The EU Leaders Summit is underway and at approximately 16:30 local time the President of the European Parliament will deliver a press conference that will be followed by a press conference from European Council President …
Market Drivers June 28th, 2012 Germans pour cold water on EU Summit German joblessness rising for 3rd month in a row Nikkei up 1.65% Europe -0.77% Oil at $79.92/bbl Gold at $1570/oz. Asia and Europe: …
The euro was felled by the double whammy of bearish rhetoric from German officials ahead of the summit and negative employment data, dropping more than 100 points in morning European trade. A German government source …
Daily FX Market Roundup / Asia Preview 06-27-12 Will the EU Summit Crush the Euro? USD: Benefitting from Stronger Data GBP: Hit by Sharp Pullback in Borrowing NZD: Trade Surplus Narrows on Strong Rise in …
It is an exceedingly quiet morning in the foreign exchange market with directionless trading in most of the major currencies. The lack of meaningful economic data has traders counting down the hours to the EU …
Market Drivers June 27th, 2012 Spain and Germany Spar Ahead of EU Summit UK BBA Loans lowest on record Nikkei up 0.77% Europe up 0.28% Oil at $79/bbl Gold at $1567/oz. Asia and Europe: NZD …
Risk FX remained quiet in opening European trade with most major pairs trading in narrow 20 point ranges as markets awaited the EU summit which begins tomorrow. Ahead of the marquee event fiscal officials from …
Daily FX Market Roundup / Asia Preview 06-26-12 More Bad News for the Euro USD: Mixed US Data Does Not Alter Fed Outlook GBP: Shrugs Off Dovish Comments and Weaker Data AUD: Comm Dollars Lifted …