A strong Spanish debt auction today finally put a bid in the EURUSD after the key pair drooped below 1.30 of late. Meanwhile, the SNB disappoints those looking for a rise in the EURCHF floor. After three days of bloodletting for risk on the re-acceleration of the EU crisis, the markets Read More Spanish Debt [...]
Posted in FX News | Tagged auction, bounce, cat, dead, debt, in, puts, spanish, the
When it rains it pours. The bad news just kept on coming in yesterday’s trading session. Risk reduction was the primary theme in the market, as worries over European debt crisis mounted and growth concerns returned. The day started with Greek Prime Minister Papandreou calling for a confidence motion this Read More Greek Referendum Pledge [...]
Posted in FX News | Tagged fx, greek, in, mode, pledge, puts, reduction, referendum, risk
Intraday volatility is still quite high even though the absence of a clear and consistent direction has become painfully obvious to market participants. This excessive energy speaks to how sensitive speculative markets are to developments in the financial foundations of the capital markets. Read More Dollar Puts In Another Volatile Run to Nowhere
Posted in FX News | Tagged another, dollar, in, nowhere, puts, run, to, volatile
The big news shaking the market this morning, even as it is already trying to deal with the important Finnish election results from this weekend, is the S&P outlook downgrade on US debt to negative from stable. Is this significant or merely a confirmation of what has been obvious for Read More SdanampP Puts US [...]
Posted in FX News | Tagged debt, negative, on, outlook, puts, sampp, so, us, what
A bearish close on Wednesday warns of a potential top, but will need to see a break back below 1.3765 to confirm… Read More EUR USD Puts in Bearish Doji Like Close on Wednesday Warns of Top
Posted in FX News | Tagged bearish, close, doji, eurusd, in, like, of, on, puts, top, warns, wednesday
A daily overview of technical developments in the regional currencies. Take a look inside for the latest scoop on the Norwegian Krone and Swedish Krona. Read More USD SEK Puts in Bullish Outside Day Formation Signals Potential Base
Posted in FX News | Tagged base, bullish, day, formation, in, outside, potential, puts, signals, usdsek
While volatility in gold and currency markets is still relatively high as traders speculate ahead of the much-anticipated Fed meeting next week, crude oil markets and equity markets are almost dead. Read More Crude Oil Little Changed as Traders Shun Big Bets, Gold Puts in a Meaningful Gain as the Dollar Plunges
Posted in FX News | Tagged a, as, bets, big, changed, crude, dollar, gain, gold, in, little, meaningful, oil, plunges, puts, shun, the, traders
It is as if fundamental factors are working in league with notable technical events to keep US crude under pressure. After an extended holiday weekend, the NYMEX futures exchange opened Tuesday to significant selling pressure. Initially, the morning’s opening decline was a carry through on the equity market’s slide through Friday’s close (which commodities would [...]
Posted in FX News | Tagged a, and, aversion, cooling, in, manufacturing, of, oil, pressure, puts, revival, risk, tuesday, under, us
During January gold traded sideways to lower mainly due to the stronger US dollar. The Euro was also hit hard on concern in Greece’s fiscal heath. 10 Vote(s) Read More Strong US Dollar Puts Pressure on Gold
Posted in FX News | Tagged dollar, gold, on, pressure, puts, strong, us
Iceland’s finance minister has insisted the government will not default on its debt, as Standard & Poor’s threatened to downgrade the country in the wake of the Icesave veto controversy. Read More SdanP puts Icelands ratings on negative credit watch
Posted in FX News | Tagged credit, icelands, negative, on, puts, ratings, sp, watch
