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17 Jan 2008: Mersch triggers euro correction
Yesterday, EUR/USD faced a serious setback and this time the move didn’t originate from the US, but from the euro-zone. ...
17 Jan 2008: Daily Forex Analyse for the EUR
Yesterday, we noticed an impressive recovery of the USD versus the Cable and the EUR, this progress began after the Federal Reserve report showed the US economy increased at a humble pace at the end of 2007. ...
16 Jan 2008: Asia buckles under U.S. recession speculations
Rumors of an emergency FOMC meeting are still doing the rounds in Asia. ...
16 Jan 2008: Dollar Lifted By A Risk Aversion! Can it last?
Athens - The greenback managed to reverse all of its losses and even make new highs against the euro in an unexpected big move late last night.
What caused this move though wasnt euro weakness as much, but risk aversion and DOW JONES plummeting to new lows. ...
15 Jan 2008: Inflationary releases will run the market this week
EUR/USD reached 1.4900 on expectations that the FED will cut the rates by 50 bsp on next week’s announcement. ...