something interesting

<  BACK TO Market Analysis

European stocks step lower

FOREX_european-stocks_FXPIG

Gains for European stocks largely faded Tuesday, with investors considering results of U.S. President Trump’s unprecedented summit with North Korean leader Kim Jong Un in Singapore.

How markets are performing

The broader Stoxx Europe 600 Index SXXP, +0.07% slipped by less than 1 point to 387.80 after rising as much as 0.4%. The basic materials and oil and gas groups led declining sectors, but the utility and tech groups moved higher. On Monday, the index rose 0.7%, the first rise in five sessions.

Germany’s DAX 30 index DAX, +0.05%  flipped down, losing 0.1% to 12,827.12. France’s CAC 40 index PX1, -0.19% reversed course and fell 0.3% to 5,454.63.

In London, the FTSE 100 UKX, -0.26%  fell 0.3% to 7,712.46, also giving up early gains.

But Spanish and Italian stocks advanced. Spain’s IBEX 35 IBEX, +0.32%  was up 0.5% to 9,943.00, and Italy’s FTSE MIB index I945, +0.48% rose 0.3% to 22,148.03. That extended Monday’s 3.4% leap, seen after Italy’s economy minister said the country’s new coalition government is committed to eurozone membership.

Investors continued to snap up Italian debt, driving down the yield on Italy’s 2-year note TMBMKIT-02Y, -17.06% by 24 basis points to 0.84%, according to Tradeweb. Yields fall when bond prices rise. The yield on 10-year TMBMKIT-10Y, -1.10%  fell 8 basis points to 2.7%.

The euro EURUSD, -0.0170% traded at $1.1796, slightly higher than $1.1785 late Monday in New York.

What’s driving markets

European bourses started to retreat after posting gains at the open. When trading got underway, Trump and Kim had signed a joint document pledging to work toward the complete denuclearization of the Korean Peninsula, but the statement was criticized as lacking detail on the verification of the process.

The meeting was unprecedented as it was the first between a U.S. sitting president and a North Korean leader.

“The lack of a response [in the markets] though may be a reflection of the fact that the agreement still lacks some detail and given the unpredictable and volatile nature of the two leaders, there’s no guarantee that it won’t run into significant difficulties. Still, progress is important which makes today a big success,” said Craig Erlam, senior market analyst at Oanda, in a note.

Meanwhile, the Brexit issue returns to the fore, as U.K. lawmakers in the House of Commons will begin debating amendments by the House of Lords to the bill that takes the U.K. out of the European Union. The 15 amendments include a measure to keep the country in the EU’s customs union.

Prime Minister Theresa May’s Conservative government runs the risk of losing its bid to overturn some of the amendments if enough Conservative lawmakers decide to vote alongside opposition parties.

Central banks in motion

Beyond geopolitics, traders are focusing on central-bank meetings this week. The Federal Reserve begins its two-day meeting on Tuesday and markets expect an interest-rate hike on Wednesday. On Thursday, European Central Bank policy makers are expected to announce the timing for unwinding its bond buying. The Bank of Japan will release a policy update Friday.

“There seems to be suggestions that the ECB is going to reduce QE, but I’m scratching my head on how they can actually do that. Industrial production in Germany and France has slowed, credit growth has slowed, retail sales are slowing,” said Kully Sumra, vice president of international services at Charles Schwab, in an interview.

“And the Bank of Japan ... looks like they’ve may have reached a cyclical corner and things might be slowing down a little. This week is really going to be marked by a continuing divergence between the three big central banks. The Fed has a very clear path in terms of hiking rates and the ECB and the Bank of Japan, much less so.”

Stocks in focus

French retailer Casino Guichard-Perrachon SA CO, +0.79%  climbed 3%, but pared bigger gains, after it revealed plans to sell non-core assets worth about 1.5 billion euros ($1.77 billion) to accelerate its debt-reduction efforts in France.

Economic data

Basic wages in the U.K. rose 2.8% in the three months to April, the Office of National Statistics said Tuesday. Analysts polled by FactSet were looking for a 2.9% rise in wages excluding bonuses. The unemployment rate remained at 4.2%, meeting expectations.

