All Blogs
"We remain of the view that a solution can be found in order to give Greece access to funds to repay the IMF next Tuesday. The EUR, however, is unlikely to face any material upside in an environment of strongly capped ECB monetary policy expectations...
On Tuesday the euro was weaker in Asia, as financial markets prepared for Greek debt default. The outcome of the referendum due on July 5 is the main focus now with Greece's Tsipras hinting at resigning in case citizens vote 'Yes'...
Greece is heading for a “massive economic contraction” and is likely to be forced out of the euro zone, according to Mohamed El-Erian, the former chief executive at Pacific Investment Management Co...
Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras called a referendum that could decide his country’s fate in the euro...
Non-farm Payrolls is the assessment of the total number of employees recorded in payrolls. This is a very strong indicator that shows the change in employment in the country. The growth of this indicator characterizes the increase in employment and leads to the growth of the dollar...
Cycles are a unique kind of trading analytics, being one of the few types of market data that can be accurately measured. But understanding what the cycles mean and which trades to make based on them is an extremely complex process...
A report is emerging from EU officials and the Greek press (Kathimerini) that EC president Juncker sent a last minute offer to Greece. . The offer is for a one month extension and will include a commitment to talk about Greece’s debt from October 2015...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier. It is recommended to read the page Currency score explained and Models in practice for a better understanding of the article...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: GBP(5X) followed by the CHF(3X). The NZD(4X) is the weaker currency followed by the AUD(2X) with the JPY(2X...
"The upcoming referendum is in fact a referendum on the Greek membership in the Eurozone. Indeed, if the people of Greece turn down the reform proposal, the country will end up with no creditor funding (and no ECB support for its banks...
Greece will shut its banks Monday to avert a financial collapse after the European Central Bank froze emergency loans to the nation’s lenders...
Late last week, the Parliament of Greece do voting that later with the results of the votes versus 178 120, to hold a referendum on Sunday, July 5, 2015. The referendum will decide whether Greece would accept the terms of the proposed bailout of the Eurogroup or not the tumultuous market...
US Dollar - "Once markets get past the initial shock of the new Greek news, attention will turn to a frequently market-moving US Nonfarm Payrolls Report due Thursday...
The starting week will bring more worries in the market, as Greece and its creditors failed to break down the impasse...
On Monday a U.S.-listed exchange-traded fund that tracks 20 publicly traded Greek companies plunged in morning trade, as traders headed for the exits with Greece nearing default...
USDCAD: Although is seen threatening recovery higher, as long as it trades below the 1.2421 level, we still see risk to the downside. On the upside, resistance is seen at the 1.2400 level followed by the 1.2450 level. Further out, resistance comes in at the 1...
Turmoil in Europe lent support to gold Monday, as the European Central Bank’s decided to limit funds to Greek banks on Sunday, after the country's authorities said it would hold a referendum on whether to accept the terms of international creditors as it vies for fresh rescue funds...
