Risk of EUR/CZK breaching Tuesday’s high of 24.62
Low liquidly CZK environment along with global market volatility suggests there is risk of EUR/CZK breaching Tuesday's high of 24.62, while at this stage this years high of 24.66 in May is still...
View ArticleRisk that USD/ZAR could breach August highs
There is risk that USD/ZAR could breach August highs around 7.500 with fresh negative news, but so far gains have slowed before 7.454 technical resistance, while Mondays overnight high at 7.472 may...
View ArticleEUR/PLN continued to shoot higher
EUR/PLN continued to shoot higher and reached as far as 4.38, despite protection for a good dosage of PLN/HUF shorts being cut. The obvious external drivers plus a bigger order flow was behind the...
View ArticleUSD/RUB high may prove too ambitious
While USD/RUB remains in bullish mode so far in September, this year high at 30.75 may prove too ambitious to reach just yet if fresh set of pledges from Chancellor Merkel and President Sarkozy to save...
View ArticleEUR/USD dropped during Asian trading
EUR/USD dropped during Asian trading. The decline to 1.3600 brought bids that were led by a Swiss supranational and there were hints of the usual sovereigns.
View ArticleUSD/CAD brakes from the usual trend
USD/CAD broke from the usual trend by climbing from lows of 0.9843 despite the advance in equities. After the early rise, prices waffled around the 0.9900 level.
View ArticleAUD/USD tumbled to lows of 1.0173
AUD/USD tumbled to lows of 1.0173 in response to the expanding belief that monetary policy would need to loosen.
View ArticleEUR makes a run up
EUR made a run up to challenge the 1.3800 handle during afternoon trading on positive comments from ECB officials stating their confidence in the Eurozone.
View ArticleChoppy movements seen among JPY crosses
Choppy movements were seen among JPY crosses with the exception of USD/JPY which kept close to 76.70 for most part of the session.
View ArticleEUR dragged lower against USD
A combination of heightened concerns over Greece, an absence of fresh impetus from the EconFin meeting and German political worries dragged EUR lower against the USD at the open.
View ArticleEuro rebounded from a seven-month low
The euro rebounded from a seven-month low against the dollar in late trade on Monday.
View ArticleAUD/USD bounces up
The Australian Dollar retreated from a 1.0375 high extended during the European session as equity markets dipped into negative territory, to find support at 1.0260 and bounce up.
View ArticleUSD/CAD bounces off 2-day low
USD/CAD clawed back from 0.9892, the lowest since September 9, to trade at 0.9914 during U.S. morning trade, still down 0.13% on the day.
View ArticleEU: Greek Default Worries Slam Banks
Global Stock markets swooned on fresh worries that Greece is headed for default and the damage that could do to the region's banking system, prompting the French govt and BdF to issue unusual...
View ArticleEU: HELP FOR GREECE ONLY IF TROIKA CRITERIA MET
German Finmin Wolfgang Schaeuble says Europe will only help Greece reform if it meets conditions set by "troika".
View ArticleEU: PORTUGAL HIT BY PERIPHERAL CONCERNS
IMF mission chief to Portugal Poul Thomsen says Portugal is being impacted by investors concerns about eurozone peripheral countries but direct spillovers or contagion from Greek crisis limited.
View ArticleJAPAN: BOJ MIYAO WARNS ON RISING EUROPE DEBT
BoJ Ryuzo Miyao say unorthodox easing has unique side effects that warrant attention. Will take appropriate policy action when needed. Europe debt woes risks are heighten ing.
View ArticleAUSTRALIA: RBA MORE LIKELY TO PAUSE, EVEN CUT
AFR RBA watcher Alan Mitchell: RBA, which has been exhibiting a tightening bias, would be more likely to keep rates on hold or even cut them.
View ArticleAUSTRALIA: AUST Q2 INFLATION REVISED DOWN
ABS revised Australia Q2 inflation down to 0.7% from +0.9% and weighted median inflation now +0.5% from +0.9%.
View ArticleGBP/USD HITS 8 MONTH LOW AMID BOE EASING CONCERNS
GBP/USD hit 1.5707 low during early European trade amid BoE easing concerns, the pair’s lowest since January 12; the pair subsequently consolidated at 1.5740, shedding 0.23%.
View Article
