FXstreet.com (C?rdoba) – The general weakness in USD seen after the 25 Jan FOMC is now less… For more information, read our latest forex news. Read More Forex Flash USD now looks less vulnerable than it did before the NFP UBS
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Read More Australian Dollar Sideways Trend Remains For Now
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Yesterday’s EURUSD rally revealed that Euro shorts are rather heavy, but the on-going story continues to make it tough for the single currency to maintain any upside traction. EURGBP has hit a fresh 15-month low. We were ready to accept that yesterday’s reversal in the Euro might be the beginning of Read More EURUSD Rally [...]
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On Wednesday Pound/Dollar traded within 130 pip range. The Cable appreciated first to 1.5775, than lost all gains, dropping to 1.5646 yesterday, in line with the morning positive Interbank sentiment at almost +32%, closing the day at 1.5673. … 23 Vote(s) Read More GBP USD Pushes Up Again, Holding Within Yesterdays Range For Now
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The euro produced mixed results against most of its major counterparts on a day where risk aversion appeared to have calmed down. The last Spanish bond auction for the year was successful, allotting around EUR 6 billion, considerably above the initial target. Eurozone PMIs came out slightly better than expected. Read More Euro Finds Support [...]
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The Euro rally has turned into a bit of a rout as ebullience on a “successful” Italian bond auction faded in the wake of other, more troubling news. The unbearable wait for intervention continues. Yesterday we asked whether this “turbo squeeze” in risk would continue or fade quickly and suggested that Read More EURUSD Rally [...]
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Finding good used cars can be a frustrating, especially if you are not familiar with auto-mechanics. Where do you go to first? Do you go to a used car garage? Look through the want ads? Explore by word of mouth? Search the World Wide Web? Firstly, when looking to buy used cars, I suggest that [...]
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The political uncertainty in Greece has eased as a new technocratic government was sworn in on Friday. The new government is led by former ECB VP Lucas Papademos and Venizelos held on to his post as Finance Minister and Deputy PM. Government officials said the nation’s first priority is to Read More Political Disruptions to [...]
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Italian debt spreads are spinning out of control and only a massive and timely response will stop the systemic consequences. What now? Lack of confidence in Italian debt is seeing Italian debt yields spinning out of control today, as the two-year and 10-year yields rocketed above 7% today after starting Read More Were Now in [...]
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Last week quickly settled into a range after the early week “Papandreou drop”. This week the focus shifts to Italy and whether Berlusconi will survive the most significant challenge yet to his rule. Early last week, we saw a “Papandreou drop”, when the huge EURUSD and risk appetite runup in the Read More Headline Driven [...]
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