Yen Weakens The yen weakened against the USD and Euro overnight as the demand for the safe-haven yen lowered in view of the recent rebound in global stocks and the decline in U.S. Treasuries. Technical…
Tagged By euro
EURUSD: Parity in the Rear-View Mirror for Now
EURUSD and the French Elections Sundays round 1 of the French elections decisively ended the political risks to the Euro’s demise for the time being as far as France was concerned. However, Mondays Euro rally…
France – Election Day Round 1. Euro Up or Down?
France – Election Day Sunday April 23 is D-Day for France as French voters cast their ballots in the presidential elections. Regardless of the outcome, the results are bound to have a significant impact on…
Forex Roller Coaster Ride
Greenback Roller Coaster The past weekend and on into Monday, we saw the USD strengthen as Fed Vice Chairman Stanley Fischer’s positive remarks about the US economy and inflation targets prompted speculation of a rate…
Is The USD Back From Vacation?
After almost 18 months of a surging Greenback, it seemed as if the USD took a vacation from its climb the past few weeks and we wondered if perhaps the US Dollar reign had ended.…
Today’s Shaker – The Euro
As expected, today’s much anticipated European Central Bank Interest Rate Decision, ECB Monetary policy statement and press conference with ECB president Mr. Mario Draghi, caused huge volatility in the Forex market and particularly with the Euro…
Forex Trading – Will March Be The Pivotal Month?
As we roll into March, I believe the Forex chips will start to fall into place. We start with the all-important question; will Global equities find the footing they are so desperately looking for? Oil…
Euro Zone Looking For A Life-Line To Sustain Gains
Yesterday, the Euro begin to slowly unravel last week’s gains against the USD as it reacted to Mario Draghi’s comments on where he saw the markets moving. We see “Super Mario” to the Euro Zone…
