Market Review 23.5.12
May 23, 2012 9:35 am by Dan EduardFears of a Greek exit from the euro-zone brought the EUR/USD within range of a four-month low yesterday. Facebook dropped another $2 a share during overnight trading while crude oil is trading below $91 a barrel.
Dollar Sees Gains across the Board
May 23, 2012 7:11 am by Dan EduardThe US dollar moved up vs. virtually all of its main currency rivals yesterday, following negative data out of the UK and Japan which caused investors to shift their funds to the greenback.
Manufacturing Data Could Result in Dollar Gains Tomorrow
May 16, 2012 8:21 pm by Dan EduardThe dollar was able to benefit yet again from risk aversion in the marketplace today, as worries about the Greek political situation caused investors to abandon higher yielding assets.
Market Review 15.5.12
May 15, 2012 11:15 am by Dan EduardThe euro dropped to a fresh four-month low in overnight trading as investors remain concerned about Greece’s prospects for staying in the euro-zone. The US dollar saw a slight upward correction against the yen, but was unable to advance ...
Market Review 14.5.12
May 14, 2012 10:45 am by Dan EduardThe euro fell to a four-month low against the USD in overnight trading following news that Greek politicians have once again failed to form a new government. Investors are concerned about the possibility of Greece exiting the euro-zone. ...
Market Review 11.05.12
May 11, 2012 9:05 am by Dan EduardThe euro fell to a fresh 3 ½ month low against the US dollar in overnight trading as political uncertainty in Greece continues to weigh down on the common currency. In addition, crude oil reversed its gains from yesterday ...
Market Review 10.5.12
May 10, 2012 10:10 am by Dan EduardThe euro remained near a three-month low against the US dollar and JPY in overnight trading as investors await news regarding a possible new Greek election in the next few weeks.
Market Review 9.5.12
May 9, 2012 9:38 am by Dan EduardRiskier currencies and commodities fell once again during Asian trading, as investors continue to react to Greek and French elections held last weekend. The EUR/USD dropped as low as 1.2964, close to a three-month low. Crude oil fell ...
Market Review 8.5.12
May 8, 2012 9:12 am by Dan EduardThe EUR/USD and USD/JPY once again turned bearish during overnight trading as uncertainty regarding Greece’s new parliament led to additional risk aversion in the marketplace. Commodities and precious metals were also down during the Asian session. Crude has ...
Market Review 7.5.12
May 7, 2012 8:21 am by Dan EduardThe euro sank to a three-month low against the US dollar during overnight trading as investors continue to digest the results of yesterday’s elections in France and Greece. Crude oil extended its bearish trend as well, dropping over $2 a ...
