After the week began quiet yesterday, today it poured in with pessimism as industrial and manufacturing productions on the month after it was rising lately we saw today that the trend halted as the reading dipped and even worse than

Would this improvement persist, based on the fundamentals released from the Euro area the pace of contraction is narrowing significantly especially the manufacturing sector is witnessing a revived activity and demand. Beating expectations the German Factory Orders inclined today the

Euro is leading the major pairs on a move against the Usd that gets them back into the 4 hour chart ranges, that were recently tested as support against the Usd. This is the initial U.S. based break that we

Confidence in the Euro-zone economy will remain generally weak with fears that a prolonged downturn will result in further severe stresses within the banking sector. Overall dollar confidence will also be fragile and the US currency will be dependent on

Outside of some intra-day moves that are starting to build on very low order flow reads, the market has been contained in a tight range overnight (again). Some majors are trying to push higher, against near-term momentum reads that have

Overall, the dollar strengthened across the board during the first part of the European session. However, the market turned around, helped by the spot European markets and by the U.S. futures, and retraced back most of the declines seen earlier

EURUSD traded up to test resistance at 1.40 in late New York last night before Asia took the pair back down to the 1.3900 level. Cable too remained very much range-bound, claiming back most of Mondays losses during the course

In Currencies: The currency markets maintain their recent range that characterized yesterday's session. The price action was somewhat choppy. Most of the movement was attributed to order flow with Mid-East names cited as the main driver. The EUR/USD maintaining a

The Yen gained broadly on Monday. The dollar hit a five-week low against the yen as fallout from last week's grim U.S. jobs data unnerved investors who had bet on an improving world economy. The Dollar briefly hit a two-week

USD is pressured by concern about USD reserve status and report of better than expected German industrial orders, Russia and China will push for global currency talks at this week's G-8 summit, GBP pressured by report of weaker than expected

Climate change -- it's taken on a meaning beyond the literal. It is "global warming" ... it is carbon emissions ... it is saving the planet ... it is ridiculous. For one, the attention this yet-to-be-proven phenomenon receives from non-scientists

The dollar advanced against the pound and the euro, rising to session highs by afternoon trading amid further losses in the US equity bourses. The Dow Jones, Nasdaq and S&P 500 were all lower by more than 1.2% as questions

The financial markets took a turn for the worse supporting further dollar strength in an attempt by Investors to scale back risk. The EurUsd fell 62pips to the low range of 1.39, struggling to breach the 1.40 level in recent

Risk aversion was the flavor of the NY session as yesterday's equity market rally fizzled. The S&P 500 sank more than 17 points and closed below the 200-day SMA which came in at 884.99 today. This is a bearish technical

USD started the day firmer in overseas trade supported by fading recovery hope and light safe haven demand. A number of policymakers warn that the global economic recovery was far from secure and bank lending remains weak. OECD officials state

Currency trading exhibited a reversal in price action from European moves during the New York session. The EUR/USD pair probed back above the 1.40 level aided by a comment from German Finance Minister Steinbrueck, who commented that interest rate hikes

The Dollar continued to range trade in Europe today. Ending the Asian session at the highs for the day, the greenback was once again sold against European currencies. EURUSD pushed through the recent 1.40 top to climb to a temporary

Another day brings yet another disappointment for the trend-seekers in the FX market, as risk appetite across markets recovered exactly as the US S&P500 touched its 200-day moving average. The reversal creates all of the usual technical arguments for a

Considering the recovery in global economic fortunes during the second quarter was largely rooted in signs of life within the industrial heartlands of many developed nations, it's a comfort to see that Germany's manufacturing output has now posted three consecutive

Extensive reports had been written recently period that the IMF is preparing to have its first bond issue in order to raise as much as $500 billion to help the emerging economies avoid a collapse. The amount of money that