An apparent split between France and Germany on the subject of the EFSF has been causing problems in getting a deal done to contain the sovereign debt crisis. However, eurozone leaders are now saying that the two countries are in full agreement. The euro is a bit choppy today, on all the conflicting reports. (…)Read the rest of Eurozone Leaders Reconcile on Rescue Plan; Euro Choppy (145 words) Posted on Forex [...]
Posted in FX News | Tagged choppy, euro, eurozone, leaders, on, plan, reconcile, rescue
Last week was another week of risk and opportunity for traders on eToro’s Open Book platform. Let’s take a look a look and see how the top 100 traders navigated the choppy markets. We analyzed snapshots of net exposures, asset allocations, profit 27 Vote(s) Read More Open Book Traders Trade through Choppy Markets
Posted in FX News | Tagged book, choppy, markets, open, through, trade, traders
The U.S. dollar was mixed against the majors, gaining against the CHF and commodity currencies AUD, CAD, and NZD while declining against the EUR, GBP, and Scandies. The CHF retraced some of the losses experienced following the announcement by the SNB to take measures to weaken what the bank called Read More Dollar Mixed in [...]
Posted in FX News | Tagged choppy, dollar, in, mixed, trading
FXstreet.com (Barcelona) – The EUR/USD attempts to pull back from an earlier low of 1.4157,… For more information, read our latest forex news. Read More Forex EUR USD choppy around 14200
Posted in FX News | Tagged 14200, around, choppy, eurusd, forex
The U.S. dollar was mixed across the board, significantly weaker against the Japanese yen and Swiss franc and much stronger against the New Zealand and Australian dollars as risk sentiment experienced large swings throughout the NY session. The U.S. May trade deficit widened by more than expected to $-50.2B from Read More Choppy Markets amid [...]
Posted in FX News | Tagged amid, choppy, debt, eu, fomc, markets, minutes, worries
Overnight, equities were stronger in Asia and Europe as a result of positive earnings from Dell. The news helped to stop what has been a recent slide in equities, which have been pressured by concerns over a slowdown in global demand due to soft US data as well as the Read More Currency Markets Trade [...]
Posted in FX News | Tagged against, choppy, commodities, currency, despite, ecb, higher, markets, reprofiling, trade
FXstreet.com (Barcelona) – The NZD/USD was able to show movement to the upside in the closing hours… For more information, read our latest forex news. Read More Forex NZD USD choppy around 07160
Posted in FX News | Tagged 07160, around, choppy, forex, nzdusd
With little in the way of fundamental support, crude oil prices are subject to the vagaries of economic sentiment. The path of least resistance for gold is down as momentum traders exit and back away from the market. Read More Crude Oil Little Changed in Choppy Trading, Gold Continues Lower
Posted in FX News | Tagged changed, choppy, continues, crude, gold, in, little, lower, oil, trading
The New Zealand dollar bounced around overnight against major currencies but by 8am was little changed from its levels at yesterday’s local close, as investors fretted about delays in putting together a financial aid package for debt-stricken Gre 5 Vote(s) Read More Choppy session for NZ dollar
Posted in FX News | Tagged choppy, dollar, for, nz, session
PM warns of “choppy waters” ahead on the path to economic recovery but insists he has the “courage” to get the job done. Read More Gordon Brown warns of choppy waters ahead as he sets stage for May election
Posted in FX News | Tagged ahead, as, brown, choppy, election, for, gordon, he, may, of, sets, stage, warns, waters
