that personal consumption was pretty soft and much of the gain in the fourth quarter came from the restocking of inventories. Therefore with a soft GDP report the usual response Read More Does Weaker [...]
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While growth disappointed in Q4 we still see scope for growth in the area of 2.5% in 2012. Consumption growth is underpinned by decent income growth as employment is picking up and inflation has come down. And exports are likely to recover as export markets are recovering slowly. Corporate investment Read More US A Soft [...]
Posted in FX News | Tagged a, gdp, likely, more, qe3, report, soft, us
Some people asked me to make a new video and because I’ve seen a good occasion to make it yesterday, I made it. This video start with the latest closed position and continue with a quick analysis over some pairs where we was going to see a probab 37 Vote(s) Read More When to enter [...]
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