Forex news

Caution began to make its way into the broad markets on Tuesday as Forex began to consolidate largely. The EUR, GBP, and AUD mostly sat in rather range bound motions as investors began to position themselves for today’s ‘promised’ outcome from the European summit which will address the financial crisis. The outcome from the E.U. [...]

Investors continue to show optimism on the surface as the EUR, GBP, AUD, and equity markets have continued to rally. Risk appetite has shown the ability to sustain itself for nearly two weeks now as the E.U. has stabilized for the moment, sentiment that has been extremely fragile among investors. The question that must be asked is if the [...]

Like a magic coin the EUR continues to mount gains versus the USD.  The GBP, AUD, and equity markets have followed the Single Currency too.  As risk appetite has increased it should be pointed out that the JPY has also somehow climbed to its strongest values. Europe continues to hold its economic summit after this weekend, and while the [...]

Caution entered the broad markets on Thursday and the EUR, GBP, and AUD saw tests of their collective ranges. Traders are essentially trying to position themselves before the E.U. financial aid package summit takes place this weekend. Huge questions persists about what moves the E.U. will not only take and how they will be carried out, [...]

While Wall Street did in fact gain on Tuesday it did not manage to wash out cautious sentiment completely. And as the debt crisis continues in Europe, as Spain this morning had their debt downgraded, the EUR managed to stabilize in late trading yesterday. An article from by the Guardian newspaper in the U.K. pointed towards an increase in [...]

Investors took their cue from German officials on Monday. Within a matter of moments Angela Merkel and other officials from Germany were able to damper risk appetite as they pronounced that there would be no magic bullet that would solve the European financial crisis this coming weekend. Merkel went on to add that the crisis was bound to [...]

Risk appetite continued to show some bite on Friday as the EUR, GBP, and AUD all managed to sustain and add to their recent highs. Across the Atlantic Wall Street also proved that it could maintain its momentum and added to a good week’s performance. While cynics are still looking at the European financial situation and pointing to [...]

The broad markets essentially became cautious on Thursday and turned in flat performances across the board. The EUR, GBP, and AUD all were range bound and equities were mixed. Wall Street saw actual losses and this suggest that risk appetite may find some roadblocks going into the weekend. Gold as of this morning is around 1671.00 USD [...]

The broad markets turned rather cautious on Tuesday as traders essentially waited the day out. The Europe saga remains a focus and questions remain about how exactly the E.U. will handle its banking problems and the potential fallout from a possible default from Greece. The EUR traded in a rather tight range most of the day and the GBP [...]

Perhaps the best thought about current market conditions is the old adage that hopes springs eternal. Based on that thought the EUR continued upwards momentum on Monday via the pronouncements coming from the E.U. and what has been a sudden emergence of risk appetite. Wall Street turned in a positive day of trading also in the States with [...]