ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
British Pound ContinuedTitle:
Lack of Greek Deal Sends EUR Tumbling
The euro was largely bearish yesterday, after Greece once again failed to come to an agreement with its creditors to restructure its debt. Losses were seen against most of its main currency rivals, including the US dollar, Japanese yen and British pound. Today, in addition to any euro-zone developments that may occur, traders will want to pay attention to a speech from the US Fed Chairman at 15:00 GMT. Any positive statements could help the USD extend its recent bullish trend.
Economic News
...
Title:
Central bank liquidity tap to stay open
After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money.
They will also be closely watching negotiations over a second bailout deal for Greece, while Chinese data on trade and inflation and a heavy week of corporate earnings all lie ahead.
Investors are having to adjust quickly to signs that global economic growth, ...
Title:
Dollar Rebounds As Traders Seek Lower Yields
Another trading session wrapped with mixed sentiments and mostly downbeat economic data from across the globe, driving traders to seek less-riskier assets and havens. Stocks wavered on Tuesday, the euro fell, while dollar rebounded, as traders continued to track progress made in Greek debt-swap talks with bondholders.
The dollar trimmed losses against its peers in early trading, after a governmental report showed that business activity in the Chicago-area unexpectedly cooled, and consumer ...
Title:
Dukascopy Afternoon Forex Overview : 30/01/2012
Dukascopy Fundamental Analysis
EUR
France's President Sarkozy claimed the Euro area financial turmoil is stabilizing due the measures applied by European officials. According to Sarkozy Euro region is not at the edge of collapse any more. French President's comments came a day before the first EU summit this year where lawmakers are expected to put end notes on fiscal discipline measures and finalize the statutes of bailout fund.
USD
Consumer spending was neutral in December, indicating that ...
Title:
Greek-Creditors Talks and European Debt Crisis Grab Attention
Greek-Creditors Talks and European Debt Crisis Grab Attention; U.K. May Be Heading into another Recession
Last week, more attention was given to Greek talks with private-sector creditors over the size of losses to be bared by bondholders and the interest rate on new loans, while unlike the previous weeks little attention was given to European auctions.
The sentiment showed improvement on hopes Greek negotiations would end with an agreement while more bullishness was seen after the Fed has ...
Title:
Dukascopy Morning Forex Overview : 27/01/2012
Fundamental Analysis
EUR
"The cost of postponing a solution is extremely high for Europe, but especially for the future of the euro"
- Giovanni Bossi, chief executive officer of Banca Ifis SpA
Talks on Greek debt swap resumed on Thursday as European finance ministers pressure private bondholders to take bigger losses on their Greek holdings.
USD
"Improving economic momentum and diminished angst surrounding the financial crisis has encouraged businesses to take on more risk"
- Richard ...
Title:
Dukascopy Afternoon Forex Overview : 24/01/2012
Fundamental Analysis
EUR
France's private business activity eased up in January, reflecting the first increase in the four consecutive months. The Markit Flash France Composite Output Index approached 50.9 in January from 50.0 last month. The increase was mainly based on the rapid expansion of the service sector that achieved 51.7 from 50.5 last month. At the same time, manufacturing sector production declined to 48.5 from 49.2 in December.
USD
US stocks started off on the downside due to ...
Title:
Dukascopy Afternoon Forex Overview : 23/01/2012
Fundamental Analysis
EUR
Germany and France are looking for the ways to relax the worldwide banks' capital rules to limit negative impact on the real economy. Finance ministers of France and Germany are going to call for special treatment for financial institutions that are involved in insurance business. Moreover, ministers will urge essential clauses of the Basel III guidelines on the basic capital requirements. Banks all over the world will be obliged to comply with Basel III requirements ...
Title:
Dukascopy Afternoon Forex Overview : 20/01/2012
Dukascopy Fundamental Analysis
EUR
German court ruled in favor of Apple in the global lawsuit against Apple regarding the technological patents. The court also announced that Samsung will have the opportunity to appelate the court's decision; however, the company has not yet decided Whether the apellation will be submitted.
USD
Stock futures traded neutrally on Friday, as the company results were awatted by investors. GE and Google Inc. were in the spotlight after rather sisappointing bottom ...
|
||||||
