Source: ForexYard While the Greek drama took perhaps its most interesting turn yet this past week with Greek Prime Minister George Papandreou’s...
Weekly FX Fundamental Preview – Italy is the Key
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AUDUSD’s bounce extended to 0.8992 level
Written by ForexCycle.com AUDUSD’s bounce from 0.8734 extended further to as high as 0.8992 level. Support is now located at the rising...
The Secret Aussie ‘Bank Run’ is a Sign to Buy Gold
By MoneyMorning.com.au Ratings agency, Standard & Poor’s this week downgraded the big four Aussie banks. How did the markets react?...
BOE’s Tucker: Medium term economic outlook highly uncertain
Bank of England Deputy Governor Paul Tucker feels, that while surveys have pointed to some improvement in the economy, the outlook remains highly uncertain and may not clear until late autumn. The official says the market is right to assume the BOE would tighten monetary policy when the inflation...
The Dollar Gains against the Euro before ECB Policy Decision
By TraderVox.com The US dollar gained from a two-month low against the Euro, after the announcement Greek Prime Minister that they may be...
AUD/USD firming; China notable buyer
AUD/USD is making good ground early, presently up at .8090 from around .8045. Aussie is benefitting from decent risk appetite, firming commodity prices, and the overnight release of impressive consumer confidence data. Sources report China has been an aggressive buyer of the pairing. Technical...