News

17 Sty 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. ...

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16 Sty 2008

Asia buckles under U.S. recession speculations

Rumors of an emergency FOMC meeting are still doing the rounds in Asia. ...

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16 Sty 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. ...

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15 Sty 2008

Market Comments

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. ...

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15 Sty 2008

GBP-USD

GBP-USD has fallen in the last two months and remains bearish. ...

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15 Sty 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. ...

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