ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
Unemployment Claims FallTitle:
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:
The Week Ahead: Greece Deal and 3 Central Bank Meetings on Tap
The Week Ahead: Greece Deal and 3 Central Bank Meetings on Tap
Another action packed week awaits as we watch and wait for Greece and the troika to sign on the dotted line, and with three central banks (RBA, BoE and ECB) on tap.
US data
The US employment report on Friday was a very interesting one - but not due to the strong headline data. Rather, the internals show a very confusing picture that require a good dose of explanation, with something for both pessimists and optimists to latch onto. ...
Title:
Dukascopy Morning Forex Overview : 06/02/2012
Fundamental Analysis
EUR
"The decline in euro-area December retail sales confirms our view that private consumption is likely to have fallen in the fourth quarter"
- James Ashley, senior European economist at RBC Capital Markets
Euro zone retail sales declined unexpectedly in December, said the European Union's statistics office Eurostat on Friday. Retail sales fell 0.4 per cent from November after declining by the same amount in October.
USD
"The report was much better than expected in ...
Title:
Dukascopy Afternoon Forex Overview : 02/03/2012
Dukascopy Fundamental Analysis
EUR
Royal Dutch Shell announced it plans to invest more to boost production. The company reported it would invest 30 billion US Dollars into the new gas and oil projects in 2012 as compared to 24 billion US Dollars invested in 2011. The move came after the company announced the annual rise in net income by 50% to 28 billion US Dollars in 2011.
USD
US employment surged more than predicted in January while the unemployment level dropped to the lowest reading in ...
Title:
Brent steady above $112 on Iran; U.S. jobs data eyed
Brent crude held above $112 on Friday as reports that Israel could strike Iran in the spring heightened already simmering tensions in the region.
The market was held back by caution ahead of key U.S. jobs data, which with dragging talks on Greek debt saw Asian shares and the euro weaken.
Front-month Brent crude rose 26 cents to $112.33 a barrel by 2:19 a.m. ET, gaining for a fourth consecutive day. U.S. crude increased 6 cents to $96.42 a barrel, reversing five straight sessions of losses.
" ...
Title:
Euro and stocks trade flat on Bernanke, debt crisis
Stocks and the euro traded little changed on Thursday as data signaling improvement in the U.S. labor market and remarks by Federal Reserve Chairman Ben Bernanke that suggested some economic optimism were offset by concerns over Europe's festering debt crisis.
Investors also remained cautious ahead of the U.S. non-farm payrolls and unemployment report for January on Friday, keeping prices in check across financial markets.
Bernanke, in testimony to Congress, said he was seeing signs that some ...
Title:
Brent up, U.S. crude down, premium near 3-month high
Brent prices rose for a third straight day on Thursday and U.S. crude dropped more than 1 percent in heavy trading that saw the price differential between the two contracts widen close to three-month highs.
Brent's premium to U.S. crude futures shot to near $16 a barrel, up more than $2 on the day, marking the biggest three-day rise in the spread since August.
Limp demand and robust supplies in the United States had weighed on the U.S. oil complex, sending front-month crude to a six-week low. ...
Title:
Gold rises to two-month high, eyes U.S. payrolls
Gold rose on Thursday for a third consecutive day on a larger-than-expected fall in new U.S. claims for unemployment benefits, but analysts said bullion could pull back due to an upcoming U.S. jobs report.
Bullion hit a two-month high, reversing initial losses after encouraging jobless claims data pointed to a recovery jobs market, ahead of the closely watched January U.S. nonfarm payrolls report on Friday.
The precious metal has risen nearly 12 percent this year, as gains accelerated after ...
Title:
European shares led to 6-month high by Xstrata, Glencore
European shares hit a fresh six-month closing high on Thursday, after U.S. weekly jobless claims showed the market was improving, while Xstrata (XTA.L) and Glencore (GLEN.L) led the risers on confirmed merger talks.
Gains, however, were capped as the FTSEurofirst 300 index .FTEU3 failed to break a major resistance level as uncertainty grew about Greek debt swap talks needed to avoid a messy default, which could create havoc in the financial markets.
In a reminder of the gravity of the ...
|
||||||
