Forex Market Commentary
EUR/USD Bounces Off 1.29
By FXCompass — Wednesday, 18 August 2010
The euro bounced off 1.2900 for the fifth time in August during today’s New York session after US stocks opened lower. The pair could not keep its overnight gains made amid the release of Bank of England’s MPC minutes.
Euro Reverses Losses on Positive US Data
By FXCompass — Tuesday, 01 June 2010
The EUR/USD rebound strongly from its 4-year low after the release of positive US manufacturing and construction data.
S&P Downgrades Spain, EUR/USD Falls to a New Yearly Low
By FXCompass — Wednesday, 28 April 2010
The EUR/USD fell below yesterday’s twelve-month low to reach 1.3115 right after S&P announced the downgrade of Spain’s credit to AA from AA+.
Euro Crushed by S&P Downgrades
By FXCompass — Tuesday, 27 April 2010
The EUR/USD fell below 1.3200 for the first time since April 2009 after Standard & Poor's ratings agency announced the downgrade of both Portugal and Greece on Tuesday.
Greece Asks for Aid but Faces German Demands
By FXCompass — Monday, 26 April 2010
Greek finance minister George Papaconstantinou officially requested the use of the joint EU/IMF bailout package last Friday. Germany reluctantly agreed to contribute, but wants a more vigorous budget plan and further austerity measures before lending its €8.4 billion share.
Moody’s Downgrades Greece’s Credit Rating, Bailout Now Imminent
By FXCompass — Thursday, 22 April 2010
Moody’s Investors Service downgraded the Greek government bond ratings to A3 from A2 on Wednesday. The news pushed the Greek bonds yields to record heights, which makes it almost impossible for the government to finance its debt without the help of the EU/IMF bailout.
EUR/USD Could Reach New Lows
By FXCompass — Sunday, 18 April 2010
After last Friday’s equities sell-off, the sentiment towards the euro switches back to negative. Looking at the technical and fundamental outlooks, it is very easy to imagine a continuation of the down move, perhaps even a breach of this year’s 1.3267 low.
Euro Drops On Renewed Greece Concerns
By FXCompass — Thursday, 15 April 2010
The euro gave away all gains it managed to make this week after Greece failed to convince traders it will be able to raise sufficient funds from its bond auctioning program to cover its debt payments. Chances that the Greek government will be forced to use the EU/IMF bailout package proposed last week are increasing.
More Articles...
Page 1 of 5
<< Start < Prev 1 2 3 4 5 Next > End >>KNOWLEDGE BASE - Exclusive Forex Educational Articles
Managing Risk with Stop Loss Orders in the Forex MarketStop loss orders are one of most fundamental risk management techniques used by forex traders. Ideally, every trading system should include the use of a stop loss on every trade, ...read more |
Trading Fibonacci ExpansionsMost traders know and have used Fibonacci retracements at one point or another in their careers, but Fibonacci expansions are less commonly found in charts. Drawing them only takes a ...read more |
Trading Bollinger BandsBollinger Bands are one of the most popular technical indicators traders like to use. There are many strategies built entirely around them. In this article we will focus on t...read more |
Understanding Central BanksCentral banks are at the heart of their country’s economy and play a key role in the global markets. Their importance is particularly relevant when trading the forex, as they ...read more |
|
More in: Forex Basics, Forex Analysis, Technical Analysis, Technology |
|||
- + 12 |
|||
All information on this page is subject to change. The use of this website constitutes acceptance of our terms of use. Please read our risk disclaimer and privacy policy
Poll
Interest Rates
 |
US | 0.25% |  |
UK | 0.50% |
 |
EURO | 1.00% |  |
JP | 0.10% |
 |
AUD | 4.25% |  |
CAN | 0.50% |
 |
CH | 0.25% |  |
NZ | 2.50% |