Market Analysis

  • Forex Technical & Market Analysis: January 23 2013

    Jan 23, 13 • 7600 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: January 23 2013

    MARKET OVERVIEW   2013-01-23 03:18 GMT Eurogroup approves Robin Hood tax Eleven Eurozone countries (Germany, Italy, France, Spain, Austria, Portugal, Belgium, Estonia, Greece, Slovakia and Slovenia) have been authorized to start working on a financial...

  • Forex Technical & Market Analysis: January 22 2013

    Jan 22, 13 • 2474 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: January 22 2013

    MARKET OVERVIEW   2013-01-22 06:25 GMT Jeroen Dijsselbloem, appointed new head of the Eurogroup Jeroen Dijsselbloem, Dutch Finance Minister, has been confirmed as the new president of the Eurogroup. As a peculiar note, German finance minister Mr....

  • Forex Technical & Market Analysis: January 21 2013

    Jan 21, 13 • 7502 Views • Market Analysis 1 Comment

    MARKET OVERVIEW   2013-01-21 06:39 GMT Merkel’s CDU loses Lower Saxony election; setback to her national campaign Angela Merkel’s ruling centre-right coalition government suffered yet another defeat on this Sunday’s local elections, in...

  • Forex Technical & Market Analysis: January 18 2013

    Jan 20, 13 • 3000 Views • Market Analysis 1 Comment

    MARKET OVERVIEW   2013-01-18 05:50 GMT Fiscal negotiations hope to avoid destabilizing a fragile US economy The remainder of 2012 and early 2013 has thus far been dominated by the “fiscal cliff” negotiations in Washington and the unfinished business...

  • Forex Technical & Market Analysis: January 17 2013

    Jan 17, 13 • 7010 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: January 17 2013

    MARKET OVERVIEW   2013-01-17 06:02 GMT Nowotny’s comments boost the euro The member of the ECB governing council Ewald Nowotny declared at the Euromoney press conference in Austria on Wednesday that the Eurozone is bound to contract in 2013 and...

  • Forex Technical & Market Analysis: January 16 2013

    Jan 16, 13 • 7267 Views • Market Analysis 1 Comment

    MARKET OVERVIEW   2013-01-16 06:09 GMT Fitch warns it might cut US rating Much to the chagrin of investors, a fresh warning from the ratings agency Fitch was issues, stating that a debt ceiling failure would likely cause a ratings review. “…With no...

  • Forex Technical & Market Analysis: January 15 2013

    Jan 15, 13 • 3135 Views • Market Analysis Comments Off on Forex Technical & Market Analysis: January 15 2013

    MARKET OVERVIEW   2013-01-15 06:23 GMT Bernanke provides no signs of QE expiration; raising debt ceiling crucial Ben Bernanke is giving a speech at the University of Michigan, with the talk centered on two big issues. One is the long run sustainability...

  • Forex Technical & Market Analysis: January 14 2013

    Jan 14, 13 • 7235 Views • Market Analysis 1 Comment

    MARKET OVERVIEW   2013-01-14 06:11 GMT Focus on Bernanke speech; revenge of the doves? With the European debt crisis temporarily buried underground, and the US debt ceiling still too many weeks far down the road to become a pressing issue, most of the...

  • Forex Technical & Market Analysis: January 11 2013

    Jan 13, 13 • 3383 Views • Market Analysis 1 Comment

    MARKET OVERVIEW   2013-01-11 06:25 GMT Cautious economic optimism induces ECB to hold rates The ECB Governing Council unanimously decided to maintain the main interest rate at 0.75% at their first monetary policy meeting of 2013. ECB head Mario Draghi...

  • Forex Technical & Market Analysis: January 09 2013

    Jan 9, 13 • 4320 Views • Market Analysis 1 Comment

    MARKET OVERVIEW   2013-01-09 05:40 GMT Eurozone crisis still far from over Eurozone unemployment reached a record high of 11.8% in November, the European Commission reported on Tuesday. Data also showed an increase in youth unemployment to 24.4%. This...