FOREX Daily Outlook by Easy-Forex.com EUR/USD reverses on Friday, US Jobs Strong U.S. Dollar Trading (USD) July Nonfarm Payrolls came in stronger than expected at 160k vs. 100k and this helped stocks and an already positive investor mood continue into the weekend. The USD was sold aggressively with the strong jobs numbers not seen strong […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro slips back after payrolls boost Morning Report: 08.00 London • This morning, the euphoria following Friday’s Non Farm Payrolls is starting to slip as traders unwind their positions. While the better than expected jobs data […]
FOREX Daily Outlook by Easy-Forex.com ECB Draghi Disappoints, EUR/USD Selling Target 1.2000 U.S. Dollar Trading (USD) the market was full of positive expectations going into the ECB press conference and the USD was on the back foot as the EUR/USD shorts were squeezed to day highs scared they would be caught on the wrong side […]
Read the Daily Market Report from Dave Evans, Professional Trader Kiwi leads cautious rebound Morning Report: 08.15 London • Markets have a bullish edge this morning, as traders look to unwind some of the reaction (over reaction) to yesterday’s ECB press conference. This morning’s reaction will […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads as markets wait for ECB Morning Report: 08.15 London • This morning, financial markets are rewinding some of the moves made yesterday in reaction to the Fed decision to not implement more quantitative easing. […]
Read the Daily Market Report from Dave Evans, Professional Trader US dollar slips back further Morning Report: 08.15 London • This morning there are some signs of an optimistic bias in the early opening salvos, particularly as the the US dollar index drops further from the […]
FOREX Daily Outlook by Easy-Forex.com Euro skepticism resurfaces The euro (EUR) recorded losses against most of its major counterparts as it was revealed that positive comments by the European Central Bank (ECB) President Draghi over the past week were not the result of any resolution or plan. Therefore, Thursday’s policy statement by the ECB and […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets wait on central bank action Morning Report: 08.30 London • This morning financial markets are fairly quiet as markets await the bold action promised by the ECB and potentially other central banks. The ECB are […]
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Read the Daily Market Report from Dave Evans, Professional Trader Markets slip back as traders wait for action Morning Report: 08.15 London • This morning, financial markets are giving back some of the gains from the previous week, despite a lack of significant bad news over […]
FOREX Daily Outlook by Easy-Forex.com Euro Break 1.2300 on Rising Hopes of ECB Action U.S. Dollar Trading (USD) although there are still plenty of doubts remaining about the new Eurozone measures yet to be announced optimism won out in the end on Friday and we saw fresh week highs on the EUR/USD into the weekend. […]
FOREX Daily Outlook by Easy-Forex.com “Euro is irreversible” The euro (EUR) recorded gains against most of its major counterparts as comments by the European Central Bank (ECB) President Draghi boosted the single currency. He was particularly firm, saying that the single currency is irreversible and that the ECB will do whatever it takes to preserve […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets follow through on ECB inspired rally Morning Report: 08.15 London • We’re seeing some follow through buying today following ECB president Draghi’s speech yesterday. Although not specifically stated, Draghi dropped enough coded hints about direction […]
Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
FOREX Daily Outlook by Easy-Forex.com ESM Banking License Talk Sparks EUR/USD Rebound U.S. Dollar Trading (USD) stocks around the world enjoyed a solid relief rally overnight and EUR/USD sellers booked profit on short trades leading to USD weakness across the board. Weak June Home Sales at 350k vs. 369k previously added to mounting speculation the […]
Read the Daily Market Report from Dave Evans, Professional Trader Australian dollar recovers strongly Morning Report: 08.15 London • Financial markets rallied well into the close last night, with some follow through buying in certain currencies this morning. The Australian dollar continues to out perform thanks […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets waiting for cues.Morning Report: 08.15 London • After heavy selling yesterday, financial markets are flat this morning despite Australian inflation data coming in below estimates overnight. • The mai n mover so far is the […]
FOREX Daily Outlook by Easy-Forex.com Greece Troika Inspection Begins Tuesday U.S. Dollar Trading (USD) the market was shaken yesterday by the collapsing confidence in Spain’s ability to fund its own debt. Spanish and Italian authorities announced a short selling ban on banks to try and stem the rout but this had limited effect and it […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets attempt rally, but euro still lags.Morning Report: 08.00 London • After heavy selling yesterday, financial markets are looking more stable despite negative outlook revisions for Germany’s credit rating last night. Improving Chinese manufacturing PMI has […]
FOREX Daily Outlook by Easy-Forex.com Spanish Debt Crisis Spiraling out of Control U.S. Dollar Trading (USD) Yields on Spanish 10 year debt leapt above 7.3% on Friday in what is being dubbed ‘Black Friday’ in the Spanish Debt Crisis. Risk aversion spread like wildfire throughout the markets with 10yr US debt falling to its […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets plunge on Spain bailout fearsMorning Report: 08.00 London • Markets have started the new week in the worst possible fashion with a broad based sell off building momentum. Last week ended with fears over global […]
FOREX Daily Outlook by Easy-Forex.com ‘Risk On’ Trading — US Dollar Sold U.S. Dollar Trading (USD) the EUR/USD tested resistance above 1.2300 but once again failed to track US stocks higher. The USD lost further ground against other risk currencies with the AUD/USD leading the market higher. Oil in particular is soaring up another $3 […]
FOREX Daily Outlook by Easy-Forex.com ‘Risk On’ Trading — US Dollar Sold U.S. Dollar Trading (USD) the EUR/USD tested resistance above 1.2300 but once again failed to track US stocks higher. The USD lost further ground against other risk currencies with the AUD/USD leading the market higher. Oil in particular is soaring up another $3 […]
Read the Daily Market Report from Dave Evans, Professional Trader Rally runs out of steamMorning Report: 08.00 London • Risk assets have rallied well this week, but the buying interest appears to have run out of steam in the last 24 hours. This morning, the Japanese […]
FOREX Daily Outlook by Easy-Forex.com Markets in Rally mode, Oil Soars to $90 a barrel U.S. Dollar Trading (USD) those looking for weakness in the market yesterday were sorely mistaken with US stocks once again rallying and risk currencies gaining against the greenback. Oil moved higher to $90 a barrel and helped the commodity currencies […]
Read the Daily Market Report from Dave Evans, Professional Trader Gold rebounds but euro questions remain Morning Report: 08.00 London • Yesterday saw some strong buying action, but the euro and gold still lagged. This morning gold is finally coming to the party, with a rise […]
FOREX Daily Outlook by Easy-Forex.com Eyes on BoE minutes The euro (EUR) recorded gains against most of its major counterparts even as the German ZEW economic sentiment and current situation indices came out lower than expected. On other news, Greece remains under pressure to deliver additional spending cuts, while Finland achieved a collateral deal as […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets stable after late evening rally Morning Report: 08.00 London • Last night financial markets rallied into the close, helping to undo a lot of the negative sentiment following Ben Bernanke’s testimony. This morning, financial markets […]
FOREX Daily Outlook by Easy-Forex.com Fed Chief Bernanke Speaks Tonight to US Senators U.S. Dollar Trading (USD) the market rallied overnight and into Asia on Tuesday with expectations rising that the US central bank Chief Ben Bernanke will hint at more stimulus when he speaks before the senate banking committee. Overnight June Retail Sales fell […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie dollar breaks away Morning Report: 08.00 London • This morning, financial markets have a positive bias with the Australian dollar breaking away from the rest of the pack following the release of the minutes from […]
