Read the Daily Market Report from Dave Evans, Professional Trader Yen sinks as Japan unveils stimulus package Morning Report: 08.00 London • This morning the main movement is on the yen pairs after the Japanese government moved early to action a 880bn yen stimulus package ahead […]
FOREX Daily Outlook by Easy-Forex.com Risk appetite back on the table The euro (EUR) is staging an impressive rebound against most of its major counterparts, as market participants see light at the end of the tunnel for the US fiscal cliff situation. President Obama shared his optimism that a deal with Congress may be […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets quiet ahead of US GDPMorning Report: 08.15 London• This morning, financial markets are quiet, pending the latest US GDP figures which are expected to rise by 2.8%. • The m ain mover is the Australian […]
FOREX Daily Outlook by Easy-Forex.com Deal on Greece is pushing EUR higher The euro (EUR) is rising across the board against most of its major counterparts, as the eurogroup meeting reached an agreement on Greece. The eurozone finance ministers consented after 13 hours of negotiations to lower the interest rates on bilateral loans to […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen pushes higher as markets focus on US fiscal cliffMorning Report: 08.15 London• This morning financial markets are slipping lower as attention returns to the dangers posed by the US fiscal cliff deadline. The Japanese yen […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets rally on Greek debt dealMorning Report: 08.15 London• Markets have a positive bias this morning after international leaders agreed an overhaul of the Greek debt program. The main meat of the changes are a reduction […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen leads in early tradingMorning Report: 08.15 London• After markets staged a powerful rally into the close on Friday, ‘risk on’ assets are on the back foot this morning. The main winner has been the Japanese […]
Read the Daily Market Report from Dave Evans, Professional Trader Dollar weaker as hopes riseMorning Report: 08.15 London• Financial markets have a positive bias this morning as hopes rise for a deal for Greece and for the EU budget. The dollar index is dropping off as […]
Read the Daily Market Report from Dave Evans, Professional Trader China data boosts marketsMorning Report: 08.15 London• This morning financial markets are on the rise again after Chinese PMI rose to its highest level since October 2011. The strong sentiment around Thanksgiving played out once again, […]
FOREX Daily Outlook by Easy-Forex.com Middle East Tension Sparks Oil Volatility U.S. Dollar Trading (USD) US data missed overnight and this led to another day of heavy losses. Middle Eastern tensions spiked higher overnight with Israel bombing Gaza. The Dollar was bought on safe haven demand making its biggest gains against the Yen which was […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro drops after failure on Greek talksMorning Report: 08.15 London• The euro is under pressure this morning after Eurogroup officials failed to reach an agreement on Greek debt. Officials are claiming that it is a mere […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro leads in mixed tradingMorning Report: 08.15 London• This morning, the euro is overcoming the early disappointment of poor German PPI figures to take the lead this morning. The euro has continued to outpace it’s neighbour […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets rise on US budget hopesMorning Report: 08.15 London • Typical of a Monday morning, market movements have so far been tentative, with no unexpected news over the weekend. What movement there has been is on […]
FOREX Daily Outlook by Easy-Forex.com Japan Dissolves Parliament, Yen Sold U.S. Dollar Trading (USD) stocks sank overnight in the US with politicians bringing attention to the looming fiscal debt crisis bickering over how to solve the issue. Released FOMC Minutes suggest most members want to continue asset buying after op-twist finishes. US data missed expectations […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro rally stallsMorning Report: 08.15 London• This morning, the recent trends in financial markets have flipped, with the euro dropping and stock markets rallying. • The EUR/GBP is down 0.24%, the EUR/JPY 0.18%, with the EUR/USD […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen pressure intensifies Morning Report: 08.15 London• The S&P 500 sold off heavily into the close last night as worries about the US fiscal cliff continued. Normally at such times of fear, the Japanese yen would […]
FOREX Daily Outlook by Easy-Forex.com Fiscal Cliff Debate Begins U.S. Dollar Trading (USD) US traders returned on Tuesday to a looming government debt debate dubbed the ‘fiscal cliff’. In 2013 tax cuts expire and slashed government spending could combine to push the US economy back into recession. US stocks finished negative once again but markets […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro rallies as Greece pays its debts Morning Report: 08.15 London• Financial markets are on the rise this morning after Greece managed to cobble enough money together to avoid bankruptcy. Meanwhile the EU and IMF are […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro drops as Greek feud erupts Morning Report: 08.15 London• This morning, financial markets are under pressure as the IMF and Eurogroup disagree on the terms of the Greek bailout. The issue is ever more pressing as […]
FOREX Daily Outlook by Easy-Forex.com Greece Troika Report Due U.S. Dollar Trading (USD) another volatile and risky trading session on Friday with most markets touching new lows intraday. US stocks opened weak but were able to manage a weekend relief rally and helped lift other risk based markets higher. UoM Consumer Sentiment rose to a […]
Read the Daily Market Report from Dave Evans, Professional Trader Japan GDP hits early sentiment Morning Report: 08.15 London• It’s been a muted start to the week’s trading after Japanese GDP dropped more than expected. Despite this, there is a slight bias to ‘risk on’ trading, […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets stable after China data Morning Report: 07.45 London • Financial markets are stable this morning after Chinese industrial production data came in slightly above estimates. The main ‘risk on’ currencies of the NZD/USD and AUD/JPY […]
Read the Daily Market Report from Dave Evans, Professional Trader Kiwi plunges as economy contracts Morning Report: 07.45 London • There were big falls overnight for the New Zealand dollar after employment change and the unemployment rate both came in significantly worse than expected. The NZD/USD […]
Read the Daily Market Report from Dave Evans, Professional Trader Obama Elected – Markets rally Morning Report: 08.15 London • Whether it is due to an Obama victory, or, simply relief that the whole thing is over, markets are pushing higher this morning. After a shaky […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie pushes higher on rate pause Morning Report: 08.15 London • This morning, the Australian dollar is leading markets higher after the RBA elected to leave rates on hold at 3.25% instead of cutting them as […]
Read the Daily Market Report from Dave Evans, Professional Trader Can Gold Rebound From Here? Morning Report: 08.15 London • This morning, the euro has started the week on the back foot after Spanish unemployment change came in worse than expected. The EUR/JPY is down 0.51%, […]
Read the Daily Market Report from Dave Evans, Professional Trader Dollar leads ahead of US Payrolls Morning Report: 08.15 London • This morning, the US dollar index is on the rise as traders head for safer assets ahead of US Non Farm Payroll data. The main […]
FOREX Daily Outlook by Easy-Forex.com Lackluster Markets inspire Ranging FX U.S. Dollar Trading (USD) US traders returned to the market and although were initially bullish we ended flat and this has taken the wind out of many pairs attempted rallies. EUR/USD failed at 1.3000 and was the leader of the majors lower in the US […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro slips further on Greek debt concerns Morning Report: 08.15 London • This morning, the euro has slipped back further as investors continue to fret over Greece’s apparent debt death spiral. The EUR/USD is down 0.18%, […]
Read the Daily Market Report from Dave Evans, Professional Trader Gold pushes higher as markets stabilise Morning Report: 08.15 London • This morning, financial markets have stabilised, with risk appetite on the rise. The dollar index is slipping lower as investors switch into riskier assets. Click […]
