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  • Clock ticking on Debt Deal

    July 26, 2011 - no Comments

    30The new head of the International Monetary Fund (IMF), Christine Lagarde, has warned the “clock is ticking” on a deal to tackle the US deficit and raise its debt ceiling.

  • More EURCHF Weakness Expected

    July 26, 2011 - no Comments

    30Currency traders have been buying up the EURCHF currency cross since yesterday – helping the pair to rise above the 1.1600 big figure.  But, this momentum isn’t likely to last

  • Is This A Turn For GBPJPY?

    July 26, 2011 - no Comments

    30Testing the 128.00 resistance level, EURCHF spot looks be headed for a short term decline.  A failure to break above the big figure barrier would support this measure as major

  • What’s Happening With Currencies – July 26th

    July 26, 2011 - no Comments

    30It’s a dollar down day.  The US dollar is losing against the majors, particularly against the British pound and the euro, as concerns over the US debt ceiling continue.  Although