Analitics
Gold – Broke below long-term trendline support…
Gold finally broke below long-term trendline support around $1527 earlier today (connect January, March, May & June 2011 lows), which is something I’ve been waiting for patiently over the past few weeks.
Source: Forex.com
24.06.2011
Is this a turning point for the dollar?
Ben Bernanke’s second ever press conference seemed to rule out almost entirely the prospect of further policy stimulus even as the US economy is going through a soft patch and the unemployment rate has been rising.
Source: Forex.com
23.06.2011
Bernanke faces the press again
Now that the Greek government has passed its first test of the next seven days (it won a confidence vote with a majority of five in the 300-seat Parliament early this morning) the focus shifts to the Federal Reserve and Ben Bernanke’s second ever press conference later today.
Source: Forex.com
22.06.2011
Risk sentiment firms ahead of Greek Confidence Vote
Risk appetite firmed and the dollar was weaker across the board. The Scandies outperformed with USD/NOK and USD/SEK falling by nearly -0.83% and -0.79% respectively
Source: Forex.com
21.06.2011
Greek opposition show support for austerity
The euro has had a fairly volatile morning. Firstly, sentiment towards the single currency took a bit of dive after the release of a statement by Eurozone Finance Ministers after their emergency meeting on Sunday evening about Greece.
Source: Forex.com
20.06.2011
USD at a critical juncture
‘Risk off’ seems to have gained a considerable edge in the seemingly perpetual ‘risk’ tug of war – UST yields are sharply lower, commodities ended down across the board, and U.S. equities extended their respective downtrends.
Source: Forex.com
16.06.2011
European Finance Ministers might be running out of time
The emergency meeting of Finance Ministers called for last night ended up yielding nothing of note except for another exceptional meeting on June 19th – the night before the regular monthly finance ministers’ meeting.
Source: Forex.com
15.06.2011
: Risk rallies following China data, US retail sales
The rally in risk sentiment which was seen following positive China data overnight was extended during the NY session as U.S. retail sales came in better than expected.
Source: Forex.com
14.06.2011
A sloppy end to the week for risk
So Trichet may have signalled a rate hike next month, but investors weren’t persuaded this was the start of an aggressive tightening cycle so the euro has continued to sell off this morning.
Source: Forex.com
10.06.2011
Markets wait for Trichet
The market will be all ears for the phrase “strong vigilance” during the ECB President’s press conference later this afternoon. The market expects the ECB to remain on hold, but for Trichet to signal a rate hike next month.
Source: Forex.com
09.06.2011
Go to page:
Currency Charts