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Euro Weakness Looking To Hold
by admin
21 May 2012 at 12:33pm
On the Forex markets this morning the Euro around was struggling to regain a foothold beyond the $1.27 area against the Dollar. Staying virtually unchanged from its level on Friday, the dollar at 1.2692 euro (+ 0,08%). A low of 1.2642 dollars was hit this morning, against a peak at 1.2708. No significant movements to report against the ye Read more ...
Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...

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New Analyst Coverage
22 May 2012 at 12:00am
New York, May 22nd (TradersHuddle.com) - These are the research analyst new ratings before the market open. ISIS Pharmaceuticals (NASDAQ:ISIS) was initiated with a Buy and a target price of $14 at ...
Which Restaurants Will Be Acquired After Benihana?
22 May 2012 at 12:00am
It was revealed on Tuesday that Benihana (NASDAQ: BNHN) is to be acquired by the private equity group Angelo, Gordon & co for $296 million, and the company's stockholders will each receive $16.30 per ...
AUD/USD Daily Outlook May 22, 2012
22 May 2012 at 12:00am
By: DailyForex.com The Aussie dollar has been the punching bag of people like me for several sessions now. If you are someone that thinks the global economy is in more trouble that the leaders a ...
Bulls Taking Back AUD/USD?
22 May 2012 at 12:00am
By: DailyForex.com Last week I wrote about a possible Bullish reversal at 0.9825, a long standing S/R zone going back to 2008. The pair did indeed turn Bullish at this level, but is it an actual ...
EUR/USD Daily Outlook May 22, 2012
22 May 2012 at 12:00am
By: DailyForex.com The EUR/USD pair had a bullish session on Monday as the bounce continued from the Friday short covering rally. The G8 meeting over the weekend produced the usual European reac ...
Author John Mauldin Likes Facebook but Not the Price
22 May 2012 at 12:00am
Renowned financial expert John Mauldin wrote a book called Bull's Eye Investing a few years ago, but he has taken the opportunity given to him by Wiley to condense the book down into the new Little Bo ...
XLF, You've Seen Better Days
22 May 2012 at 12:00am
In the first quarter, things were finally groovy for major bank stocks and the corresponding ETFs. Bank of America (NYSE: BAC) jumped about 70% and was the best-performing stock in the Dow Jones Indu ...
Gold Back To Losing Ways
22 May 2012 at 12:00am
New York, May 22nd (TradersHuddle.com) - Monday's declines were tolerable. Arguably, so were Tuesday's, but the fact of the matter is gold's losing streak now stands at two days and it's not unreason ...
Oil Resumes Slide
22 May 2012 at 12:00am
New York, May 22nd (TradersHuddle.com) - Following Monday's bullish action, oil futures resumed their losing ways on Tuesday on heightened tensions between the West and Iran and more concerns about t ...
Urban Outfitters Surged Through Resistance
22 May 2012 at 12:00am
New York, May 22nd (TradersHuddle.com) - For the first quarter ended April 30, 2012, Urban Outfitters (NASDAQ: URBN) reported net income of $34.0 million, compared to $38.6 million for the year-ago q ...
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