Category Archives: fx

eToro 16 May 12

Beating Q1 GDP Estimates, Germany Does All the Heavy Lifting  May 15th, 11:40 am by Barbara Zigah (eToro Blog) At last a bit of good news on the Eurozone economic front; Germany’s Federal Statistics Office reported earlier today that GDP … Continue reading

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Synergy FX 16 May 12

Daily Forex Update: GBP/AUD 16 May 2012 2:16 am – By: Dima Chernovolov GBP/AUD continues to decline after the recent completion of the Rising Wedge chart pattern identified by Autochartist on the 4-hour charts. The overall Quality of this chart … Continue reading

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OzForex 16 May 12

Market Commentary By Michael Judge Australian Dollar The Australian dollar was initially sold off yesterday with The Reserve Bank of Australia fuelling hope of further rate cuts, stating that price-pressures are likely to remain weak whilst the non-mining sector will … Continue reading

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Synergy FX 15 May 12

Daily Forex Update: EUR/AUD 15 May 2012 2:08 am – By: Dima Chernovolov Autochartist has recently identified the Clear Up Channel chart pattern on the 4-hour EUR/AUD charts. The overall Quality of this chart pattern is measured at the 7 … Continue reading

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OzForex 15 May 12

Market Commentary By Michael Judge Australian Dollar It was a familiar story for the Australian dollar overnight with risk being shed across the board. Global stocks slid as did commodities with fears that Greece could leave the Euro-zone gripping markets. … Continue reading

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Synergy FX 14 May 12

Daily Forex Update: CAD/JPY 13 May 2012 11:10 pm – By: Dima Chernovolov Autochartist has recently identified the Clear Down Channel on the daily CAD/JPY charts. The overall Quality of this chart pattern is measured at the 6 bar level … Continue reading

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OzForex 14 May 12

Market Commentary By Michael Judge Australian Dollar It was a consistent sell off for the Australian dollar for much of Friday’s session with crack’s starting to appear for the higher yielding asset. Given disappointing Chinese figures in the form of … Continue reading

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eToro 12 May 12

JP Morgan’s $2 Billion Loss a Good Reminder of Better Opportunities May 11th, 1:20 pm by Barbara Zigah (eToro Blog)  News that conservative banking giant JP Morgan suffered a major loss due to a botched trading strategy hit equities hard … Continue reading

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eToro 11 May 12

Nouriel Roubini Foresees Spain’s Doom despite Bankia Nationalization  May 10th, 1:00 pm by Barbara Zigah (eToro Blog)Worries of a Eurozone breakup have recently escalated with Greece, but this recent news from Spain on the nationalization of Spanish lender Bankia will … Continue reading

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eToro 11 May 12

Whether they Like it or Not, Greece to get Next Bailout Tranche May 10th, 10:56 am by Barbara Zigah (eToro Blog)Once again it is the events in Greece that is raising concerns of a possible Euro breakup to new levels. … Continue reading

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