German Business Climate Losing Support
October 12, 2011 4:47 pm by Greg HoldenTwo reports delivered in daily succession have shown the business climate of Germany to be in deep decline this month. Yesterday’s reports showed a deep plunge in economic sentiment and today’s reports are expected to give credibility to those findings.
Dollar Declining as FX Markets Look Past Greek Debt Crisis
May 30, 2011 12:54 pm by Russell GlaserGreece remains the key question going forward though towards the end of last week the debt crisis was beginning to weaken its impact on the FX markets and the euro.
Euro Gains on Chinese Interest while Gold Falls $10
May 26, 2011 1:22 pm by Russell GlaserThe FX markets have calmed following the sharp price moves seen in the Asian session as traders await US economic data later. The euro and equities are higher spurred by Chinese interest in Portuguese bailout debt and dollar block currencies. ...
Sterling and Spot Silver Make Gains
May 25, 2011 1:16 pm by Russell GlaserA drop off in risk overnight fueled by rumors of a crack election in Greece faded as the day went on but the euro continues to trade lower. Sterling was bid this morning as was spot silver with markets awaiting ...
Weekly Fundamental Forex Preview – European Debt Crisis Comes to Head
May 20, 2011 3:56 pm by Russell GlaserWeekend risk is back on the table as Spain returns to the headlines.
Euro Declines at Technical Level after Current Account Data
May 20, 2011 1:29 pm by Russell GlaserEU current account data combined with the EUR/USD reaching a key technical level led to the euro being sold during Friday’s European trading session.
UK Unemployment Claims Unexpectedly Rise as Sterling Slides versus the Euro
May 18, 2011 11:05 am by Russell GlaserSterling is lower after an unexpected jump in UK unemployment claims while the unemployment rate surprisingly declined. As expected, meeting minutes from the Bank of England’s latest policy meeting showed the MPC is determined to hold interest rates at ultra-low ...
German GDP Supports Euro while Sterling Struggles
May 13, 2011 1:12 pm by Russell GlaserOn the back of stronger than expected German GDP data the euro found support as did commodities and European Equities prior to the US CPI release.
Commodities Move Sharply Lower on Euro Decline
May 5, 2011 8:53 pm by Russell GlaserThe euro is in a free fall versus the dollar following a speech by ECB President that was absent of the typical wording to prepare markets for an interest rate hike. The pause in ECB tightening fed into risk aversion ...
Euro Showing Signs of Weakness, Pound Tumbles
May 3, 2011 1:34 pm by Russell GlaserThe failure of the EUR/USD to advance above the 1.4900 level is beginning to slow momentum traders and profit taking in the pair has ensued. Versus the pound the euro is higher after weaker than expected UK manufacturing data. The ...
