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May 16, 2012 04:35PM GMT
     
 
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Forex Opinion & Analysis

Read in-depth forex analysis, forecasts, trading signals, and commentary on major and exotic currency pairs. This page is an extensive resource on content pertaining to the forex market.
Dollar Soars, Greek Banks Run And China Stalls
By 
 - May 16, 2012

News that ongoing talks amongst politicians in Greece have failed to come up with a coalition government and that new elections will need to be called, has renewed fears that a Greek exit from the ...

 
Talking Forex: Daily Wrap
By 
 - May 16, 2012

EUR/USDThe pair settled the session in minor positive territory after it was confirmed that a caretaker government will step into Greek politics and a second wave of general elections will take place ...

 
GBP/USD - Correction Over?
By 
 - May 16, 2012

Currently the cable is at 1.5929 after a breakout of the downtrend. The  current price is sitting on the 0.786 Fibonacci and a bounce here targets a move back to the 1.6015 resistance. A break ...

 
EUR/USD May Still Move Lower
By 
 - May 16, 2012

Technical Major CurrenciesEUR/USDThe oversold studies over smaller time frames caused the awaited fluctuation towards the suggested entry point where the pair started to move lower once again. The ...

 
Euro Falls To 4-Week Low As Talk To Form Greek Government Fail
By 
 - May 16, 2012

EUR/USDThe euro fell to the lowest in almost four months versus the dollar as talks to form a Greek government failed, fueling concern the nation may leave the shared currency and boosting investor ...

 
Markets Lower As Greek Politicians Fail To Form Coalition Government
By 
 - May 16, 2012

European shares settle at their lowest level for 2012 as the attempts to form a Greek coalition government collapses.The Dow Index slid 63.35 points to close at 12,632 while the S&P 500 weakened ...

 
Greece To Go Back To Polls, EUR/USD Hammers Lower
By 
 - May 16, 2012

There is to be no coalition deal in Greece according to the nation’s politicians and Greece will now head for a second round of elections in mid-June. We’re not sure who believed there ...

 
Greece Is Forced To New Elections
By 
 - May 16, 2012

Asia stocks have opened for another day in the red. Euro at first and sterling at second are still on the down side. The official failure of Greek leader’s to form a coalition government ...

 
GBP/AUD Continues To Decline After Completion Of Rising Wedge
By 
 - May 16, 2012

GBP/AUD continues to decline after the recent completion of the Rising Wedge chart pattern identified by Autochartist on the 4-hour charts. The overall Quality of this chart pattern is rated at the 7 ...

 
US Dollar Gains From Risk Aversion As Greece Fails To Form A Government
By 
 - May 16, 2012

The U.S. dollar benefitted yet again from risk aversion in the market as talks aimed at forming a coalition government in Greece failed. Prospects of another election reignited concerns the country ...

 
Increased Risk Aversion Weighs On The Aussie Dollar
By 
 - May 16, 2012

For the 24 hours to 23:00 GMT, AUD weakened 0.34% against the USD to close at 0.9936, as Greece’s failure to form a new government raised speculation that it may leave the eurozone, reducing ...

 
Losses In The Canadian Dollar Continues In Morning Session
By 
 - May 16, 2012

For the 24 hours to 23:00 GMT, USD rose 0.41% against the CAD to close at 1.0068, as risk aversion rose among investors following political turmoil in Greece.Initially, the Canadian dollar rose after ...

 
US Dollar Continues Its Rising Trend
By 
 - May 16, 2012

For the 24 hours to 23:00 GMT, USD rose 0.73% against the CHF and closed at 0.9431.In the US, advance retail sales rose 0.1% in April, compared to a 0.7% growth in March, making it slowest pace rise ...

 
Yen Trading Lower After Japan Machine Orders Declined In March
By 
 - May 16, 2012

For the 24 hours to 23:00 GMT, USD strengthened 0.46% against the JPY and closed at 80.23.On the economic front, consumer confidence index, in Japan, dropped slightly to a reading of 40.0 in April, ...

 
Continues To Lose Steam In The Asian Session
By 
 - May 16, 2012

For the 24 hours to 23:00 GMT, GBP fell 0.67% against the USD and closed at 1.5993, after goods trade deficit in the UK narrowed to £8.56 billion in March, from £8.59 billion in February. ...

 
Concerns Over Grexit Continues To Weigh On The Euro
By 
 - May 16, 2012

For the 24 hours to 23:00 GMT, EUR declined 0.72% against the USD and closed at 1.2737, after Greece called for a new election as political leaders in the nation failed to form a ruling coalition, ...

 
EUR/GBP Rebound Underway
By 
 - May 16, 2012

Early bullish signs for euro-pound. Yesterday it posted an inverted hammer candlestick and if today is a strong up-day that would act as confirmation. RSI is overbought and has formed a double bottom ...

CFDs Quotes
 SPX 500 Futures1332.65+4.40+0.33%  
 NQ 100 Futures2581.10+2.85+0.11%  
 US 3012679.50+47.50+0.38%  
 DAX6384.26-16.80-0.26%  
 UK 1005405.25-32.37-0.60%  
 Japan 2258801.17-99.57-1.12%  
 US Dollar Index81.39-0.05-0.06%  
CFDs Quotes
 Gold1546.25-10.85-0.70%  
 Silver27.688-0.392-1.40%  
 Copper3.480-0.037-1.06%  
 Crude Oil93.36-0.63-0.67%  
 Natural Gas2.578+0.078+3.10%  
 US Cotton No.277.64-1.52-1.92%  
 US Coffee C177.22-0.03-0.01%  
 
 EUR/USD1.2749+0.0019+0.15%  
 GBP/USD1.5943-0.0050-0.32%  
 USD/JPY80.29+0.10+0.13%  
 USD/CHF0.9421-0.0015-0.16%  
 AUD/USD0.9939+0.0003+0.03%  
 USD/CAD1.0096+0.0024+0.24%  
 EUR/CHF1.2011+0.0001+0.01%  
CFDs Quotes
 Euro Bund143.22-0.21-0.15%  
 Euro BTP99.97+0.55+0.55%  
 Euro BOBL125.885-0.120-0.10%  
 UK Gilt118.31+0.12+0.10%  
 US 2 YR T-Note110.23-0.02-0.02%  
 US 10 YR T-Note133.29-0.14-0.10%  
 US 30 YR T-Bond146.30-0.27-0.18%  
Recent Activity
Central Banks Rates
  Central Banks Interest Rates Next Meeting  
 
  FED0.00%-0.250%Jun 20, 2012 
  ECB1.000%Jun 07, 2012 
  BOE0.500%Jun 07, 2012 
  SNB0.000%Jun 14, 2012 
  RBA3.750%Jun 05, 2012 
  BOC1.000%Jun 05, 2012 
  RBNZ2.500%Jun 13, 2012 
  BOJ0.100%May 23, 2012