Source: marketwatch.com

Gains for European stocks largely faded Tuesday, with investors considering results of U.S. President Trump’s unprecedented summit with North Korean leader Kim Jong Un in Singapore.

How markets are performing

The broader Stoxx Europe 600 Index SXXP, +0.07% slipped by less than 1 point to 387.80 after rising as much as 0.4%. The basic materials and oil and gas groups led declining sectors, but the utility and tech groups moved higher. On Monday, the index rose 0.7%, the first rise in five sessions.

Germany’s DAX 30 index DAX, +0.05%  flipped down, losing 0.1% to 12,827.12. France’s CAC 40 index PX1, -0.19% reversed course and fell 0.3% to 5,454.63.

In London, the FTSE 100 UKX, -0.26%  fell 0.3% to 7,712.46, also giving up early gains.

But Spanish and Italian stocks advanced. Spain’s IBEX 35 IBEX, +0.32%  was up 0.5% to 9,943.00, and Italy’s FTSE MIB index I945, +0.48% rose 0.3% to 22,148.03. That extended Monday’s 3.4% leap, seen after Italy’s economy minister said the country’s new coalition government is committed to eurozone membership.

Investors continued to snap up Italian debt, driving down the yield on Italy’s 2-year note TMBMKIT-02Y, -17.06% by 24 basis points to 0.84%, according to Tradeweb. Yields fall when bond prices rise. The yield on 10-year TMBMKIT-10Y, -1.10%  fell 8 basis points to 2.7%.

The euro EURUSD, -0.0170% traded at $1.1796, slightly higher than $1.1785 late Monday in New York.

What’s driving markets

European bourses started to retreat after posting gains at the open. When trading got underway, Trump and Kim had signed a joint document pledging to work toward the complete denuclearization of the Korean Peninsula, but the statement was criticized as lacking detail on the verification of the process.

The meeting was unprecedented as it was the first between a U.S. sitting president and a North Korean leader.

“The lack of a response [in the markets] though may be a reflection of the fact that the agreement still lacks some detail and given the unpredictable and volatile nature of the two leaders, there’s no guarantee that it won’t run into significant difficulties. Still, progress is important which makes today a big success,” said Craig Erlam, senior market analyst at Oanda, in a note.

Meanwhile, the Brexit issue returns to the fore, as U.K. lawmakers in the House of Commons will begin debating amendments by the House of Lords to the bill that takes the U.K. out of the European Union. The 15 amendments include a measure to keep the country in the EU’s customs union.

Prime Minister Theresa May’s Conservative government runs the risk of losing its bid to overturn some of the amendments if enough Conservative lawmakers decide to vote alongside opposition parties.

Central banks in motion

Beyond geopolitics, traders are focusing on central-bank meetings this week. The Federal Reserve begins its two-day meeting on Tuesday and markets expect an interest-rate hike on Wednesday. On Thursday, European Central Bank policy makers are expected to announce the timing for unwinding its bond buying. The Bank of Japan will release a policy update Friday.

“There seems to be suggestions that the ECB is going to reduce QE, but I’m scratching my head on how they can actually do that. Industrial production in Germany and France has slowed, credit growth has slowed, retail sales are slowing,” said Kully Sumra, vice president of international services at Charles Schwab, in an interview.

“And the Bank of Japan ... looks like they’ve may have reached a cyclical corner and things might be slowing down a little. This week is really going to be marked by a continuing divergence between the three big central banks. The Fed has a very clear path in terms of hiking rates and the ECB and the Bank of Japan, much less so.”

Stocks in focus

French retailer Casino Guichard-Perrachon SA CO, +0.79%  climbed 3%, but pared bigger gains, after it revealed plans to sell non-core assets worth about 1.5 billion euros ($1.77 billion) to accelerate its debt-reduction efforts in France.

Economic data

Basic wages in the U.K. rose 2.8% in the three months to April, the Office of National Statistics said Tuesday. Analysts polled by FactSet were looking for a 2.9% rise in wages excluding bonuses. The unemployment rate remained at 4.2%, meeting expectations.

