Thu, 24 Jul 2014 17:00:07 GMT
Market Alert: EURUSD at 8-Month Low
On Thursday (July 24) EURUSD, the euro-dollar exchange rate and the world's biggest forex market, fell to the lows not seen since November 2013. The mood towards the euro is decidedly negative,. "…as concerns that a fresh round of sanctions against ...
Thu, 24 Jul 2014 16:11:58 GMT
Bigdata analytics to curb rate fixing scandal
Foreign exchange market is world's largest and least regulated financial market. Its estimated daily turnover is $5.35 trillion, according to the Bank for International Settlements' triennial survey of 2013. Speculative trading dominates commercial transactions in ...
Thu, 24 Jul 2014 13:05:25 GMT
Rupee slips from two-week high
The domestic currency also snapped its two-day up-move when it had gained 21 paise against the U.S. currency. At the Interbank Foreign Exchange (Forex) market, the domestic unit resumed higher at 60.03 and improved further to almost two-week intra-day ...
Thu, 24 Jul 2014 18:12:00 GMT
EURAUD looks to complete a multi-month pattern into support and remains vulnerable for a reversal heading into August. Here are the updated targets & invalidation levels.
Thu, 24 Jul 2014 11:00:00 GMT
The Euro may be poised for a short-term bounce against its major counterparts over the coming days, as the most important data on the Euro-Zone economic calendar this week roundly beat expectations.
Thu, 24 Jul 2014 07:10:00 GMT
Crude oil and gold may be at risk of a pullback as traders look past geopolitical tensions in Eastern European and the Middle East.
Thu, 24 Jul 2014 05:46:00 GMT
The Euro may launch the next leg of its decline after hitting an eight-month low as a soft set of PMI figures fuels speculation about an expansion of ECB stimulus.
Thu, 24 Jul 2014 03:51:00 GMT
The key to seeing the dollar and broader financial markets return to trend – bullish or bearish – is seeing the masses return and reestablish a level of commitment. Can the combo of NFPs, FOMC decision and 2Q US GDP net week do it?