Wednesday, 16 May 2012 05:48 GMT By
Joel Kruger
Markets remain under intense pressure into Wednesday, although, given how stretched technical studies are looking, we wouldn't be surprised to see a bit of short-term relief....
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Tuesday, 15 May 2012 20:50 GMT By
David Song
The Bank of England’s quarter inflation report certainly highlights the biggest event risk for the British Pound, and the central bank’s updated forecast may spark a bullish reaction in the GBPUSD should the grou...Read more
EUROPEAN MARKETSEuro Market Opening BriefBy
Ilya Spivak
Wednesday, 16 May 2012 08:23 GMT
The safe-haven US Dollar and Japanese Yen may correct lower as a large batch of Eurozone and US economic data threatens to spark profit-taking.
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Wednesday, 16 May 2012 13:35 GMT
The British Pound struggled to hold its ground on Wednesday as the Bank of England struck a dovish tone for monetary policy, and the GBPUSD may continue to consolidate over the remainder of the week as it fails to maintain ...Read more
ASIAN MARKETSDaily FundamentalsBy
John Kicklighter
Wednesday, 16 May 2012 03:12 GMT
Considering benchmark pairs like EURUSD and AUDUSD were already forging serious headway in their dollar-bullish trends, it was only a matter of time before the Dow Jones FXCM Dollar Index finally made the mark of real progress.
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Tuesday, 15 May 2012 15:28 GMT By
Christopher Vecchio
After selling off to start the week, higher yielding currencies, such as the Australian Dollar, rallied ahead of the US cash equity open as profit taking set in after better than expected European growth data. However, with...Read more
Wednesday, 16 May 2012 11:08 GMT By
Ilya Spivak
Commodity prices fell in Europe as Greece-linked risk aversion gripped markets. Minutes from the Fed’s April meeting may compound losses as QE3 bets fade.
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