fxpros Posted January 11, 2011 Author Share Posted January 11, 2011 EUR Manages Gains despite Debt Concerns Tuesday, 11 Jan 2011 The euro recovered from a four-month low against the U.S. dollar on Monday, though gains are not expected to hold given resurgent concerns about indebted euro zone countries and talk that Portugal will need a bailout. By yesterday's close, the EUR traded up 0.4%; it remained down about 3.2% for the first six trading sessions this year. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted January 13, 2011 Author Share Posted January 13, 2011 FX Traders Await European and British Interest Rate Decisions Thursday, 13 Jan 2011 12:40:01 GMT Market participants anticipate interest rate releases from both the BOE and ECB later this afternoon. Earlier today two rating agencies released market notes warning of a potential downgrade to the credit rating of the US. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted January 19, 2011 Author Share Posted January 19, 2011 EUR and GBP Set for Volatility from CPI and ZEW Reports Tuesday, 18 Jan 2011 The euro's mild downturn against its rivals was brought on at the start of this week's trading by reduced optimism regarding the EU rescue fund's expansion. Some analysts were disappointed that the finance ministers of the 17-nation bloc did not take further measures to bolster the bailout mechanism. This temporary setback pushed the EUR down against most of its rivals yesterday. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted January 19, 2011 Author Share Posted January 19, 2011 EUR Trading Higher from Increased Demand Wednesday, 19 Jan 2011 The euro was firmer against the dollar on Wednesday on reported Asian sovereign buying and continued short-covering, though it failed to make a sustained break above the key $1.35 level. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted January 21, 2011 Author Share Posted January 21, 2011 EUR Rises on All Fronts Friday, 21 Jan 2011 19:22:43 GMT The euro rose to a two-month high against the dollar on Friday, helped by Asian sovereign demand and improving confidence in the euro zone, but its rally appeared on shaky ground as it neared key technical resistance. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted January 25, 2011 Author Share Posted January 25, 2011 Weak GDP Sinks the Pound Tuesday, 25 Jan 2011 14:18:45 GMT A surprising 4Q GDP report from Britain showed the British economy actually contracted. In response the pound sold off sharply as traders adjust their expectations for Bank of England interest rate moves. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 1, 2011 Author Share Posted February 1, 2011 EUR Trading Mixed Against Main Currency Rivals Tuesday, 1 Feb 2011 An anticipated euro-zone interest rate hike caused the EUR to turn bullish against the safe haven dollar and yen throughout the day yesterday. That being said, the euro was not able to maintain its gains against the Japanese currency in the overnight session. The EUR/JPY has begun correct itself, and has already fallen close to 30 pips since late last night. Currently the pair is trading just above the 112.40 level. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 7, 2011 Author Share Posted February 7, 2011 Non-Farm Payrolls Sends Dollar Higher Disappointing employment data released on Friday sent the dollar higher versus the major currencies as the report from the Labor Department showed a significantly less than expected number of jobs were added to the US economy in the month of January. Traders were buying dollars as the less than forecasted job numbers did not support expectations of an improving US economy and employment picture. The Bureau of Labor Statistics reported US added 36K new jobs in the month of January. However, economists forecasted payrolls to come in at 138K. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 10, 2011 Author Share Posted February 10, 2011 Dollar Begins to Rebound in Asian Trading Comments yesterday from Fed Chairman Bernanke sent the dollar plummeting against most of its main currency rivals, including the euro and yen. Bernanke voiced concerns regarding the high level of unemployment in the US, which investors interpreted as a sign that the Fed will continue with its stimulus package. The EUR/USD spiked well over 100 pips yesterday, peaking at just above the 1.3740 level. Meanwhile, the USD/JPY fell close to 40 pips, dropping as low as 82.18 during the evening session. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 14, 2011 Author Share Posted February 14, 2011 USD/JPY Down after Round of Aggressive Selling The U.S. dollar fell against the yen Monday in Asia as the greenback's ascent Friday to a 1-month high lured aggressive selling by Japanese exporters keen to settle accounts. Still, not many Tokyo dealers believe the U.S. currency will keep falling. They expect bargain-hunting to soon kick in as many speculators have a long-term bullish view toward the world's largest economy. Investors will pay attention to U.S. economic data due this week, such as Tuesday's retail sales. If the data turn out better than expected, the dollar should gain further support, dealers have said. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 15, 2011 Author Share Posted February 15, 2011 Euro Falls after Finance Ministers Rule out Immediate Steps to Fight Debt Crisis Tuesday, 15 Feb 2011 The euro fell against most of the major currencies during Monday's trading session. The 17-nation currency began yesterday's session with sharp drops against both the U.S. dollar and the Japanese yen The EUR/USD fell 120 pips and the EUR/JPPY dropped 70. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 22, 2011 Author Share Posted February 22, 2011 EUR Recovers against US Dollar The EUR edged up slightly against the U.S. dollar during the morning trading session, recovering after recent losses from the mounting tension in the Middle East that has driven investors to cut risk. The 17-nation currency is currently trading higher against the USD by nearly 40 pips at 1.3640. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
seraphim Posted February 22, 2011 Share Posted February 22, 2011 This is a good broker. Asked for a withdrawal and got it very fast! There is a lot of one-on-one communication which is very promising with this broker. Link to comment Share on other sites More sharing options...
