Forex Magnum

News

EU Morning Report - Single currency on free fall

Autore: Written by Easy-Forex for Easy-Forex.com

2012-05-30 08:50:00

Scrivi un Commento

The euro (EUR) recorded losses against most of its major counterparts as risk aversion overtook markets following developments in the eurozone. There were reports that the European Central Bank (ECB) rejected Spain's proposal to recapitalise its banking sector directly via sovereign bonds. Also, the Bank of Spain Governor Ordonez will resign on the 10th of June, a month earlier before his term ends, as criticism of poor banking supervision heightened. Versus the US dollar, the euro dropped to 1.2477 from 1.2520 – a near 2-year record low. ECB President Mario Draghi is due to speak at the European Policy Center, in Brussels at 13:30 GMT and investors worldwide will closely monitor this.

The US dollar (USD) appeared stronger versus a basket of currencies, as eurozone woes favored the buying of the greenback. The US economic data were put in the shade by the news coming out of Europe. Nevertheless, the catalyst needed for more gains never came as the Consumer Confidence index fell to 64.9 this month, the lowest figure since January. Versus the Swiss franc (CHF), the greenback rose to 0.9626 from 0.9599. The break through the 0.9610 area, a previous resistance level, could open the way for the pair to record higher highs.

Oil prices dropped to 90.21 from 90.71 dollars a barrel. Gold (XAU) plunge to 1548.00 from 1574.76 US dollars an ounce. Against the euro, gold dived to 1243.89 from 1257.31 euro an ounce. Silver (XAG) moved down to 27.7475 from 28.3725 dollars an ounce. Stay in tune throughout the day with foreign exchange bullets!

Outlook		Pivot	Preference1	Sentiment2
	EURUSD	1.2515	SHORT @ 1.2505	71% of deals buy EUR
	USDJPY	79.65	SHORT @ 79.65	82% of deals buy USD
	GBPUSD	1.5650	SHORT @ 1.5640	74% of deals buy GBP
	AUDUSD	0.9835	SHORT @ 0.9835	75% of deals buy AUD
	GOLD	1558	SHORT @ 1558	77% of deals buy GOLD
	OIL	90.95	SHORT @ 90.95	91% of deals buy OIL

1 data generated by Trading Central™, 2 data obtained from easy-forex Inside Viewer™

Calendar	Currency	Time (GMT)	Event	Forecast
	CHF	07:00	Retail Sales for April	0.48
	EUR	09:00	KOF Indicator for May	-19.3
	USD	14:00	Pending Home Sales change for April	0.1%

Equities	EUROPE				US				ASIA3
	FTSE 100	0.65%			S&P 500	1.11%			NIKKEI	-0.82%
	DAX	1.16%			DJIA	1.01%			HIS	-1.90%
	CAC	1.37%			NASDAQ	1.18%			CSI 300	-0.48%

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.

Analisti

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

Programmatori

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

Traders

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

Brokers in Test

AvaFX AvaFX-Approved

ACFX ACFX-Testing

UWC UWC-Testing

Markets Markets-Approved

Admiral Markets-Testing

Non esistono ancora Commenti per questa news.

Archivio News

Analisi Tecnica

Calendario Economico

Long Term Forecast

Regolamentazioni

ActionForex.com

Abbonati Adesso Gratuitamente alle News RSS di Easy-Forex.com

Pagina:

1 2 3 4 5 > >>

EU Morning Report- RBA keeps rates unchanged

2012-07-03 08:44:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Key post-EU summit week

2012-07-02 08:48:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report- Euro jumps on EU summit deal

2012-06-29 08:42:00 Written by Markos Solomou for Easy-Forex.com

EU Morning Report- Euro higher ahead of EU summit

2012-06-28 09:14:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report- Focus turns to the EU summit

2012-06-27 09:20:00 Written by Markos Solomou for Easy-Forex.com

EU Morning Report - Focus on the EU summit

2012-06-25 08:59:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Greece vs. Germany for the Euro

2012-06-22 08:49:00 Written by Easy-Forex for Easy-Forex.com

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

2012-06-21 09:31:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Eurozone stands by Greece

2012-06-19 09:03:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Greek election results positive

2012-06-18 09:47:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report- All eyes on the Greek election

2012-06-15 08:44:00 Written by Easy-Forex for Easy-Forex.com

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

2012-06-14 09:12:00 Written by Markos Solomou for Easy-Forex.com

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

2012-06-13 09:54:00 Written by Markos Solomou for Easy-Forex.com

EU Morning Report- Optimism following Spanish bailout fades

2012-06-12 10:04:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Spanish banks bailed out

2012-06-11 08:45:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Eurozone's master plan

2012-06-08 09:25:00 Written by Easy-Forex for Easy-Forex.com

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

2012-06-07 08:36:00 Written by Easy-Forex for Easy-Forex.com

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

2012-06-06 08:28:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report- RBA cuts rates by 25 bps

2012-06-05 08:54:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report- Dollar dips as poor NFP fuels QE3

2012-06-04 08:35:00 Written by Markos Solomou for Easy-Forex.com

EU Morning Report - All eyes on NFP

2012-06-01 09:08:00 Written by Markos Solomou for Easy-Forex.com

EU Morning Report - Irish referendum in the spotlight

2012-05-31 08:37:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Single currency on free fall

2012-05-30 08:50:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Euro still on the offer

2012-05-29 08:30:00 Written by Easy-Forex for Easy-Forex.com

EU Morning Report - Euro's payback time?

2012-05-28 09:16:00 Written by Easy-Forex for Easy-Forex.com

Pagina:

1 2 3 4 5 > >>