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 [...]
Wheat rose today to a monthly high on concerns that cold weather in Europe will hurt output. 5 Vote(s) Read More Wheat Climbs to Monthly Record on Concerns About Weather
Stalled talks in Europe and ongoing concerns regarding the deepening crisis have fueled risk aversion flows into the close of the month with the dollar advancing against all its major counterparts save the yen. Here are the key levels to watch. Read More Classic Haven Flows Fuel Dollar Rally Yentervention Concerns Rise
The dollar has came under substantial pressure in European trade as stronger than expected Chinese data further fueled the rally in Asia Pacific. Here are the key levels to watch on the AUDUSD and USDJPY. Read More Chinese Data Eases Growth Concerns USD Suffers as Risk Picks Up
FXstreet.com (Barcelona) – Mostly due to the successful European bond auctions, the Asian markets… For more information, read our latest forex news. Read More Asian stocks ease concerns on European debt crisis
The Bank of Canada simultaneously released both its Business Outlook Survey (BOS) and its Senior Loan Officer Survey (SLOS) for 2011 Q4 this morning. The BOS survey indicated a deterioration in the outlook for sales a year ahead relative to the past year for the first time in eleven months. Read More Bank of Canadas [...]
Bank capitalization concerns are the main focus today, especially after the debacle involving UniCredit. Worries about bank capitalization, and a continuation of the sovereign debt crisis in many eurozone states, has the euro heading lower again today. (…)Read the rest of Euro Struggles Continue on Bank Capitalization Concerns (139 words) Posted on Forex News. Read More Euro Struggles Continue on Bank Capitalization Concerns
Euro has plummeted below the 1.28 level against the US dollar today as concerns pile up. The latest French bond auction saw higher borrowing costs, and there are renewed concerns about a credit rating downgrade for country. On top of that, Italia 26 Vote(s) Read More Euro Plummets as Concerns Skyrocket
Asian Markets are set to fall after U.S. stocks retreated, following a two-day advance for the Standard & Poor?s 500 Index, amid concern European officials were failing to make progress in taming the debt crisis and as financial companies tumbled. Read More Stocks Fall As Concerns Over Euro Debt Signals Selloff
The Australian dollar declined today, extending its yesterday’s drop against the greenback and the yen as the concerns about the crisis in Europe and the negative fundamental reports from Australia decrease attractiveness of the currency.(…)Read the rest of AUD Falls on European Concerns & Unfavorable Australian Fundamentals (125 words) Posted on Forex News. Read More AUD Falls on European Concerns dan Unfavorable Australian Fundamentals
Forex Boy