Financial Markets - Currencies
EUROPEFinancial Markets - Currencies
FOREX: Euro May Not Rise On Greek Accord, Pound Braces For More QE
By Ilya Spivak, Currency Strategist Talking Points Overnight Price Action Hints Traders Bet Greek Bailout Deal to be Reached Euro May Struggle to Find Support if ECB Dithers on Boosting Bank Defenses British Pound Threatened with Bank of England Likely to Expand QE Efforts ... Read More | View Original Article
3 numbers to watch:EZ Confidence,Richmond Fed,Existing Home Sales
We step it up a notch in terms of economic data today after a couple of days dominated by political posturing. Reports on CPI, manufacturing, consumer confidence and the house market give us plenty to look out for. Read More | View Original Article
Asian Trading Today: EUR clings onto higher levels; JPY selling
Asia found the EUR back higher at the open his morning after a few heart-stopping moments for newly-found bullish sentiment. Ranges were tight again in a session devoid of data inputs. There was mild cross-JPY selling out of Japan. Read More | View Original Article
Technical Outlook for Major Currencies - May 22, 2012
Although we see room now for the Euro to extend towards previous support now turned resistance by 1.3000, we prefer to stay sidelined and will look to sell into a test of the psychological barrier. Read More | View Original Article
Most traders in the FX Market focus on only a few of the pairings available to them. In this series, we're taking a closer look at these pairs, and how traders might be able to best approach them. Read More | View Original Article
Dollar Run May Collapse without Market-Wide Fear Mongering
Following two weeks of impressive climb, the Dow Jones FXCM Dollar Index is finally taking a breather. Yet, this pause can prove more painful for the dollar and productive for risk-based assets than the recent reduction in volatility would suggest. Read More | View Original Article
Dollar Run May Collapse without Market-Wide Fear Mongering
Following two weeks of impressive climb, the Dow Jones FXCM Dollar Index is finally taking a breather. Yet, this pause can prove more painful for the dollar and productive for risk-based assets than the recent reduction in volatility would suggest. Read More | View Original Article
Dollar Run May Collapse Without Market-Wide Fear Mongering
By John Kicklighter, Sr. Read More | View Original Article
Euro Firm Ahead of EU Summit, Tackles Resistance
The euro held firm on Tuesday as market players reduced their bets against it, taking note of the chances that Wednesday's informal meeting of European leaders may produce measures to bolster investor confidence in the currency zone. Read More | View Original Article
Pan-Europe Bond Will Cause Further Delay in Europe Solution: Economist
Michael Spencer, Chief Economist, Asia Pacific and Co-Head, Global Economics, Deutsche Bank thinks a pan-Europe bond will only incentivize European governments to further delay the structural changes needed to get out of its debt crisis. Read More | View Original Article
US Dollar Showing Clear Reversal Risk, Watch the Newswires
After an exceptional period of risk deleveraging these past two weeks, the pressure for a correction is palpable. Read More | View Original Article
Insight on the comeback rally today and whether you should buy stocks, with Jonathan Golub, UBS; Keith McCullough, Hedgeye Risk Management; and Jim Iuorio, TJM Institutional Services. Read More | View Original Article
David Kotok, Chairman & CIO, Cumberland Advisors says we're unlikely to see QE3 in U.S. but we may see a very large action from the ECB. Read More | View Original Article
AUD remained unimpressive on Friday
Australian Dollar The Australian Dollar remained unimpressive on Friday as risk adverse markets made things difficult for the local unit. An absence of local data meant focus remained on international developments and as a consequence new lows for 2012 were established. Looking to break below 0.9800 at one point, profit-taking helped a move back towards 0.9880 however underperforming US equity markets provided strong headwinds and final positions for the week saw the Aussie at 0.9840. Read More | View Original Article
Greece's ELA is a Change in Monetary Policy
David Kotok, Chairman & CIO, Cumberland Advisors says the expansion of the ELA in Greece is a change in monetary policy in the region. Read More | View Original Article
Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice. Read More | View Original Article
USD to Offer Long Entries Lower as Index Pulls Away from 2012 High
The Dow Jones FXCM Dollar Index closed markedly lower on the session as equity markets took a reprieve from the recent risk sell-off. Here are the levels to watch heading Asia Pacific trade. Read More | View Original Article
USD to Offer Long Entries Lower as Index Pulls Away from 2012 High
The Dow Jones FXCM Dollar Index closed markedly lower on the session as equity markets took a reprieve from the recent risk sell-off. Here are the levels to watch heading Asia Pacific trade. Read More | View Original Article
USD To Offer Long Entries Lower As Index Pulls Away From 2012 High
By Michael Boutros, Currency Strategist The greenback is softer at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR ) off by 0.15% on the session after moving nearly 113% of its daily average true range. The losses come amid a strong rebound in broader risk assets with the Dow and the S&P snapping a six-day losing streak for a gain of 1.09% and 1.60% respectfully. The NASDAQ posted the largest advance with a gain of 2.46% on the session. Read More | View Original Article
Binary Options Weekly Setup May 21-25 2012
This week, starting May 21th, with 18 news events including the U.S. Existing Home Sales and the Swiss Trade Balance. Pay attention to the German Ifo Business Climate on Thursday. 24option, is a respected provider recommended by BOCrunch. Let’s review the events. All times are GMT. New Zealand Inflation Expectations: Published on Tuesday at 04:00 Read More | View Original Article
Commodities Tomorrow: Oil Markets Eye China, Iran & Euro Zone
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow. Read More | View Original Article
Fine Art Stashed in Tax-Free Ports Worries Insurers
The majority of the world’s art that is not on display, either in museums or private residences, is stored in a small number of tax-free ports across the globe, mainly in Switzerland. Read More | View Original Article
Germany cannot stay a haven indefinitely
Germany is getting by while the rest of the eurozone is pummelled by markets, but it will be hit hard whether or not the euro survives Read More | View Original Article
Cameron has forgotten his first political lesson
The ERM crisis arose because the economic facts had changed but the government refused to adjust policy accordingly, writes Philip Stephens Read More | View Original Article
Greece must not follow Argentine example
The single currency was a political and not an economic project. The political beneficiaries should pay to preserve it, writes Mario Blejer Read More | View Original Article
NZD Snaps Six Day Losing Streak- USDJPY Eyes Critical Resistance
Broader risk appetite rebounded early in the week with the greenback mixed in US trade. Key levels in play on the USDJPY andNZDUSD. Read More | View Original Article
NZ Dollar Gains on China Growth Prospects, G8 Summit Keeps Euro Low
The US Dollar slipped overnight but remains well within its overall uptrend as the weekend’s developments prove insufficient to stem ongoing political, economic, and financial crises. Read More | View Original Article
