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Forex News – 7th November 2011

EUR The EUR resumed it weakening as traders finally woke up and realized that chaos in Greece may spill into countries, with Italy as the next Financial victim. Elections in Greece ...
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Forex News – 4th November 2011

EUR Greece confidence votw tonight grabs the main focus as well joined by the Non-farm payrolls. The referrendum has beencancelled, which cauused large gains in EUR/USD. Further gains ...
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Forex News – 3rd November 2011

EUR The Greek Referendum is on, scheduled for 04/12/11. G20 meeting commences today with the ECB rate announcement and press conference are today’s highlight. Although the rates ...
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Forex News – 2nd November 2011

EUR The FX traders seem to be living the moment. Last week as a deal was struck to assist Greece EUR gained few big figures against USD and other currencies. Although implanting those ...
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Forex News – 1st November 2011

EUR EUR/USD punched down to a low of $1.3745 as traders started ‘waking up and smelling the coffee.’ Crucial referendum vote in Greece as according to recent polls, 60% ...
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Forex News – 31st October 2011

JPY Japan has finally took action and intervened in USDJPY on their own. The pair has gained close to +400 pips in merely two hours but the strongest gain was seen in GBPJPY where the ...
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Forex News – 27th October 2011

EUR voluntary 50% haircut for Greek debt held by the private sector, EUR106 billion of bank recapitalization and a leveraged EFSF that should take the total close to EUR1 trillion bicycle-kicked ...
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Forex News – 26th October 2011

EUR A lot of excitement ahead of today’s EU Summit. Investors are not convinced of today’s summit’s outcome and pumped their funds into the yellow metal. Gold. Since ...
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Forex News – 25th October 2011

EUR Reported barrier at $1.4000 remains solid at the time of this writing. A break above $1.4000 may encourage further gains, targeting $1.4029 where 100DMA lies. A daily close above ...
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Forex News – 24th October 2011

EUR A strong rally in EUR may soon fade as we approach crucial EU summit this Wednesday. To recap, EUR/USD has rallied in the past 2 weeks over +500 pips as the market’s hopes rose ...
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