EUR May See a Much Needed Recovery Today
November 24, 2010 10:02 am by Natalie R.Following a long bearish streak versus the CAD over the past few days, the EUR seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going long on EUR/CAD now.
Crude Oil Approaches $80 a Barrel
December 28, 2009 12:44 pm by Yan PettersNow that Christmas is behind us, and New Years Eve is only at the end of the week, we have plenty of time to end this year with a big smile on our faces. Two thing happened last week that ...
EUR’s Trends to be Set by German ZEW Economic Sentiment
November 10, 2009 3:10 am by Dan EduardThe EUR's trends for the upcoming day are likely to be set by the outcome of the German ZEW Economic Sentiment publication at 10:00 GMT. The forecast is 58.9, versus the 56.9 previous result. A result matching the forecast, or ...
EUR Continues Making Headway from Recovery
September 17, 2009 8:18 am by Anton EljwizatThe EUR strengthened against most of its major currencies yesterday as gains in stocks and commodities prompted investors to wade into riskier currency trades. Another developing trend is the recovery of Crude Oil. Since the Dollar began dropping against the EUR, ...
Crude Oil Drops Close to $5 Since Friday
September 14, 2009 10:16 am by Yan PettersIt is very clear that the most radical trend in the market at the moment is the sliding price of crude oil, which fell from its week high of $72.87 to $68.03.
European Interest Rates and American Employment Data on the Way
September 3, 2009 5:36 am by Greg HoldenToday may be one of the more volatile trading days this month. The Euro-Zone will release its recent decision regarding regional interest rates, and Britain, Australia, and the US will each publish a number of important data regarding trade balances, ...
EUR and Crude Oil Up at Week’s Start
August 24, 2009 11:17 am by Dan EduardThe European currency experienced a very bullish session last week. The EUR gained significantly vs. a number of its most traded currency rivals. This includes the USD, GBP and the JPY. Crude Oil also went through a turbulent, but bullish trading ...