Risk currencies corrected on Friday, as optimism over this week’s European leader’s summit has begun to lose momentum. EURUSD gained marginally after Friday’s sharp drop, climbing to 1.3451 from 1.3376. Asian regional indices were unconvincing in either direction as the Shanghai dropped -1.16% while Hang Seng climbed 0.73%. Commodities remain Read More Another Last Chance [...]
The Japanese yen was rising through this week as concerns about the European debt crisis returned to markets with new strength, reassuring that safe assets would be in high demand. (…)Read the rest of Another Week of Risk-Off, Yen in Demand (135 words) Posted on Forex News. Read More Another Week of RiskOff, Yen in Demand
What a remarkable way to end the week – not just for the US dollar but for the entire financial markets. On the one hand, we have a number of developments that would point to a meaningful, bullish break for risk appetite trend. Read More Dollar Faces Another Surge of Volatility on Stimulus, Crisis Talk
‘Something” will happen by early November, we were told last Sunday. Read More Putting an end to the euro would be better than yet another bailout
Breaking through short term consolidation above 0.8736 support, the EURGBP currency pair is once again testing pivotal resistance barriers at 0.8750-0.8760. 34 Vote(s) Read More Another Short Opportunity EURGBP Tests 08760
Intraday volatility is still quite high even though the absence of a clear and consistent direction has become painfully obvious to market participants. This excessive energy speaks to how sensitive speculative markets are to developments in the financial foundations of the capital markets. Read More Dollar Puts In Another Volatile Run to Nowhere
FXstreet.com (C?rdoba) – Heading into the final hours of the trading this week, EUR/USD holds… For more information, read our latest forex news. Read More Forex EUR USD another week between 140 145
We remain with the risk-off scenario. The US economy is clearly heading for zero growth again and the EU’s is showing no ability to create a credible debt-crisis resolution. There are two major premises in politics it seems: Buy time and spend yourself out of trouble. Over the last 24 Read More Another step towards [...]
Read More Swiss Franc Trend to Reach another Record Before Reversing
The past week offered more signs of slowing growth as global PMI data weakened and US initial claims pointed to a halt to growth. As a consequence another growth scare is emerging and we believe we might see a replay of the ?double dip? fears from 2010. In response bond Read More Weekly Focus Another [...]
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