-
Sponsor
-
Recent Posts
- Trade Idea Wrap-up: USD/CHF – Buy at 0.8970
- Weekly Review and Outlook: Risk Recovery Short Lived, Dollar to Extend Rally in a Busy Week ahead
- Trade Idea: EUR/JPY – Sell at 104.50
- EUR/USD Short Term Bear Flag?
- Liquidity Crisis? A Currency Perspective
- GBP/USD Candlesticks and Ichimoku Analysis
- Euro Area: Debt Crisis Set to Continue for Years
- GBP/USD Medium Term Downchannel and the QE Debate
- Trade Idea: USD/CHF – Buy at 0.8710
- Trade Idea: USD/CHF – Buy at 0.8440
-
Tag Cloud
Analysis AUD/USD business Currency currency trading Daily day trading Dollar EUR/GBP EUR/JPY EUR/USD Euro finance foreign exchange forex Forex Articles forex trading GBP/JPY GBPUSD Idea investing investment Level loans make money online Markets MidDay money online business Outlook Report Risk Sell Stocks stock trading Technical Trade trading Update USD/CAD USD/CHF USD/JPY Wave Weekly Wrapup
Report Archive
-
Daily Report: Markets in Tight Range with US on Holiday
Posted on July 6, 2010 | No CommentsMarkets are quietly staying in tight range today. Asian stocks were mixed with little reaction to Friday’s job data from US. Crude oil is staying in tight range above 72 level which gold is hovering around 1210. Dollar index also consolidates between 84 and 85.... -
Mid-Day Report: Euro Extends Rally as NFP Risk Cleared
Posted on July 2, 2010 | No CommentsEuro extends rally against dollar in early US session as non-farm payroll risk is cleared. Job report in US showed -125k contraction in June, worse than but not far from expectation of -110k. Unemployment rate unexpectedly dropped from 9.7% to 9.5% comparing to expectation of... -
Mid-Day Report: Euro Rebounds on ECB Six Days Loan, USD/JPY Broke 88
Posted on July 1, 2010 | No CommentsEuro rebounds strongly today on news that ECB is going to grant 78 banks EUR 111.2b of funds for six days to assist them in coping with expiry of the 12 month loan which totals EUR 442b. The announcement overshadowed downgrade risk of Spain and... -
Daily Report: Yen Retreats as Markets Calmed Down, Consolidations ahead
Posted on July 1, 2010 | No CommentsYen retreats mildly in steady markets and market sentiments stabilized a bit. Asian equities opened lower but recovered on bargain hunting as the session went on. Crude oil stays in tight range below 76 while gold hovers around 1240 level. Dollar index lost momentum ahead... -
Mid-Day Report: Euro Rebounds after Positive ECB Tender But Lost Momentum after Disappointing ADP
Posted on June 30, 2010 | No CommentsEuro recovered strongly earlier today after ECB said that EUR 131.9b loan will be provided to banks in the three-month tender, less than half of markets estimate of EUR 300b. The lower than expected amount was viewed as an encouraging sign that banks in Europe... -
Mid-Day Report: Yen Maintains Gain as Sentiments Weight Down by Worry on China Growth and …
Posted on June 29, 2010 | No CommentsMarket sentiments continue to be weighed down by worry on China growth and Eurozone bank liquidity. European stocks are broadly lower with major indices down over -2% at the time of writing. Japanese yen is the major winner today and rose over 2.54% against Aussie... -
Mid-Day Report: Swissy Franc Makes New Record High against Euro, Quiet Elsewhere
Posted on June 28, 2010 | No CommentsMarkets are generally quiet today except that Swissy Franc is lifted by comments from SNB board member Jean-Pierre Danthine and jumped to new record high against Euro. Danthine echoed recent SNB comments that "deflationary trends have practically disappeared." Also, he said that Swiss exports had... -
Daily Report: Yen Firm ahead of G20
Posted on June 26, 2010 | No CommentsYen remains firm in general ahead of weekend’s G20 meeting in Toronto, Canada. G20 is expected to discuss policies on addressing the European debt crisis, spurring global recovery and overhauling financial regulations. Markets are not expecting any solid agreement on stimulus measures. But there would... -
Mid-Day Report: Markets in Consolidation, Canadian Dollar Weak
Posted on June 25, 2010 | No CommentsMarkets are generally staying in tight range in early US session. US GDP growth for Q1 was revised lower from 3.0% to 2.7% annualized but triggered little reaction to markets. Yuan was the major topic today as it rose to record high just ahead of...