Forex Magnum


EU Morning Report - Eurozone stands by Greece

Autore: Written by Easy-Forex for

The euro (EUR) recorded losses against most of its major counterparts as risk appetite retreated. This was due to renewed fears that Greek politicians will not be able to form a coalition government in a convincing manner and time. European Commissioner Barroso, talking from the G20 meeting, said that Europe stands by Greece, ready to continue its support but that the troubled nation must honor obligations and apply the necessary reforms to get more help. Eurozone rejected reports that the troika is considering an extension of the Irish loan payments.

The US dollar (USD) appeared strong versus a basket of currencies, as the euphoria following the positive Greek election results faded during the day. Against the Swiss franc (CHF), the US dollar rose to 0.9534 from 0.9454, after the 0.9420 acted as a support area. A break below yesterday’s low is needed to pave the way for the pair to reach lower lows.

The Australian dollar (AUD) went as low as 1.0056 versus the US dollar, but managed to pull itself back and end the day flat at 1.0111. The minutes from Reserve Bank of Australia's meeting on June 6th revealed a sense of calmness and the decision to cut their lending rate by 0.25% was labeled as "finely balanced".

Oil prices plunged to 82.80 from 84.47 dollars a barrel. Gold (XAU) rose to 1627.83 from 1618.71 US dollars an ounce. Against the euro, gold dropped to 1294.61 from 1295.16 euro an ounce. Silver (XAG) moved up to 28.7530 from 28.6170 dollars an ounce. Stay in tune throughout the day with foreign exchange bullets!

Pivot Preference1 Sentiment2
EURUSD 1.2650 SHORT @ 1.2650 19% of deals buy EUR
USDJPY 79.15 SHORT @ 79.15 88% of deals buy USD
GBPUSD 1.5600 LONG @ 1.5600 58% of deals buy GBP
AUDUSD 1.0050 LONG @ 1.0050 54% of deals buy AUD
GOLD 1612 LONG @ 1612 55% of deals buy GOLD
OIL 84.00 SHORT @ 84.00 87% of deals buy OIL
1 data generated by Trading Central™, 2 data obtained from easy-forex Inside Viewer™
Currency Time (GMT) Event Forecast
GBP 08:30 Consumer Price Index (CPI) m/m in May
EUR 09:00 ZEW Current Conditions for June
USD 12:30 House Starts in May
0.72 mil
FTSE 100 0.22% S&P 500 0.14% NIKKEI -0.88%
DAX 0.30% DJIA -0.20% HIS -0.40%
CAC -0.69% NASDAQ 0.78% CSI 300 -0.65%
3 at the time of writing Please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone. In no way is it a recommendation by easy-forex® for you to engage in any trade. The information provided is based on data generated by third party investment research providers. easy-forex® does not assume any liability as to the accuracy of such information. This information shall be used for reference only and it is not binding on easy-forex®. This is not an advertisement or a recommendation in engaging / binding you in any forex transactions.



Sei un Analista Tecnico Indipendente Professionista del mercato FOREX? Registrati anche tu nella comunità ed elabora insieme a noi strategie automatiche di successo! Dettagli


Sai programmare in MQL o usare il MetaTrading? Registrati e contribuisci alla programmazione di trading system, script e indicatori per MetaTrader. Dettagli


Ti piace il Trading? Vieni in Trading Room a Cosenza, guarda le analisi tecniche real time dei nostri indicatori e decidi quando entrare nel mercato. Corsi base ed avanzati. Dettagli

Non esistono ancora Commenti per questa news.

Archivio News


1 2 3 4 5 > >>

EU Morning Report- RBA keeps rates unchanged

EU Morning Report - Key post-EU summit week

EU Morning Report- Euro jumps on EU summit deal

EU Morning Report- Euro higher ahead of EU summit

EU Morning Report- Focus turns to the EU summit

EU Morning Report - Focus on the EU summit

EU Morning Report - Greece vs. Germany for the Euro

EU Morning Report - Greece, BoE and FOMC move the markets

EU Morning Report - Eurozone stands by Greece

EU Morning Report - Greek election results positive

EU Morning Report- All eyes on the Greek election

EU Morning Report- Spain downgraded, focus on Italian bond auction

EU Morning Report- All eyes on US Retail Sales and PPI figures

EU Morning Report- Optimism following Spanish bailout fades

EU Morning Report - Spanish banks bailed out

EU Morning Report - Eurozone's master plan

EU Morning Report- Euro recovers, Aussie higher on jobs data

EU Morning Report- Focus shifts to the ECB monetary policy meeting

EU Morning Report- RBA cuts rates by 25 bps

EU Morning Report- Dollar dips as poor NFP fuels QE3

EU Morning Report - All eyes on NFP

EU Morning Report - Irish referendum in the spotlight

EU Morning Report - Single currency on free fall

EU Morning Report - Euro still on the offer

EU Morning Report - Euro's payback time?


1 2 3 4 5 > >>