Euro Crisis Is (Far From) Over

Fitch Ratings Changed The Outlook On UK

Investors Eye Federal Reserve Meeting

March 11th

S&P Downgraded the EFSF

January 17th

Forex Weekly Technical Analysis - 15/01/12

January 15th

EUR Gains as Strong Debt Sales Ease Risk

January 13th

Wisdom of Crowds – Well at Least 469 Experts – on 2012 Global Risks

Welcome to 2012 – and to celebrate its arrival the World Economic Forum has published its annual risk report (here). The report presents the results of a survey where 469 experts ranked 50 risks to our world – click on the diagram to be taken to the interactive chart. It’s…
January 12th

Market Focus Shifts to Bond Auctions

Forex investors trimmed bearish bets against the euro yesterday after Fitch Ratings Agency said it is unlikely to downgrade France. However, the lack of agreement by European leaders on how to implement fiscal reforms to prevent contagion puts the region at risk. As we can see from the price action,…
January 11th

Currency Speculators Boosted Short Positions to Record Levels

Today’s meeting of Merkel and Sarkozy is probably the key event for the EUR/USD this week. French President Nicolas Sarkozy and German Chancellor Angela Merkel are going to meet in Berlin to craft a master plan for rescuing the debt plagued eurozone countries. The talks will be followed by a…
January 9th

EUR/USD Sliding – Investors Have Doubt About the Health of Europe’s Economy

EUR/USD is sliding as concerns about the ability of euro zone countries to refinance their huge public debt increase each passing day. Today France will add to the brisk start to the 2012 debt auction calendar by selling up to €8 billion of bonds. Analysts say France is seen as…
January 5th

USD Slides Ahead of ISM Data

Even though some analysts bet that eurozone will start disintegrating this year and will almost certainly collapse within the next decade, EUR/USD is climbing today and trying to pass 1.3000 barrier. Signs showing that manufacturing is expanding in the world’s two largest economies boosted investors’ optimism about the global economy.…
January 3rd

Forex Weekly Technical Analysis – 01/01/12

EUR/USD Technical Analysis First of all, I would like to say happy new year! This year will be as volatile as the last year and of course, many traders’ focus will be on EUR/USD. Headlines from the eurozone and the United States will dominate the financial markets. Last year’s candle…
January 1st

Thin Volume, but the U.S. Economy is Firmer Than Investors Expected

It has been a tough year for the market participants. Currency traders had many whipsaws over the last twelve months. On the last trading day of the year, volume is expected to be thin. EUR/USD is trying to stay over 1.29 major support. We don’t expect any huge surprises today…
December 30th

EUR/USD Continues to Face Downward Pressure

When we look at the price action in the forex market, we see that trading is likely to remain thin until next week. Investors expect little market action into the year-end holidays as many market participants have already closed their books for this year. Today we don’t expect high volatility…
December 28th

The ECB is Playing With Fire

Today we see that the forex market is rather calm and flat due to holidays and low liquidity. Investors have been bullish on USD lately as they think that the U.S. economy is improving more than expected. Increasing consumer optimism is also positive for the financial markets. Economists think that…
December 26th

Struggling Eurozone Economies

EUR/USD briefly rallied on hopes the ECB’s ultra-cheap funding tender would tempt banks to buy Italian and Spanish debt and pull yields lower. The tender eased concerns about an immediate credit crunch, but it also discouraged investors from lending to euro zone banks because of their large exposure to sovereign…
December 22nd

ECB President Mario Draghi Disappoints Investors

When we look at the price action in the forex market, we see that trading is thin due to approaching year end and cautious stance of investors. Investors remain doubtful about whether European leaders can end the debt crisis any time soon. Another factor which is souring the sentiment is…
December 20th

Absence of a Comprehensive Plan to Stabilize Europe

Potential ratings downgrades and uncertainty in the eurozone have been dragging the euro lower. Since EU leaders disappointed investors and as a result, the euro lost its credibility. The recent price action in the forex market shows that investors lost confidence in EU politicians ability to end the ongoing debt…
December 16th