- European equity markets look set for a correction ahead of US employment data and renewed concerns over South West Asia. Following a mixed close in Asia, European markets have opened to the downside and continued in negative territory. Banks and financi… »
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DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
EUR/USD Today#8217;s support: – 1.5052, 1.5027 and 1.5016(main), where correction is possible. Break would give 1.4986, where correction also may be. Then follows 1.4961. Break of the latter would result in 1.4940. If a strong impulse, we would …… »
US Dollar Retreats as Currency Markets Set Sights on Nonfarm Payrolls Data
The US Dollar sank against most major currencies ahead of the opening bell in Europe after an uneventful session in Asian trade as currency markets repositioned in preparation for the all-important US Nonfarm Payrolls report. Japan is gearing up to announ… »
KBC: CEE currencies keep gains despite late sell off in the US
The Czech currency enjoyed ongoing positive sentiment in emerging markets and firmed yesterday as the EUR/CZK pair dipped below the 25.80 level at the end Thursday#8217;s trading. We should... »
Asian Market Update: Korea’s Kospi outperforms on strong GDP revision as Asia indices fall to profit-taking; China FX authorities downplay USD weakness, reserve adjustment concerns
- Asian equity markets saw traders looking to book some profits ahead of the volatile US jobs report following 4 consecutive winning sessions this week. SP/ASX is the biggest... »
FX Trading –Eurozone Recession: Over
It#8217;s confirmed #8211; the Eurozone has pulled out of recession in the third quarter. A second look at third-quarter GDP today showed the countries that collectively make up the... »