The euro fell from eight-week high versus the dollar and tumbled against majors on worries the deals with international lenders and private-sector bondholders are not finalized yet. Although Greek Prime Minister Lucas Papademos and three political … 26 Vote(s) Read More Euro falls from twomonth high on worries Greek deals are not finalized yet
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Read More Euro Could See Hiccup before Strength Resumes
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The outlook for the Euro appears bearish regardless of the outcome of tense negotiations on the second Greek bailout now preoccupying the markets. Read More FOREX Euro Outlook Bearish Regardless of Greek Fiasco Outcome
Posted in FX News | Tagged bearish, euro, fiasco, forex, greek, of, outcome, outlook, regardless
Forex options and futures sentiment points to further US Dollar (ticker: USDOLLAR) losses, and we expect the EURUSD, AUDUSD, NZDUSD, and GBPUSD could trade to further highs. Read More US Dollar Targets Fresh Lows versus Euro, Australian Dollar
Posted in FX News | Tagged australian, dollar, euro, fresh, lows, targets, us, versus
Expectations that a deal will finally be reached on Greece have infused a fresh wave of confidence and the Euro looks poised for additional gains… Read More Euro Clears ShortTerm Resistance Opens Fresh Upside Towards 13500
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Forecasts from economists polled by Reuters centred on 50 billion pounds more being pumped into the economy – effectively flooding the market with more pounds which would be likely to weaken demand. "GBPUSD (sterling/dollar) rebounds remain selling … 31 Vote(s) Read More Euro steady vs sterling, market awaiting Greek deal
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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 [...]
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The euro declined today before results of talks between Greece and its creditors will be revealed. Traders are nervous as the outcome of the discussions is uncertain and they thought that keeping the euro is too risky.(…)Read the rest of Euro Drops as Talks Between Greece & Creditors Near to Conclusion (72 words) Posted on Forex News. Read More Euro Drops as Talks Between [...]
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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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Euro is lower today, thanks to disappointing news coming out of the eurozone. The 17-nation currency is pulling back on falling retail sales and a disappointing bond auction in Portugal. Even the general enthusiasm experienced by financial markets at the latest US jobs data isn’t helping the euro right now. (…)Read the rest of Euro Falls on Disappointing News (131 words) Posted on Forex News. Read More Euro [...]
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