Forex Market Analysis - Page 85

Currency markets saw little movement during European session trading on Monday, with major currency pairs basically keeping within ranges formed in the prior Asian session...

Last Friday world financial markets closed mixed the US President still didn't manage to come to an agreement with Congress Republicans...

In recent times, a lot of focus has been put on the Japanese Yen as the economic conditions of the economy seem to improve under the guidance of Shinzo Abe and the Bank of Japan (BoJ) Governor, Haruhiko Kuroda...

The US dollar rose for a fourth straight day against the yen on Thursday while Asian equity markets made sharp gains as investors cheered on the news that Republican and Democratic lawmakers are working towards a path to agree to a short-term increase in the debt ceiling...

Risk appetite was up today on news from Washington DC which suggested that there is likely to be a six week extension to the debt ceiling deadline...

Yesterday the world financial markets closed with major indices going up considerably thanks to the US Republican party offer to raise the debt ceiling for a few months in order to be able to come to some form of agreement with Democrats...

The currency in focus during the European session was on the sterling because of the Bank of England policy announcement...

Yesterday world financial markets closed in the red zone due to the government shutdown and the threat of default in the USA. As such, in Europe, the British FTSE 100 fell 0.4 percent down to 6,337.91 points, the German DAX 30 slumped 0.5 percent down to 8,541.69 points, and the French CAC 40 dropped 0.2 percent down to 4,127.05 points...

Markets were upbeat on Thursday as investors were willing to take on more risk on expectations that the Washington lawmakers may reach a compromise deal to avoid a default by the US as the debt ceiling looms...

Market sentiment was given a boost after US markets closed overnight that US President Obama will announce on Wednesday the nomination of Janet Yellen for the Federal Reserve Chair...

The proposed nomination of Janet Yellen as new Fed Chief is giving some good risk sentiment for the markets today. The news broke out after the US markets closed on Tuesday and after US President Obama's press conference on the US government shutdown issue and looming debt ceiling...

It is a well-known fact that the US government is experiencing a partial shutdown. However, one should not underestimate how such a drastic move can provide longer term opportunities for the Cable to increase in value...

Markets were quiet again today as we enter day eight of the US government shutdown and no news about any progress in the budget talks in Congress...

As the Asian session opened, the US dollar dipped against the yen to 96.55, a new eight month low. However, in a surprise move, the dollar rebounded fast and advanced throughout the session to gain over 60 pips...

Dollar weakness due to the gridlock in US politics continues to be the main theme in currency markets on Monday. Investors are unwilling to take on risk while there is no sign of progress by US policymakers to negotiate the US budget and debt ceiling...

Yesterday world financial markets finished predominantly in the red zone. In particular, in Europe, Britain's FTSE 100 grew 0.18 percent up to 6,449.04 points, Germany's DAX fell 0.37 percent down to 8,597.91 points while France's CAC 40 dropped 0.73 percent down to 4,127.98 points...

Let's talk about Gold and how I am approaching it this October. There are 2 broad themes that I will seek to consider in my analysis. The first being seasonality and how it affects the price of gold. The second is technical analysis. Basically, all things considered, I am bearish on the precious metal...

Yesterday the world's financial markets closed mixed. As such, in Europe, the British FTSE 100 climbed down by 0.03 percent to 6,460.01 points, the German DAX grew 1.10 percent up to 8,689.14 points, and the French CAC 40 advanced 1.28 percent up to 4,196.60 points...

In a startling turn of events, the US government has been shut down overnight as the clock ticked down, after the Senate rejected a budget plan written up by the House Republicans to shoot down Obama's health reforms...

Yesterday world financial markets finished with a slump of major indices again there is still uncertainty about the US budget situation. In particular, European trading resulted in the British FTSE 100 falling 0.77 percent down to 6,462.22 points...

Sterling is strong on Monday and hit a near 9-month high against a basket of major currencies. The pound was chosen as a safe haven today against a weaker euro and dollar as political problems in Italy and the United States increased risk aversion amongst investors...

Last Friday world financial markets saw major indices slump due to the continuing uncertainty with the US sovereign debt. As such, in Europe, the British FTSE 100 fell 0.81 percent down to 6,512.66 points, the German DAX 30 shed 0.03 percent down to 8,661.51 points while the French CAC 40 closed at about the same rate – 4,186.77 points...

It was a busy weekend in terms of news and markets inevitably opened with a cautious note in early trading on Monday...

The British pound surprised markets late in the Asian session by its sudden jump from a clam session to surge above $1.61. There were reports that the move was due to a quote made in UK newspaper, the “Yorkshire Post”, by Bank of England governor Mark Carney...

The European session on Thursday was lively as focus temporarily shifted away from US politics and the US dollar and Euro and Sterling took the spotlight...

The yen paused its advance against the dollar and the euro today after some aggressive selling by traders who are being cautious ahead of more possible stimulus measures to be unveiled by Japanese Prime Minister Shinzo Abe next week...

Yesterday world financial markets closed mixed. As such, in Europe, the British FTSE 100 grew 0.21 percent up to 6,571.46 points, the German DAX 30 advanced 0.34 percent up to 8,664.6 points, and the French CAC 40 gained 0.56 percent reaching 4,195.61 points...

The euro remains weak against the dollar on Wednesday, trading near Tuesday's lows. The single currency is being weighed down after weaker-than-expected German sentiment data...

The European session picked up pace after a quiet Asian session on Tuesday. There was a wave of USD buying across most currency pairs in a risk averse environment and the safe haven yen was bought as well...

The US dollar was unable so far to gain ground after its decline on Friday, especially against the Japanese yen. The US currency depreciated against most major G10 currencies on Monday but has mostly been directionless in the past two sessions...