EUR / USD Fundamental Analysis Tuesday, 30 June 2009
Tuesday, June 30, 2009 GMT
The U.S. Dollar closed the second quarter with gains against the world’s major currencies. Against the Euro, the Dollar improved to € = $1.4032, despite evidence of historically low inflation within the EU bloc. Similarly, the Dollar was able to shrug off worse than anticipated consumer confidence results.
Read More >
|
|
|
|
GBP / USD Fundamental Analysis Monday 29 June 2009
Tuesday, June 30, 2009 GMT
In early trade, the British Pound reached eight-month highs based on market optimism that an end to the recession will occur sooner rather than later. Positive data concerning prices of home sales and consumer confidence in the UK helped drive the Pound as high as $1.67 before backing off somewhat.
Read More >
|
|
|
|
The USD Had A Sharp Decline but is Bouncing Back
Sunday, June 28, 2009 GMT
The U.S. Dollar declined sharply against major currencies on Friday after a Chinese finance minister was reported to have suggested that China consider alternate benchmark currencies rather than rely on the Dollar for its currency reserves.
Read More >
|
|
|
|
Currency Trading Summary June 24th
Thursday, June 25, 2009 GMT
U.S. Dollar Trading (USD) in a major change of sentiment the market the downside resistance of multiple currencies over a 24 period. USD was the one of the main gainers losing only to the Yen at the end of the day.
Read More >
|
|
|
|
Currency Trading Summary- June 23rd
Tuesday, June 23, 2009 GMT
U.S. Dollar Trading (USD) was unable to gain on the increase in risk aversion as multiple factors weighed. Oil jumped as US inventories dropped by 3.9M. US Current Account continued to worsen -101B vs. -85B forecast. US CPI jumped up 0.1% in May. Crude Oil closes down $0.56 to close the day at $71.03.
Read More >
|
|
|
|
Daily Intermarket Outlook-June 18th
Thursday, June 18, 2009 GMT
The USD saw a strong and sustained sell off in the US trading session today, despite equities ending the day overall flat. Oil made a break to $69 but came back to close at just under $71.
Read More >
|
|
|
|
Daily Intermarket Outlook- June 17th
Tuesday, June 16, 2009 GMT
The markets are at a pivotal junction at this point in time. The confidence in the global recovery plan seems to be waning, taking the positive market sentiment with it. One of the primary causes to this shift in sentiment is the falling interest in foreign countries purchasing US treasuries.
Read More >
|
|
|
|
Daily Intermarket Outlook- June 16
Monday, June 15, 2009 GMT
Today we saw the US equities break beneath the current trading range. However, there was not enough momentum to force the market to continue in this direction, and it still remains above the up trending lows from the upward move that began in the middle of March.
Read More >
|
|
|
|
|
|
Morning Forex Overview-June 9th
Tuesday, June 09, 2009 GMT
The euro fell further against the dollar and the yen in Asia Tuesday as regional stocks declined, prompting hedge funds to keep taking profit on risky currencies including the European unit.
Read More >
|
|
|
|