Daily Look

Even though the euro has hardly staged what you would refer to as a relief rally, markets have reacted positively to the proactive approach Greece has shown so far following …

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EURUSD Daily Pivots R3 1.1427 R2 1.1395 R1 1.1342 Pivot 1.131 S1 1.1258 S2 1.1225 S3 1.1173   EURUSD is currently testing the lower support near 1.12688 after the break …

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Many asset classes ended the first month of 2015 on the back foot and February starts with a feeling of apprehension. The dollar strength seems to have halted and risk …

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In 1971, U.S. Secretary of the Treasury John Connally told a group of visiting finance ministers; “the dollar is our currency, but it’s your problem”. It’s 2015, and his words …

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EUR/USD fell to an eleven year low this week, not only because of the ECB’s pledge to begin a huge quantitative easing programme but also following the weekend’s Greek elections. …

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EURUSD Daily Pivots R3 1.1476 R2 1.1421 R1 1.137 Pivot 1.1315 S1 1.1264 S2 1.1209 S3 1.1158   EURUSD was weaker yesterday but managed to continue staying above its lows, …

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We reach the end of what has been a pretty dramatic month for FX and not just because of developments on the Swissie. Whilst over-shadowed, other central banks have also …

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Last night’s FOMC turned out to be rather a non-event in the end although going into the meeting a degree of bearishness was expected and this didn’t materialise. The word …

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EURUSD Daily Pivots R3 1.146 R2 1.1421 R1 1.1354 Pivot 1.1314 S1 1.1247 S2 1.1207 S3 1.1104   EURUSD closed lower yesterday after breaking out from the rising trend line. …

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Financial markets have settled themselves but we’ve seen some abnormal moves recently with the first being the bounce in the euro following the Greek General Election results and then yesterday …

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