EU Morning Report – Dollar weakness across the board as risk appetite soars!

Here are the latest Financial News: EU Morning Report – Dollar weakness across the board as risk appetite soars! The Dollar was sold across the board as demand for the safe haven eased and the market bought stocks and commodities aggressively. Company Earnings were strong but economic data was... Read the article »

EU Morning Report- ECB and BoE leave interest rates unchanged!

Here are the latest Financial News: ECB and BoE leave interest rates unchanged! The dollar weakened yesterday as risk appetite kicked-in following ECB President Trichet’s press conference. The ECB monetary stance had not altered however Trichet’s upbeat attitude permeated confidence across... Read the article »

EU Morning Report – US Non Farm Payrolls expected at -110K!

Here are the latest Financial News: US Non Farm Payrolls expected at -110K! The dollar weakened across the board yesterday as global growth concerns were in the limelight ahead of today’s NFP report. Manufacturing ISM disappointed by dropping to 56.2 pending home sales fell by 30%, construction... Read the article »

EU Morning Report – G20 Agrees to disagree on fiscal consolidation!

Here are the latest Financial News: G20 Agrees to disagree on fiscal consolidation! Markets traded cautiously on Friday and the USD softer on Friday as Q1 GDP was revised to 2.7% from earlier 3.0% estimates. Markets on Friday were sidelined as trader’s squared positions ahead of the weekend G20... Read the article »

Daily Outlook – China Revaluation Talks Buoying markets

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 21st June (00:30 GMT) U.S. Dollar Trading (USD) ended the week little loved with most pairs remaining at week highs against the greenback. With little data out, the markets turned to US Equities which finished at month highs. Risk appetite... Read the article »

Daily Outlook – Strong Chinese Data Prompts Relief Rally

Here are the latest Financial News: Last week’s currency trading review The Dollar was on the backfoot for most of the week as stock markets staged an impressive rebound. Heavily overbought, the USD was ripe for profit taking and the market did so in a broad based fashion. April’s Trade Balance... Read the article »

EU Morning Report – Gold surges, equities fall as risk aversion picks up!

Here are the latest Financial News: Gold surges, equities fall as risk aversion picks up! Markets yesterday traded with caution once again with the US equity markets finishing the session below -1.15% and gold approached last month’s record highs to $1245. The VIX, a gauge of fear, traded above... Read the article »

Daily Outlook – EUR/USD Hits Year Lows

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 2nd June (00:30 GMT) U.S. Dollar Trading (USD) Stock markets rallied aggressively in the US session after a poor lead from Europe on better than expected ISM manufacturing in May which fell to 59.7 vs. 60.4 previously. Also strong,... Read the article »

EU Morning Report – Consumer confidence surprises the market coming at 57.7!

Here are the latest Financial News: Consumer confidence surprises the market coming at 57.7! Markets yesterday were of the V variety across the board. Equity markets along with risk currencies started the day with eerie risk aversion building momentum as fears from the Spanish banking sector continued... Read the article »

Special Report-Growing threat of intervention

Here are the latest Financial News: After plunging to a four year low versus the USD in reaction to report Germany has temporarily banned naked short sales of government bonds and default swaps the EUR posted a sharp short covering rebound in US trading session Wednesday. The ban on naked short selling... Read the article »