Sunday, November 23, 2014
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US Session: The market left shell-shocked on Draghi

Tweet FXStreet (Guatemala) – The US session was scrambling around in a panic on the back of Europe’s action with Draghi taking the spot light delivering a speech that left markets with a strong indication that we will see further easing which sent the Euro to finish up a shave away from the November lows [...]

November 21 2014 | Posted in Forex | Read More »

US stocks closed Friday with gains and scored 5th positive week

Tweet FXStreet (San Francisco) – Wall Street rallied on Friday as investors welcomed China’s decision to cut its benchmark interest rate and comments from Mario Draghi that the ECB is ready to expand its asset purchase program. China cut the benchmark interest rate for the first time in over 2 years by 40 bps to [...]

November 21 2014 | Posted in Forex | Read More »

EUR/USD back into the bears den, downside wide open

Tweet FXStreet (Guatemala) – EUR/USD is trading at 1.2391, down -1.21% on the day, having posted a daily high at 1.2569 and low at 1.2375. EUR/USD has settled in for a negative close for the week and a touch of the November lows. Just as markets were weighing up whether the dollar has any more [...]

November 21 2014 | Posted in Forex | Read More »

Correlated financial markets in a snapshot– RBS

Tweet FXStreet (Guatemala) – Analysts at RBS explained correlated markets in a technical snapshot. Key Quotes: “Bunds are testing the 151.98 resistance, as they remain constructive in the near future”. “Treasuries are still poised for a limited advance before a key reversal comes”. “Gilts reached our first target and are now close to testing the [...]

November 21 2014 | Posted in Forex | Read More »

ECB under the spotlight – Rabobank

Tweet FXStreet (Guatemala) – Analysts at Rabobank explained that the speculation as to which assets the ECB will ultimately target in its efforts to not only expand its balance sheet, but more specifically, to reach its EUR3trn balance sheet target, are growing by the day. Key Quotes: “With each and every passing comment from ECB [...]

November 21 2014 | Posted in Forex | Read More »