Archive for the Category ‘Euro’

Speculation of Greek Deal Launches Euro- JPY, USD Heavy on Risk-Flows

Speculation of Greek Deal Launches Euro- JPY, USD Heavy on Risk-Flows

The euro has now cleared critical resistance as concerns regarding a Greek default subside.

US Dollar Edges Down Against European Majors

US Dollar Edges Down Against European Majors

US Dollar Edges Down Against European Majors

Aussie Maintains Gains After RBA Surprise; Euro Finding Support on Greece

Aussie Maintains Gains After RBA Surprise; Euro Finding Support on Greece

The Australian Dollar maintained its gains after the Reserve Bank of Australia bucked market expectations, leaving rates on hold. Meanwhile, the Euro found some support on the Greek debt talks, though the U.S.

Guest Commentary: Gold & Silver Daily Outlook 02.07.2012

Guest Commentary: Gold & Silver Daily Outlook 02.07.2012

Gold and silver started off the second week of February with little changes. The financial community is waiting in anticipation for the results of the Greek negotiations ; these negotiations might affect the direction of the Euro and consequently may also influence precious metals

Technical Outlook for Major Currencies – February 7, 2012

Technical Outlook for Major Currencies – February 7, 2012

Euro still locked in sideways consolidation as markets wait for decision on Greece. A break above 1.3235 or back below 1.3025 will be required for clearer short-term directional bias.

Euro Speculative Shorts Moderate from Record

Euro Speculative Shorts Moderate from Record

Euro speculative shorts have moderated from a record but that changes little regarding the larger trend.

Bank Research Consensus Weekly 02.06.12

Bank Research Consensus Weekly 02.06.12

As we have advocated in the last two editions of Weekly Focus, the arguments for buying the dollar have faded going into 2012. Not as a result of Europe’s debt profile becoming more sustainable but as a result of improved global economic data and a more aggressive easing of monetary policy by the major central banks.

US Dollar Finds Support Early in the Week as Equities Slide- Euro Heavy

US Dollar Finds Support Early in the Week as Equities Slide- Euro Heavy

US Dollar Finds Support Early in the Week as Equities Slide- Euro Heavy

Euro Worst Performer as Greece Tip Toes Around Another Deadline

Euro Worst Performer as Greece Tip Toes Around Another Deadline

The Japanese Yen and U.S. Dollar were the top two performing majors in the overnight as the Greek debt saga took another turn for the worse. The Euro trailed the pack as Greece has backed the Euro-zone into a corner.

Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range

Euro Reversal To Gather Pace Ahead Of ECB, Sterling Holds Tight Range

Market sentiment waned on Monday as Greece struggles to secure a debt deal, and the shift away from risk-taking behavior should gather pace during the North American trade as European policy makers struggle to stem the heightening risk for contagion.