fxpros Posted February 24, 2011 Author Share Posted February 24, 2011 US Dollar in Decline from Renewed Risk Appetite Thursday, 24 Feb 2011 The US dollar slipped against the EUR and CHF Wednesday, erasing some early morning gains after encouraging European data sent traders into riskier, higher-yielding assets. By yesterday's close, the greenback had fallen against the EUR, pushing the oft-traded currency pair to 1.3750. The dollar experienced similar behavior against the Swiss franc, closing at the 0.9900 price level. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted February 28, 2011 Author Share Posted February 28, 2011 Crude Oil Hits $99.90 a Barrel as Violence in Libya Spreads Crude oil prices are once again rising. After crude corrected some of its gains and fell from the $103.30 level to $96.35 a barrel, the commodity is opening this week with another bullish move, and is currently trading near $99.60. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted March 2, 2011 Author Share Posted March 2, 2011 EUR Still Bullish, Struggling from Depressed Risk Appetite Wednesday, 2 Mar 2011 The euro inched up on Wednesday, driven by expectations of higher official rates, although subdued risk appetite is likely to put a lid on gains and keep the dollar off a 3-1/2 month low versus a basket of currencies. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted March 15, 2011 Author Share Posted March 15, 2011 Dollar Falls Ahead of Heavy News Day The dollar extended declines versus the yen to hit a session low in midday trading on Monday, helped by repatriation flows by Japanese insurers in the wake of the country's devastating earthquake and tsunami. By yesterday's close, the USD fell sharply against the JPY, pushing the oft-traded currency pair to 81.70. The dollar experienced similar behavior against the GBP and closed at around 1.6170. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted March 17, 2011 Author Share Posted March 17, 2011 Japanese Nuclear Worries Cause JPY to Spike Thursday, 17 Mar 2011 07:09:16 GMT The yen saw huge gains against virtually all of its main currency rivals just before the start of the overnight session, as the fallout from last week's tsunami continue to boost the safe-haven currency. The USD/JPY fell over 300 pips in a matter of minutes and reached a new record low before bouncing back throughout the night. Currently the pair is trading at the 79.50 level. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted March 28, 2011 Author Share Posted March 28, 2011 Dollar Strengthens While Commodities Weaken Before Housing Data Monday, 28 Mar 2011 12:41:25 GMT During the European trading session the dollar continued to book gains and commodities declined. The lone exception was the Aussie dollar which hit a new high versus the greenback. This morning's trading lacked economic data as markets were still being influenced by the weekend's events in Europe and the Middle East. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
fxpros Posted April 4, 2011 Author Share Posted April 4, 2011 ECB Interest Rate Decision Monday, 4 Apr 2011 Expectations are running high for the ECB not to disappoint the markets with an interest rate increase at this Thursday's ECB meeting. ECB President Jean-Claude Trichet and other members of the ECB have taken huge strides to prepare markets for an increase in EU interest rates. AVAFX - Start trading with as little as $100. Link to comment Share on other sites More sharing options...
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