The 2012 broad risk asset rally is enduring another bout of fatigue as attention returns to the Greek debt negotiations
Rally momentum fades after US GDP data disappoints
Source: www.ft.com
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EUR/USD technicals: trend still bullish
The move from 1.4340 to 1.3800 can be considered a completed retracement and the market is gearing for the next push higher. The subsequent bounce from 1.3800 to 1.4180 has also completed a retracement, 61.8% in this case to 1.3950, and this level is now expected to be the base for the next push...
Safety Position - Short EUR/CHF into the Weekend
The chances of a direct conflict between the US and North Korea are escalating. The US Navy is reportedly following a North...
Daily Forex Tips - June 8th 2009
12:15 GMT – CAD – Housing Starts - Number of new residential buildings which began construction during the previous month. - Released monthly, but in an annualized format. - Figure is forecast to rise from last month to 127K from 118K. - Could have a positive impact on the CAD if forecast is...
This Week’s European Calendar
By TraderVox.com Friday was a remarkable day as far as the Euro’s performance is concerned. The EUR/USD had one of its typical blockbuster...
We used to sell dollars on bad auctions; now we sell dollars on good auctions
Heads I win, tails you lose. That’s the way things are working for the greenback. News is either dollar bearish or it is supportive of the US economy which increases risk assumption, the reflation trade, yada yada… No helping matters are comments from the Fed’s Lockhart who says...