Posted on 07 July 2010
2010-07-07: Markets Continued Previous Week Risk Taking The EUR/USD pair continued last week rally during Tuesday trading session, which was the first trading day in the U.S. during this short trading week. The strength of the Euro came along with the Non Manufacturing Purchasing Manager’s index which came lower than expected at 53.8. This figure [...] Continue Reading...
2010-07-30: EUR/USD Still Hovering Around 3-Month HighAfter hitting a three month high against the U.S. dollar in trading yesterday, the euro took some slight losses last night, falling some 30 pips against the greenback. The overall trend for EUR/USD is still up, especially ahead of the U.S. Advance GDP figure, which is forecasted to show [...]
2010-07-30: EUR/USD Still Hovering Around 3-Month HighAfter hitting a three month high against the U.S. dollar in trading yesterday, the euro took some slight losses last night, falling some 30 pips against the greenback. The overall trend for EUR/USD is still up, especially ahead of the U.S. Advance GDP figure, which is forecasted to show [...]
2010-07-29: Disappointing U.S. Macro Data Hit Markets Yesterday Plenty of important macro data from the U.S. was published yesterday. Investors were disappointed by the figures and responded mainly by moving away from riskier assets. At first U.S. Durable Goods came negative at -1%, at 12:30GMT later at 18:00GMT Beige book revealed a gloomy outlook for [...]
2010-07-29: Disappointing U.S. Macro Data Hit Markets Yesterday Plenty of important macro data from the U.S. was published yesterday. Investors were disappointed by the figures and responded mainly by moving away from riskier assets. At first U.S. Durable Goods came negative at -1%, at 12:30GMT later at 18:00GMT Beige book revealed a gloomy outlook for [...]
2010-07-28: Dollar Recovers after Consumer Confidence Report The U.S. Dollar advanced on Wednesday, gaining 1% against the Japanese Yen and pushing the EUR back under $1.30, after a report showed U.S. consumer confidence fell more than expected, pressuring equities lower and reducing investors’ appetite for risky assets. USDThe U.S Dollar advanced against most of its [...]
2010-07-28: Dollar Recovers after Consumer Confidence Report The U.S. Dollar advanced on Wednesday, gaining 1% against the Japanese Yen and pushing the EUR back under $1.30, after a report showed U.S. consumer confidence fell more than expected, pressuring equities lower and reducing investors’ appetite for risky assets. EUR/USDYesterday the pair pushed to its highest level [...]
