Mon Feb 20, 2012 6:07am EST
Thu Feb 16, 2012 3:53pm EST
<!–TITOL: FX USD/JPY: Risk-on sentiment prevails, USD gaps higher FITITOL–> Despite the US being on holiday today, dealers decided to take no risks and covered USD/JPY shorts. Various factors can be cited including risk-on sentiment on hopes for the settlement of the Greek bail-out issue. China also cut its bank RRR ratio. Aggressive USD/JPY buying [...]
Economic Events: Major Economic Reports due this week. Please refer to the daily reports for explaination and forecast US Markets closed on Monday for Presidents Day Holiday EUR/GBP Weekly Fundamental Analysis February 20-24, 2012, Forecast Historical: Highest: 1.2336 EUR on 29 Jun 2010. Average: 1.1548 EUR over this period. Lowest: 1.0686 EUR on 13 Oct 2009. Rule: [...]
Forexpros – The euro was fractionally higher against the U.S. dollar on Friday, trimming some of the week’s losses as sentiment was lifted by new hopes that euro zone leaders will soon agree to the release of Greece’s second bailout. EUR/USD hit 1.2974 on Thursday, the pair’s lowest since January 25; the pair subsequently consolidated [...]
Forexpros – The New Zealand dollar edged lower against its U.S. counterpart on Friday, trimming some of the week’s gains but the kiwi remained supported amid hopes Greece will obtain its second bailout package. NZD/USD hit 0.8420, the high of February 15; the pair subsequently consolidated at 0.8320 by close of trade on Friday, rising [...]
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Wed Feb 15, 2012 9:28am EST * Euro zone officials considering delay of Greek bailout * Euro falls to lowest in more than a week vs dollar * Euro slides from 2-month highs vs yen By Gertrude Chavez-Dreyfuss NEW YORK, Feb 15 (Reuters) – The euro slid to its lowest in more than a week [...]
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By Ilya Spivak, Currency Strategist Talking Points Dollar and Yen Sold on Strong US Economic Data, Greek Bailout Deal Hopes Major Directional Moves Unlikely Before Monday’s Eurozone FinMin Meeting US Leading Indicators Gauge to Hit 3-Year High, Core Inflation Unchanged The US Dollar and Japanese Yen declined against their major counterparts as [...]