Eur/Usd

Source: www.forexlive.com

Whomever is trying to keep the eur/usd down may as well give up! It is 1.47 bound and more!


Read more...

  • Nationwide Aug house price index much stronger than expected

    UK Nationwide house price index for August has come in at +1.6% m/m, -2.7% y/y, demonstrably stronger than the median forecasts of +0.5%, -3.9% respectively. Cable had moved from 1.6215 to 1.6235 just ahead of the release (did someone know what they were going to be?), and is presently little...

  • EUR/CHF Daily Outlook

    Daily Pivots: (S1) 1.5072; (P) 1.5098; (R1) 1.5116; Further decline in EUR/CHF cannot be ruled out but after all, price actions from 1.5380 are treated as corrective in nature. Hence, downside should be contained above 1.5007 low and bring strong rebound. Nevertheless, break of 1.5231 resistance is...

  • Analyst Moves: MUR, PCS

    Murphy Oil (MUR) was downgraded today by Deutsche Bank (DB) from buy to hold with a price target of $64, as the earnings will likely be hurt by...

  • Irish PM survives confidence vote

    First Gordon Brown survived the worst week of his political life and now the PM of the struggling Republic of Ireland has survived a confidence vote. With Ireland in financial disarray, wide politicians will wait on the sidelines rather than trying to catch a falling knife. EUR/USD is consolidating...

  • Tuesday 3/6 Insider Buying Report: VRX, RYN

    As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money....