SP 500 Futures: The SP futures is moving in line with our analysis and trading 1082.50 at the time of writing. The close above 1067 Friday opens confirms a near term bottom has been made at 1040.75 and it has potential for a move towards 1103 key resis…
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Equity markets in Europe opened on a bullish footing based on solid results out of UK banking group Barclays [BARC.UK]. Barclays, the first tier 1 UK financial firm to report FY09 earnings, set a high hurdle for expectations. FY09 net at Barclays beat est…
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Given the close of US market, the start of the new week was rather calm for trading in the Czech koruna, too. The EUR/CZK pair was not encouraged by mixed domestic data (the January PPI, the December retail sales) and it continued to hover around the 26.0…
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EURUSD Unless the pair stays above 1,3650 gains are expected. First resistance level is placed at 1,3690 and in case it is broken jump to 1,3720 should appear as possible. Further upward rally will lead to the test of 1,3755/60. Below 1,3650 slide at fir…
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The Euro corrected higher against the US Dollar in Asian trade but selling pressure may return as Germany#8217;s ZEW Survey of investor confidence declines for the fifth month after a disappointing fourth quarter GDP result and fears of Greek ……
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In Europe, the EU’s Juncker said that by March 16th Greece needed to take extra steps to lower its spending. It was recommended that Greece raise its VAT and excise duties. In terms of a rescue plan for Greece, Juncker said he did not want to ……
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EUR/USD Today#8217;s support: - 1.3584 and 1.3553(main), where correction is possible. Break would give 1.3539, where correction also may be. Then follows 1.3512. Break of the latter would result in 1.3490. If a strong impulse, we would see ……
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The Greece debt problems continues to be the major market driver with fresh news over the weekend that Goldman Sachs created currency swaps for Greece to reduce their debt and it seems that Greece is losing credibility as each day passes. We are very crit…
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