FXstreet.com (C?rdoba) – This week, 2 events signaled that stress on the interbank market is… For more information, read our latest forex news. Read More Forex Flash Euro could come under renewed pressure Commerzbank
Heading into the holiday weekend, we usually expect activity levels to throttle back as liquidity drains. However, the fundamentals that we are facing for the start of next week are more along the lines of a panicked selloff. Between the US mortgage lawsuits and building European financial troubles, the currency and capital markets promise to [...]
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 Scandis Finding Renewed Bids in MidWeek But Should be Temporary
FXstreet.com (California) – The Consumer Price Index in Australia grew by 1.6% in the first three… For more information, read our latest forex news. Read More Australia Renewed inflation fears on upbeat CPI
The major US event in the coming week is expected to be Tuesday’s FOMC meeting. The euro area will also be in focus with a Eurogroup meeting on Monday and an ECOFIN Council on Tuesday, concentrating on reinforcing economic governance and not least improving the Stability and Growth Pact with a Read More Weekly Focus [...]
The Euro initially consolidated above 1.30 against the dollar on Wednesday and then pushed higher during the European session. 5 Vote(s) Read More Euro Will be Vulnerable to Renewed Selling Pressure
The Japanese yen rose today as the renewed concerns that the recovery of the global economy is losing the traction fueled the demand for the safer assets.(…)Read the rest of Japanese Yen Strengthens on Renewed Demand for Safety (98 words) Posted on Forex News. Read More Japanese Yen Strengthens on Renewed Demand for Safety
Traders cheered as crude prices finally broke through the stubborn $80 price level late on Monday, said Clarence Chu, an oil trader with Hudson Capital Energy in Singapore. 5 Vote(s) Read More Oil price hits threemonth on renewed recovery hopes
After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday’s session losing versus important worldwide currencies, as risk appetite brought investors to purchase assets in higher-yi 6 Vote(s) Read More Dollar Down on Renewed Global Confidence
The yen ended the week with a very positive performance versus most of the main traded currencies as a new wave of risk aversion brought traders to purchase assets in the Asian country, since the yen is well-known for being the safest refuge currency for times of uncertainty in trading markets.(…)Read the rest of Yen More Attractive on Renewed Risk Aversion (138 words) Posted on Forex News. Read More Yen More Attractive [...]
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