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  • Trichet Hints At Rate Hikes

    June 9, 2011 - no Comments

    30Interest rates are once again the rave in the market this morning. The European Central Bank decided against raising rates this time around.  But, with prices still rising in the

  • Take A Look At AUDCAD

    June 9, 2011 - no Comments

    30The AUDCAD cross pair has trended lower in the last two sessions – mainly on weakness in the Aussie and strength by the CAD.  The Canadian dollar has seen gains

  • Germany Calls For Bond Swap

    June 9, 2011 - no Comments

    306/8/2011 EURUSDGBPCHFJPYCADAUD Greece continues to grab the headlines as German officials call for a maturity extension in helping to alleviate pressure on the Greek government. The comments have supported the

  • GBPJPY To Break Higher

    June 9, 2011 - no Comments

    306/8/2011 Falling below key support in the overnight session – mainly on GBP flows – GBPJPY looks ready for a recovery rally. Currently trading at 130.74, the currency pair is

  • EURCAD Double Top Signal Impending Doom

    June 9, 2011 - no Comments

    306/8/2011 The EURCAD cross has just formed a double top this morning – with confirmation coming in the form of a break through key support at 1.4350 (25 and 50

  • Much Ado About Euro

    June 9, 2011 - no Comments

    306/7/2011 The euro has hit multi-month highs in the market – and it’s once again in the news. Today’s comments by Luxembourg Prime Minister Jean Claude Juncker added to some

  • GBPUSD Sellers Eyeing 1.6450

    June 9, 2011 - no Comments

    306/7/2011 With plenty of pessimism surrounding the absence of a rate hike by the Bank of England this week, it seems that EURGBP cross currency flows are hurting GBPUSD. The

  • Central Bank Decisions Rule the Market This Week

    June 9, 2011 - no Comments

    306/6/2011 EURUSDGBPCHFJPYCADAUD - Richard Lee Economic data runs low on the schedule in the next five days. But, central bank announcements are running high – 4 in fact. All central

  • EURUSD Buying Opportunity Looms

    June 9, 2011 - no Comments

    306/6/2011 There is still a lot of concern regarding the future of the EU. But, it hasn’t stopped the EURUSD from climbing over the last week or so. In the

  • Greek Restructuring A Disaster?

    June 9, 2011 - no Comments

    30FX Daily Drivers June 6, 2011 Major currencies for the most part haven’t moved much since the overnight session. Although last week’s market themes – concern over the US economy