European equities have pulled back today but this is entirely normal after last week’s rally. Stocks in Europe were up nearly 4% last week on average, and also closed above some fairly significant technical levels. The pan European Eurostoxx index broke above its 200-day sma at 2,448 and managed to Read More Europe Has a [...]
Posted in FX News | Tagged a, but, europe, good, has, looks, start, still, weak
The USD continues to be very clearly a risk negative currency, even falling against the JPY yesterday in a general risk recovery, even though US data has remained solid and the market perception is that it is likely to outperform Europe this year. Central to this status is the idea Read More German Auction a [...]
Posted in FX News | Tagged a, auction, focus, german, risk, still, supported, well
FXstreet.com (C?rdoba) ? The EUR/USD remains steady on Monday, on a low volume session, trading… For more information, read our latest forex news. Read More Forex EUR USD downtrend intact and still powerful Trend Recognition
Posted in FX News | Tagged and, downtrend, eurusd, forex, intact, powerful, recognition, still, trend
The summit of the European Union nations last week set the mood for this week and it wasn’t the optimistic one. The Canadian dollar felt the weight of the negative sentiment, but the week wasn’t altogether bad for Canada’s currency.(…)Read the rest of Loonie Still Feels Disappointment from EU Summit (172 words) Posted on Forex News. Read More Loonie Still Feels Disappointment from EU Summit
Posted in FX News | Tagged disappointment, eu, feels, from, loonie, still, summit
As the European economy crumbles, with further weakness a guarantee in the wake of this week’s EU austerity-inducing deal, we wonder how long markets will continue to throw caution to the wind. Friday’s action finally saw risk appetite taking a bit of a breather after an over-the-top attempt to rally Read More Still Reaching For [...]
Posted in FX News | Tagged enthusiasm, eu, for, handbrake, on, reaching, still, the
The South Korean won remained lower today as concerns about the sovereign debt crisis in Europe were negative for the currency.(…)Read the rest of Korea’s Won Still Feels Pressure from Europe (73 words) Posted on Forex News. Read More Koreas Won Still Feels Pressure from Europe
Posted in FX News | Tagged europe, feels, from, koreas, pressure, still, won
As expected, the Bank of Japan (BoJ) did not announce new easing measures in connection with today’s monetary meeting. The O/N target rate was left unchanged at 0.0-0.1%, the limit for its asset purchases programme was left unchanged at JPY20tr (expanded by JPY5tr at the previous meeting) and finally the Read More Bank of Japan [...]
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The British economy bounced back slightly in the third quarter but may now be contracting again, economists and policy-makers have warned. Read More UK recovery still lacklustre despite Q3 improvement
Posted in FX News | Tagged despite, improvement, lacklustre, q3, recovery, still, uk
The recent plunge of zinc may come to an end on the signs of increasing demand and declining supply. 40 Vote(s) Read More Woes of Zinc Could End, Still Caution Required
Posted in FX News | Tagged caution, could, end, of, required, still, woes, zinc
… emergence of China so he’s happy to be heavily weighted into the AUD and other Asian currencies. The CHF and the JPY are a neutral play in his book and he will hold one or the other to varying degrees depending on the levels they are trading at. … 37 Vote(s) Read More Portfolio [...]
Posted in FX News | Tagged and, asian, aud, chf, currencies, like, players, portfolio, still
