ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
Parity Just GotTitle:
Dukascopy Morning Forex Overview : 24/01/2012
Fundamental Analysis
EUR
"The world needs a strong leadership role from Germany today, and it is Germany’s core interest to provide such a role"
- Christine Lagarde, IMF managing director
International Monetary Fund managing director Christine Lagarde warned on Monday that the global economy could slide into a “1930s moment” if Europe does not solve its fiscal problems, and said Europe’s largest economy must contribute more money to avert financial collapse.
USD
"It’s been a brisk run in ...
Title:
Dukascopy Morning Forex Overview : 23/01/2012
Fundamental Analysis
EUR
" orderly default in the short term is the most likely scenario"
- Marc Ostwald, senior strategist at Monument Securities
The euro zone’s debt crisis will remain unresolved, even if Greece defaults in the forthcoming months, believes Marc Ostwald, senior strategist at Monument Securities.
USD
"We’re starting to see improvement in some of the key leading housing indicators"
- Carl Riccadonna, a senior U.S. economist at Deutsche Bank Securities Inc.
Sales of existing U. ...
Title:
Dukascopy Morning Forex Overview : 20/01/2012
Fundamental Analysis
EUR
"Spain is showing the market there’s ample demand for their paper"
- Padhraic Garvey, head of developed markets debt strategy at ING Bank NV
France and Spain, both downgraded by Standard & Poor’s last week, paid lower borrowing costs on Thursday, compared to their previous auctions, a sign the ECB’s refinancing operation alleviated market concern over the Europe’s debt crisis.
USD
"You’ve got a gradual improvement in the labor market"
- Brian Jones, a senior U.S. ...
Title:
Dukascopy Afternoon Forex Overview : 19/01/2012
Dukascopy Fundamental Analysis
EUR
Germany lessened its GDP growth prediction for 2012 from 1% to 0.7%, said Philipp Roesler, German Economics Minister, in statement yesterday. Roesler suggested that the German economy may slow down in the first months of 2012 but strengthen later fuelled by increase in employment, and stronger growth. Domestic consumption is predicted to surge 1.1% this year compared to 2.2% in 2011.
USD
Kodak announced that the company and its subsidies located in the US ...
Title:
Brent oil up, IMF talk supports risk appetite
(Reuters) - Oil gained on Wednesday as demand-sensitive assets got a boost from talk the IMF may do more to help resolve the European debt crisis, helping to temper worry about the outcome of crucial Greek debt restructuring.
Front-month Brent crude was 32 cents higher at $111.85 a barrel by 1214 GMT, after touching an intraday peak of
$112.20. U.S. oil gained 46 cents $101.17 a barrel.
Brent futures hovered in backwardation, just above parity, as prompt oil was priced comparably to forward ...
Title:
Euro hits 2-month low on euro zone debt fears
(Reuters) - The euro plumbed two-month lows in Asia on Tuesday while the Australian dollar sank closer to parity as rising disappointment over the European Union's summit prompted investors to position for possible downgrades of euro zone sovereign credit ratings.
Rating agencies warned on Monday that last week's EU summit, viewed by some as a last chance to save the euro, did not go far enough in easing immediate concerns about the region's debt markets.
The euro fell as low as $1.3160, but ...
Title:
Weekly Economic and Financial Commentary : 02/12/2011
Weekly Economic and Financial Commentary : 02/12/2011
U.S. Review
Moderate Improvement in Economic Data
The November employment report showed a big drop in the unemployment rate. However, the overall pace of job growth remains constrained.
Housing market data this week indicated that new home sales rose modestly in October, while home prices continued their downward trajectory.
The latest read on manufacturing sentiment from the ISM-manufacturing survey indicated that output ...
Title:
The Weekly Bottom Line : 28/10/2011
The Weekly Bottom Line : 28/10/2011
HIGHLIGHTS OF THE WEEK
United States
Policymakers in Europe met this week to hammer out a three point plan to save the euro zone. The plan includes a 50% voluntary write down of Greek debt, a strategy to recapitalize the European banking system, and a plan to optimize the use of the existing bailout fund (the EFSF) to safeguard the debt of other vulnerable sovereigns.
The plan is a step in the right direction, but its success will depend on a number ...
Title:
The Weekly Bottom Line : 23/09/2011
The Weekly Bottom Line : 23/09/2011
HIGHLIGHTS OF THE WEEK
United States
A deterioration of the global economic growth outlook caused a worldwide sell-off in equities. U.S. Treasury yields are down sharply, and the U.S. dollar appreciated in tandem.
The Federal Reserve announced additional policy actions to stimulate the faltering U.S. economy.
Recent developments suggest the downside risks we highlighted in our latest quarterly economic forecast have intensified.
Canada
...
|
||||||
