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  • Is The Euro Set To Move Lower?

    April 17, 2012 - no Comments

    30Resistance at 1.3150 continues to remain key to any upside momentum in the EURUSD exchange rate.  The level is being supported to the downside by a medium term trendline at

  • Swiss Franc Could Weaken From Here On

    April 17, 2012 - no Comments

    30The USDCHF exchange rate is consolidating just above key support at 0.9150, following a bit of buying off of support at 0.9138.  The 0.9138, and subsequently, the 0.9150 is anticipated

  • Japan To Boost IMF Firewall

    April 17, 2012 - no Comments

    30On the heels of recent comments made by International Monetary Fund Managing Director Christine Lagarde, Japanese officials have contributed to the fight.  Following up on statements made last year, Finance

  • Spanish Bonds, ZEW Boosting Markets

    April 17, 2012 - no Comments

    30Investor confidence in the European Union’s largest economy and improving Spanish benchmark yields are helping to boost equity and bond markets throughout the session.  With most of Europe’s regional markets

  • Bank of India Cuts Rates For First Time In 3 Years

    April 17, 2012 - no Comments

    30Catching most in the market by surprise, the Reserve Bank of India aggressively cut interest rates by 50 basis points – setting the benchmark rate at 8%.  This is the