- European equity markets have been swamped by a distorted and confused volume of corporate earnings, including have included significant misses, mediocre performers and top line smashers. Thanks to earnings and the negative trend from Asia, European mark…
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The Czech koruna went through a pretty dramatic sell-off although equity markets were closed for the National holiday. The pair broke above the important technical barrier at 26.30 EUR/CZK (50% Fibonacci resistance and several lows during 2008). Furthermo…
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The US dollar is geared for its next big advance, which of course puts the 7 month trendline in the EURUSD at risk.

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The EUR/USD has been at the mercy of risk appetite and the ebb and flow of equity markets has the pair ranging between support and resistance levels. Markets continue to wait for a sharp pull back but improving fundamental data continues to feed optimism, limiting downside potential.

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