Market Overview

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Terry Allen G

February 05, 2010 9:32 AM
The US Non-Farm Payrolls has just been posted registering a drop of 20k compared to an expected gain of 15k. Despite the additional job losses, the US ...
February 04, 2010 5:15 PM
With fiscal liquidity concerns spreading like wild-fire across Europe, the EURUSD sold-off at a frightening rate today falling by over 150 pips to its ...
February 04, 2010 8:58 AM
The European Central Bank confirmed in the last hour that it will keep its Interest Rates unchanged at 1.00%. This announcement has followed a poor ni ...
February 03, 2010 7:59 AM
Increases in risk appetite helped the Euro gain more ground during the night with the EURUSD rising as high as 1.4020 before retracting to its present ...
February 02, 2010 7:49 PM
The EURUSD has managed to strengthen during the day by rising to its present value of 1.3970. The dollar continues to trade sideways with the USDYEN n ...
February 02, 2010 8:50 AM
The Dollar made mixed headway during the night with the EURUSD climbing slightly to its current value of 1.3935 (see hourly chart) whilst the USDYEN f ...
February 01, 2010 8:57 AM
The Euro enjoyed a stronger night after losing three percent against the Dollar and six percent against the Yen during January. The EURUSD climbed hig ...
January 29, 2010 8:32 AM
The Euro managed to rally overnight after hitting lows of 1.3912 yesterday. This development was caused by the breaking news of a Greek rescue package ...
January 28, 2010 9:27 AM
The Euro remains under selling pressure as a result of the Markets’ continuing concerns about the depth of Greece’s fiscal situation. This problem ...
January 27, 2010 5:35 PM
A positive Federal Reserve statement made earlier today boosted the Dollar, forcing the EURUSD to break below 1.4000 for the first time in six months. ...
January 27, 2010 10:09 AM
Traders still remain very concerned after China’s largest bank stopped rolling some loans yesterday although it does not plan to freeze new lending. ...
January 26, 2010 6:23 PM
The Dollar and Yen were the main beneficiaries from the increase in global risk aversion caused by Chinese news releases today. Fundamentally, China h ...
January 26, 2010 10:01 AM
Today, China activated an immediate increase in the required reserves of some of its banks. This action sparked intense selling of Asian stocks that r ...
January 25, 2010 4:41 PM
The release of the US existing home sales figure today were very disappointing as they fell by 16.7% during December recording the sharpest drop in 40 ...