Daily Outlook – US Jobs Impress, Judgment Day for Greece
U.S. Dollar Trading (USD) stock markets enjoyed some solid gains on the back of the January’s NonFarm Payrolls surging to 243k vs. 170k forecast and the Unemployment rate falling to 8.3% from 8.5%. The...
View ArticleEU Morning Report – Euro Turns up Stronger
The euro emerged stronger against its major counterparts amid a plethora of pessimistic reports. Versus the US dollar, the single currency advanced to 1.3247 from 1.3118, recording its higher 2012...
View ArticleEU Morning Report – Eyes on BoJ and Fed policy meetings
After last week’s tumultuous trading, stocks ended the week mixed with the German DAX leading gainers, rising 0.67%. The Swiss SMI tracked closely behind, adding 0.56%. The Italian MIB was weaker,...
View ArticleEurozone Approves €500Bn ESM Bailout Fund
Financial markets have so far opened with muted response following the meeting of Eurozone Finance Ministers over the weekend. In the end, the European politicos approved a €500 billion ESM bailout...
View ArticleEURZND – Silently slipping away
As the Euro kept creeping up higher against the greenback and the bullish trend of the British Sterling supported by what seems to be a text economic recovery, most trading circles obviously kept their...
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