Prime Minister Alexis Tsipras, who came to office six months ago pledging to end austerity and restore “dignity” to the Greek people, now plans to sell an onerous bailout deal at home by arguing it could have been much worse...
Analysts at Mitsubishi consider that this week gold traders should closely watch the Iran nuclear talks and Fed Chairwoman Janet Yellen's testimony which could move gold in either direction...
Daily price is ranging on the middle of bullish/bearish reversal for crossing Senkou Span A line which is the border between primary bullish and the primary bearish on the chart, with the following s/r levels: 1.0915 support level located below Ichimoku cloud in bearish area of the chart, and 1...
USD: remains the strongest currency in the longer term. The market is expecting the Fed to raise rates around September. Recent NFP readings have been positive in terms of jobs added. However the report for June showed no growth in Average Hourly Earnings, which is negative for the US economy...
Current trend Last week, oil prices showed the biggest weekly fall since March this year. WTI crude futures fell by 7.4%, while Brent fell by 2.6...
Eurozone leaders agreed on a third bailout for the cash-strapped country early Monday. European stock markets surged on the back of a deal, while the initial euro rally quickly faded. Analysts now reflect on what markets should expect now that the deal is reached...
Technically, since the weekend gap to .7000 on Greek default uncertainty two weeks ago, EUR/GBP has recovered a couple hundred pips to an area that I can argue may be attractive to sellers...
This week will bring a slew of economic data worldwide. Although a deal between Greece and its creditors has been reached Monday, the negotiations will continue this week...
After a short rally, the euro dipped this morning Markets rallied this morning after Greece finally reached a deal with its creditors after a marathon 17-hour session (not to mention six months of will-they-won't-they discussions). But after an initial jump during which the euro bounced to $1...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, July 13th The euro was weaker in Asia this morning amid Greece receiving a worse than expected offer from its western creditors...
As we know - Barclays estimated the target for EUR/USD at year-end as 1.04. Fow now - Nomura evaluated this pair against the possible fundamental risks and factors and told about 1...
Some banks are trying to predict the values for EUR/USD and for other pairs at year-end providing their technical analysis using support/resistance and 200 SMA indicator. For example, Barclays estimated the EUR/USD to be 1.04, some other banks evaluated GBP/USD to be round 1.45 for example...
Let's make such a prediction at year-end for S&P 500 using the following simple technical analysis tools: support and resistance lines, and Simple Moving Averages indicator (which is standard indicator in Metatrader 4 and Metatrader 5) As we see from the charts below (W1 timeframe and MN1 tim...
The IMF Forecast Lower Growth For The World Economy The IMF yesterday lowered his predictions against global economic growth by 2015 and argues that the world economy in the short term will face risks such as monetary market upheaval and asset price ups and downs as well as the potential risks of...
Constructive strategies to Asia-Pacific. The U.S. needs a strategy to constructive ties toward an open order and based on rules that will help the development for prosperity and cooperation in Asia. That is definitely not desired withdrawal or aggressive U.S. Temperance...
A strengthening U.S. economy may prompt the Federal Reserve to raise interest rates as soon as September, said Byron Wien, vice chairman of the advisory services unit at Blackstone Group LP...
In this article I will provide my view on the NZD/USD, AUD/CHF and the GBP/CAD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
The euro started another week on a declining note, while the yen strengthened, as the latest twist in the Greek bailout saga reaffirmed demand for haven investments. The Australian and New Zealand dollars retreated. The 19-nation euro dropped 0.6 percent to $1.1097 by 6:01 a.m. in Tokyo, losing 0...
The euro faces a volatile start to trading in Asia after Greece was told it must pass legislation on austerity measures through parliament before detailed negotiations with creditors on financial aid can begin. The shared currency was quoted at $1.10805 via EBS pricing as of 2:51 p.m...
