Forex Daily Market Commentary

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Risk sentiment continues to find support as figures out of the US yesterday suggested some of the recent economic fears could prove overblown,...


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  • Iran Central Bank Reportedly Raises Interest Rates

    The Central Bank of the Islamic Republic of Iran is reported to have decided to raise interest rates to stabilize its gold and...

  • Forex Fundamental Analysis 15-6-2009 | Financial 24

    Forex Fundamental Analysis Euro-€ The euro moved sharply lowervis-à-vis the US dollar today as the single currency tested offers around the US$ 1.3755 level and was capped around the $1.4000 . Financial 24 | Financial News -...

  • Labour facing disastrous election results

    The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...

  • CORRECTED-(OFFICIAL)-Crown Forex bankrupt, others at risk-FINMA

    (In May 29 story headlined "Swiss Crown Forex bankrupt, others may follow", corrects headline to add source and corrects first paragraph to source to the ... See all stories on this...

  • Nikkei expected to open 1% higher

    Japanese markets will open in around 15 minutes. The Nikkei should benefit from the overseas leads and the weaker JPY against the greenback. There was talk during the NY session of possible option protection ahead of 99.00 in USD/JPY but I have heard no confirmation of this as of...