Daily Outlook – Currencies Range Trading
Written by admin on December 9, 2010 · Filed Under Financial News
Here are the latest Financial News: U.S. Dollar Trading (USD) with little movement seen in the markets overnight the Dollar finished roughly where it began against most pairs. Weekly Jobless Claims were strong at 421k vs. 435k forecast. In US stocks, DJIA -2 points closing at 11370, S&P +4 points... Read the article »
EU Morning Report – USD in a trading range as US observes Thanks Giving!
Written by admin on November 26, 2010 · Filed Under Financial News
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 »
Daily Outlook – Markets Rally on Bailout Optimism
Written by admin on November 20, 2010 · Filed Under Financial News
Here are the latest Financial News: U.S. Dollar Trading (USD) a very large successful GM IPO and positive developments regarding the Irish EU/IMF Bailout. The Mood change began in Asia with stocks then beginning a 24hour global stock market rally. November Philadelphia Fed jumped to 22 vs. 5 forecast.... Read the article »
EU Market Report – US Market holiday focus on EU peripheral spreads!
Written by admin on November 13, 2010 · Filed Under Financial News
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 »
Weekly Outlook — Dollar Under Heavy Selling Pressure
Written by admin on September 28, 2010 · Filed Under Financial News
Here are the latest Financial News: Last week’s currency trading review The Dollar was sold aggressively after the FOMC statement suggested the US Central Banks was considering expanding unconventional easing measures if the US economy weakens further. Stock markets reacted very positively and... Read the article »
EU Morning Report – Renewed fears hit Eurozone economies!
Written by admin on August 13, 2010 · Filed Under Financial News
Here are the latest Financial News: The Dollar traded weaker overnight giving up most of yesterday’s gains as Asian equities rebounded. However with US stocks remaining under pressure and Euro Zone peripheral risks resurfacing the Dollar may resume its strength across the board as safe haven appetite... Read the article »
EU Morning Report – USD Under Pressure, Euro Tests 1.3100
Written by admin on July 31, 2010 · Filed Under Financial News
Here are the latest Financial News: EU Morning Report – USD Under Pressure, Euro Tests 1.3100 The Euro (EUR) was strong in Europe pushing to month highs above 1.3100. The German Unemployment Rate fell to 7.6% in July with a drop of 20k unemployed. The market stalled above 1.3100 and when stocks... Read the article »
EU Morning Report- ECB and BoE leave interest rates unchanged!
Written by admin on July 11, 2010 · Filed Under Financial News
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 »
Daily Forex Outlook – Pound Skids to 10 Month Low
Written by admin on March 1, 2010 · Filed Under Financial News
Here are the latest Financial News: Pound Skids to 10 Month Low CURRENCY TRADING SUMMARY – 2nd March (00:30GMT) U.S. Dollar Trading (USD) had a mixed day with strength against the Pound and Euro not being replicated against risk currencies such as CAD and AUD which tracked stock markets higher.... Read the article »
