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  • EUR/USD Technical Outlook – June 8th

    June 8, 2012 - no Comments

    30EURUSD spot price is currently testing 1.2500 support, which is being reinforced by support barriers below at the May 25th session low of 1.2495.  Additionally, the 1.2500 round figure is

  • What A Chinese Rate Cut Means For FX

    June 8, 2012 - no Comments

    30In a key announcement, People’s Bank of China officials cut the country’s benchmark interest rate by 25 basis points, taking the rate to 6.31%.  The rate cut is the first