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. ...Read More
Asia buckles under U.S. recession speculations
Rumors of an emergency FOMC meeting are still doing the rounds in Asia. ...Read More
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. ...
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. ...Read More
GBP-USD has fallen in the last two months and remains bearish. ...Read More
Today offers an excellent test of the big themes in the market: first, the Citigroup earnings report will offer a test of the market sentiment on the continue banking sector fallout and its impact on the risk aversion trade. ...Read More