EU Morning Report – Euro steadied ahead of the EU summit

Here are the latest Financial News: Euro steadied ahead of the EU summit The dollar paused its rally on Thursday as US Treasury prices edged higher. On Wednesday, the US dollar rose against a basket of currencies supported by rising US Treasury yields. Jobless Claims and Manufacturing index are expected... Read the article »

EU Morning Report – USD in a trading range as US observes Thanks Giving!

Here are the latest Financial News: USD in a trading range as US observes Thanks Giving! The Dollar Traded quietly during yesterdays US market holiday. The majors traded inside recent ranges with little fresh news to move the markets beyond. Risk aversion took a small break during the day however as... Read the article »

EU Market Report – US Market holiday focus on EU peripheral spreads!

Here are the latest Financial News: US Market holiday focus on EU peripheral spreads! The U.S. Dollar Traded stronger as risk aversion crept back into the market on continual growing unease with some European countries Debt issues. The G20 has failed to produce much as of yet but markets are watching... 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 »

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 »

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 »

Daily Forex Report – USD off lows, retail sales beat expectations

Here are the latest Financial News: USD: Lower, Yellen appointed to the Fed, retail sales post unexpected rise, consumer sentiment dips JPY: Lower, BOJ may double QE, threat of intervention EUR: Higher, Greek debt fears fade, talk of German/French Greek rescue package, industrial output surged GBP:... Read the article »

Daily Forex Report – USD lower, GDP revised higher, existing homes sale drop

Here are the latest Financial News: USD: Lower, pressured by a recovery in global equity markets, Q4 GDP revised up, existing home sales drop JPY: Higher, factory output expands and retail sales jump, Yuan revaluation speculation EUR: Higher, inflation falls, gains in cross to GBP, short covering GBP:... Read the article »