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FX Technical Analysis for July 1 Wk
Key Takeaway ECB Makes or Breaks the EUR rally EUR/USD (Click to enlarge the full view) USD/JPY (Click to enlarge the full view) GBP/USD (Click to enlarge the full view)
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FX: Prepare for Short but Busy Week
Daily FX Market Roundup 06-29-12 FX: Prepare for Short but Busy Week EUR: Making Sense of the EU Summit Announcements GBP: Close Call for BoE Next Week CAD: Stronger than Expected Rise in GDP AUD: …
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Money in Motion – The Euro Trade
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In Plain English: EU Summit
The Europeans did it! Early this morning, European Council President Van Rompuy stepped onto the podium and announced a breakthrough agreement with a clear outline to provide short term support for peripheral countries such as …
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Deal Done – But Is It Enough For EURUSD?
Market Drivers June 29th, 2012 EU Summit leaders reach concrete agreements on bank recapitalization and supervision sparking a rally German Retail sales slide, french a bit better Nikkei up 1.50% Europe up 2.31% Oil at …
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EU Summit Sends Risk FX Soaring
Risk currencies soared in Asian session today as EU summit produced an agreement amongst members to recapitalize the banks directly via ESM while making the ECB the central banking supervisor for the region. Given the …
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EUR: Hope for Short Term EU Help
Daily FX Market Roundup / Asia Preview 06-28-12 EUR – Riding on the Hope for Short Term Solutions USD: Q1 Growth Still Exceeds Other Nations GBP: Three Out of Four Quarters of Negative Growth NZD: …
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EUR: What to Expect When Expectations Are Low
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 …
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All Eyes on EU Summit
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: …
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EUR Tumbles As Summit Starts
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 …