Hollande Asks ECB to Engage in Japanese Style Currency Debasement – Town Hall
 euronews | Hollande Asks ECB to Engage in Japanese Style Currency Debasement Town Hall Mr Hollande said the first priority of his second-year “offensive” was a four-point plan to “get Europe out of its torpor” – concentrating on combating youth unemployment and a strategy of investment. “The number one objective is changing Europe's ... Italian minister backs Hollande's call for economic government |
Argentina Peso Rises; Intervention Is Cited – Wall Street Journal
 Wall Street Journal | Argentina Peso Rises; Intervention Is Cited Wall Street Journal Alberto Bernal, head of research and strategy at Bulltick Capital Markets, expects the Argentine currency to remain under pressure in coming months as the government struggles with its debt and has difficultly borrowing abroad. "The reality is that ... |
EURUSD – Outside Day; Bearish below 1.2655
EURUSD – Gains were initially posted in EURUSD but they were soon overturned with sellers emerging above 1.2746, 38.2% pullback of losses from 1.3487-1.2289 (Feb-June). This resulted in the pair posting a bearish outside day. Although the pair has posted mild gains in overnight trading this is assessed to be a profit taking correction. As long as price can stay below 1.2636 our bias remains bearish. In view of these facts our call is bearish below 1.2655. The profit targets are 1.2557,EUR/NZD breaks below Key Support Level
EUR/NZD continues to fall after the recent Breakdown through Key Support Level 1.6007 identified by Autochartist on the 4-hour charts. The Significance of this support level is rated at the 3 bar level reflecting the fact EUR/NZD reversed 3 times from this level over the last 245 candles. This Breakout continues the long-term predominant downtrend that can be seen on the daily and the weekly EUR/NZD charts. This pair is expected to fall to the Forecast Price 1.5674 in the nearest time, whichSterling Outlook Hinges on BoE Minutes- Higher Low in the Making? – DailyFX
Sterling Outlook Hinges on BoE Minutes- Higher Low in the Making? DailyFX Although we anticipate the BoE Minutes to reveal another 6-3 split with the committee, the fresh batch of central bank rhetoric may further diminish bets for additional monetary support, and the MPC may start to discuss a tentative exit strategy in the ... |
Alpari – New Type of Account, New Opportunities – «Market Leader» – news and previews making you rich.
Alpari – New Type of Account, New Opportunities «Market Leader» - news and previews making you rich. In comparison to similar indicators in 2012, trade turnover has increased by 43%, which has become an absolute maximum among all forex companies in Russia and the CIS. These data prove that Alpari is the largest domestic broker with rapid progress and ... |
