The Greek government has about 24 hours to decide whether it will agree to the Troika conditions for a bailout deal. Financial markets are hardly showing much concern – but there is a non-trivial chance that Greek does the unthinkable and we must consider the fallout if talks break down. Read More Next 24 Hours [...]
Posted in FX News | Tagged 24, default, for, greek, hours, key, next, risk
Even as the euro has strengthened against the dollar over the last week and a half is unable to carry that advanced to its fight against the Swiss franc. The EUR/CHF pair has been trading mainly sideways over the last two weeks but with a downward lean. There pair tests important support Read More EUR [...]
Posted in FX News | Tagged battle, break, can, eurchf, key, of, snb, spark, support, with
The fate of Greece and the Eurozone economy is still highly uncertain and market participants anxiously await a formal resolution… Read More Greek Debt Negotiations And Risk of Default Key Theme in Early Week
Posted in FX News | Tagged and, debt, default, early, greek, in, key, negotiations, of, risk, theme, week
S&P 500 technical positioning warns of indecision and hints a pullback may be ahead. The US Dollar is on track to challenge a key support level. Read More SdanP 500 Chart Warns of Indecision, Dollar to Challenge Key Support
Posted in FX News | Tagged 500, challenge, chart, dollar, indecision, key, of, sp, support, to, warns
After weakening some of the provisions that would form the rules in the “Fiscal Compact” sought by Euro-zone and EU nations, some tougher elements were put back in. The blueprint is to be discussed early next week when EU finance ministers meet. In the UK retail sales for December rebounded Read More Fridays 3 Key [...]
Posted in FX News | Tagged 3, can, compactquot, cpi, fridays, key, quotfiscal, retail, sales, stories, uk
The Bank of Canada interest rate decision and statement has come and gone. On the inflation front, ‘the profile for inflation is marginally firmer’ and that ‘several significant upside and downside risks are present in the inflation outlook’ the BOC said. Read More Preview Canada CPI Where Next For USD CAD As It Tests Key [...]
Posted in FX News | Tagged as, canada, cpi, for, it, key, next, preview, support, tests, usdcad, where
The exact time and date of China’s trade balance release is still a bit in the air but it’s important to be prepared for this report as it is a key indicator for general risk sentiment as it does a good job of giving us timely information on global trade Read More Preview China Trade [...]
Posted in FX News | Tagged balance, china, for, gauging, global, key, preview, trade
FXstreet.com (C?rdoba) ? The USD/CAD is hovering around 1.0200 on Monday, trading at two week lows…. For more information, read our latest forex news. Read More Forex USD CAD, key support near 10130 FXTimes
Posted in FX News | Tagged 10130, forex, fxtimes, key, near, support, usdcad
We previewed the SNB interest rate decision yesteraday, and with traders and investors positioned to hear something out of the SNB to weaken the currency further, they were dissapointed in the "wait-and-see" approach taken by the central bank. Read More Todays Key News SNB, European PMI Data, UK Sales and Orders, Spanish Bond Auction
Posted in FX News | Tagged and, auction, bond, data, european, key, news, orders, pmi, sales, snb, spanish, todays, uk
The DOW Jones FXCM Dollar Index closed sharply higher as investors rushed into the perceived safety of the reserve currency on threats of further sovereign downgrades in Europe. All eyes now fall on Bernanke for tomorrow’s FOMC rate decision. Read More Massive Surge in USD as Dollar Index Breaks Key Resistance
Posted in FX News | Tagged as, breaks, dollar, in, index, key, massive, resistance, surge, usd
