ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
Dollar Under PressureTitle:
Papademos to hold talks with political leaders amid concerns
Greek Prime Minister Lucas Papademos will hold a meeting with three of political party leaders today after postponing it yesterday for the second time as the government and international creditors disputed over the clauses demanded to secure a second bailout worth 130 billion euros announced in October.
Papademos, instead, conducted unscheduled talks yesterday with the so-called troika on details of the spending cuts needed to become eligible for receiving the aid package.
The Greek Prime ...
Title:
Asian shares gain, euro steadies as Greek talks in final stage
(Reuters) - Asian shares hit their highest level in more than five months on Wednesday and the euro hovered close to an 8-week high as investors kept hopes alive for an agreement on details of a new Greek bailout package despite further delays.
Financial spreadbetters expected Britain's FTSE 100, Germany's DAX and France's CAC-40 to open about 0.2-0.3 percent higher.
MSCI's broadest index of Asia Pacific shares outside Japan, after a slow start, rose 0.9 percent to its highest in more than ...
Title:
Euro leaps to eight-week peak vs dollar on Greece deal optimism
(Reuters) - The euro rallied across the board on Tuesday, hitting an eight-week high against the dollar on optimism that Greece is about to agree on a bailout deal that will enable it to avoid a messy default.
A Greek official's statement suggested that the Greek government has completed negotiations with lenders on its 130 billion-euro rescue package, although agreeing to the painful austerity measures that come with the bailout could be a challenge.
Greek political leaders had balked at the ...
Title:
Free Daily Price Action Forex Trading Strategies & System
The Forex: Gold Rises As Fed Extends Its Plan To Keep Interest Rates Low
THE FOREX
In the forex market, American dollar gained again the euro after mixed economic data. According to Commerce Department data, bookings for long-lasting goods advanced 3% after rising 4.3% the prior month, this is the biggest back-to-back gains in almost a year. Figures from the Commerce Department showed Purchases of single-family properties decreased 2.2% from the prior month to a 307,000 annual pace. Latest ...
Title:
Gold eases towards $1,710/oz
(Reuters) - Gold prices eased towards $1,710 an ounce on Tuesday in line with a softening euro as traders awaited a breakthrough on talks over a second bailout deal for Greece, with its leaders fighting to avoid a chaotic debt default.
Spot gold eased 0.4 percent to $1,712.79 an ounce at 1210 GMT (7:10 a.m. EST), while U.S. gold futures for February delivery were down $10.20 at $1,714.70.
While a retreat in stock markets and the euro kept gold under pressure on Tuesday, the precious metal ...
Title:
Brent hits 6-month high over $116 on Iran, cold
(Reuters) - Brent crude oil rose above $116 per barrel to a six-month high on Tuesday as threats from Iran to ban exports to some European states stoked supply concerns, overshadowing fears that Greece's debt crisis was worsening.
Brent's premium to U.S. crude oil stayed around $19 a barrel, near its highest since November, as a severe wintry weather spread across Europe and as simmering tensions between the West and Iran escalated. But Greece's wrangling over a bailout fund helped cap those ...
Title:
Dukascopy Morning Forex Overview : 07/02/2012
Fundamental Analysis
EUR
"There is at least still sufficient demand for goods ‘made in Germany’ to keep the industrial engine running in 2012"
- Carsten Brzeski, senior economist at ING Group
German factory orders increased more than expected in December as demand from overseas helped the euro zone’s largest economy to weather the debt crisis. Orders rose 1.7 per cent, after declining 4.9 per cent in November, said the Economy Ministry on Monday.
USD
"You wonder when people are going to look ...
Title:
Europe Ahead: Papademos talks with political leaders and troika grab attention
Greece remains under the spotlight on concerns political leaders may not reach consensus regarding the further spending cuts needed to receive a second bailout worth 130 billion euros announced in October, thus tumbling into default as early as March as the government has to repay 14.5 billion euros of debt maturing.
Greek Prime Minister Lucas Papademos managed to reach a tentative agreement with three of political party leaders after talks over the weekend.
Yesterday, Papademos and political ...
Title:
Brent steady near $116 on cold snap, Iran sanctions
(Reuters) - Brent futures held steady near $116 on Tuesday, after settling at a six-month high in the previous session, due to a cold spell in Europe and supply concerns from the Middle East, while fears Europe's debt crisis was worsening weighed on the market.
Brent's premium to U.S. oil stayed around $19 a barrel, near its highest since November, due to the weather and as the United States further tightening sanctions against Iran, stoking already simmering tensions in the region. But Greece' ...
|
||||||
