ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
Europe Is The Minimum BidTitle:
Optimism mixed with cautious trading as the Greek situation remains uncertain
Optimism mixed with uncertainty in the market, where we can see the euro is fluctuating within narrow levels; however, European stocks were able to record gains and now European markets depends on any improvement in the Greek-debt talks with creditors and also as the Greek Premier meets the leaders of the Greek political parties, discussing the terms required by international lenders to obtain the second bailout funds.
Time is running out and now markets are very focused on the Greek financial ...
Title:
Risk Rebound May Not Last Long
The Week Ahead
Highlights
Risk rebound may not last long
FOMC set to disappoint on QE3
SNB re-affirms EUR/CHF floor
Risk rebound may not last long
Risk sentiment stabilized in the past week as several European debt auctions saw lower borrowing rates and solid demand. Stocks took heart and rallied, while the USD lost ground and the beleaguered EUR recovered as extreme short-positions were unwound. Sentiment was also buoyed on the prospects for a final resolution on the Greek ...
Title:
Euro Jumps as ECB Sees Stabilization
The euro climbed today, erasing its yesterday’s losses versus the US dollar and the Japanese yen, after the European Central Bank left the main interest rate unchanged and ECB President said he sees signs that the European economy is stabilizing.
Europe’s central bank kept its minimum bid rate at 1.0 percent as was expected by economists. Mario Draghi, President of the ECB, said at the press-conference after the decision:
As expected, ongoing financial market tensions continue to dampen ...
Title:
EUR Once Again Bearish Ahead of Debt Auctions
Ahead of a key European interest rate announcement scheduled for later today, the EUR once again has turned bearish following comments from a from a leading credit agency which highlighted just how vulnerable the currency is. With Spanish and Italian debt auctions scheduled to close out the week, traders can count on heavy volatility throughout the day today.
Economic News
USD - Return to Safe-Havens Turns USD Bullish
The US dollar recouped many of its losses from earlier in the week ...
Title:
Dukascopy Afternoon Forex Overview : 11/01/2012
Fundamental Analysis
EUR
Spain's industrial output tumbled in November, declining the most in the last two years. The fourth-largest economy in the EU signaled contraction even before the government started to implement the austerity measures. Adjusted industrial output lost 7% in November on a yearly basis, reported the National Statistics Institute in Madrid.
USD
Mitt Romney paved his position as the main Republican presidential candidate yesterday after he won in the New Hampshire. ...
Title:
SunBirdFX Daily Market Analysis : 01/09/2012
www.sunbirdfx.com
The US stock market opened the year on the green territory as the major indices rose 1.7% during the week. The S&P 500 is approaching the resistance at 1300 points and NASDAQ is heading towards 2400 points. A break-up of these important resistances might help the indices to rise up to the 52-weeks highs.
The most important and encouraging event during last week was the Non-farm payroll change data that showed an increase of 200K jobs in the US economy, whereas the ...
Title:
Euro holds breath before ECB, EU meetings
(Reuters) - The euro struggled to make much headway in Asia on Thursday and consolidated further ahead of an expected European Central Bank interest rate cut and a crucial EU leader summit that is to address the euro zone's two-year-old debt crisis.
The euro hovered at $1.3401, roughly in the middle of its tight $1.3332-3486 range from the past week. It nudged as high as $1.3428 after the Nikkei business daily said the G20 was preparing a $600 billion lending facility for the IMF to help Europe, ...
Title:
Dukascopy Afternoon Forex Overview : 22/11/2011
Fundamental Analysis
EUR
Spain's Treasury sold 3 billion euros of three and six-month bills today despite essentially increased yields after Sunday's elections. The Treasury bills sold for 2.1 billion euros generate yield of 5.22%, while the same bills sold less than a month ago produced only 2.35% yield. The current sale has bid-to-cover ratio of 4.94% as compared to October's sale ratio of 2.59%.
USD
Treasury prices slightly increased while the dollar suffered losses after the US ...
Title:
Rand Jumps After ECB Cut Rates
The South African rand climbed today after the European Central Bank made an unexpected move by reducing its main interest rate.
The first monetary policy meeting of the European Central Bank under leadership of the new President Mario_Draghi provided a surprise as the key minimum bid rate was reduced by 25 basis points to 1.25 percent. The rand reacted positively to the news as lower interest rates reduces pressure on the frail economy of the European Union and makes currency of emerging ...
|
||||||