Source: marketwatch.com

lastest Articles

PAMM News
Managed Forex Accounts Daily Results (18.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold attempts rebound after marking 2018’s lowest settlement
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Because trading seems difficult today
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
US Dollar gathers pace, flirting with 95.00
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD in a bearish mood as last week's selloff sees the pair struggling to recover to 1.33
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Weekly Update (11.06-15.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Forex Week Ahead: Dollar Higher After Fed Hike and Dovish ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (15.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD remains near 1.3300, consolidates weekly losses
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD struggles to recover its losses, stays near mid-0.74s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD off lows, still in red near 1-month lows
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: You will always remember the trades
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
USD/JPY fails ahead of 111.00 mark, drops back closer to session lows
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD drifting below 1.3250 ahead of a thin Friday session
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (14.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold climbs toward highest finish in a month after ECB, Fed policy decisions
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD retreats from tops near 1.3450
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Focus instead on those-eckhart
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Euro climbs, dollar slips with ECB decision on deck
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Asian markets swing lower after Fed rate hike
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (13.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Fed will raise interest rates - here’s what it will do to keep market calm
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
DAX moves higher ahead of Fed rate announcement
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Pound at Risk on UK CPI, US Dollar to Rise on Hawkish Fed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Prices May Finally Break Trend Support on Hawkish Fed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (12.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Mr. Markets
Where do we go from here?
https://secure.gravatar.com/avatar/8b0332acc130dc650331fd558f82add2
Market Analysis
FTSE 100 pulls back, with investors underwhelmed by Trump-Kim pledge
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold prices drop in wake of Trump-Kim pact as attention fixes on interest rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Blow to Theresa May as U.K. minister resigns ahead of crucial Brexit vote
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
European stocks step lower as Trump-Kim pledge ‘lacks some detail’
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Novice traders trade 5 to 10 times too big-kovner
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
AUD/USD Outlook Mired by Failed Attempt to Break Trendline Resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (11.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
PAMM News
Managed Forex Accounts Weekly Update (04.06-08.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold holds to tight range ahead of North Korea summit, expected Fed rate action
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Trump Continues to Lash Out at Allies
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD a test of 1.35/1.36 remains on the cards – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/GBP faces upside prospects this week – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY makes a run for 110.00 as risk appetite swings back into the Monday markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Market Events Ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead: Dollar Struggles as Geopolitics and Central Banks Take Center Stage
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (08.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Pound rebound to be kept in check by Brexit talks: Reuters poll
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD room for a move above 1.3100 – Scotiabank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
China: May trade surplus of just less than $25 bln - BBH
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD stays above 1.3000 ahead of Canadian jobs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote:Never depend on single Income. Make investment to create a second source
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/JPY gains to 131.34/48 are not ruled out – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/GBP faces further upside very near term – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (07.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Sterling at two-week highs on broad dollar rout
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Mr. Markets
Simplicity; The art of success.
https://secure.gravatar.com/avatar/8b0332acc130dc650331fd558f82add2
Market Analysis
USD/JPY – Japanese Yen Edges Higher, Final GDP Next
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY neutral, still within 108.50/110.50 range – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote:Trade within your ability and risk tolerance-pig insider
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
AUD/USD sticks to softer Aussie data-led weakness, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD stays firm around 1.1800 ahead of EMU data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (06.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD – Pound Slightly Higher, Investors Look for Economic Cues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar recovery seen as an earnings risk on horizon
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: Ivey PMI drops to 62.5 to miss market expectation of 69.7
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
NZD/USD could advance to the 0.7080 region – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: The game is my wife-pig insider
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
USD/JPY jumps to 2-week tops, testing 200-DMA hurdle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD looks to consolidate the breakout of 1.1700
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (05.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Gold rebounds and approaches $1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY Technical Analysis: breaks below 50-hour SMA, now seems vulnerable
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY continues to push lower below 110 despite USD strength
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
FOREX Trading Quote:successful people-Buffet
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Sterling jumps after better-than-expected UK services data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Dollar stabilises below last week's highs, supported by data, yields
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Aussie keeps losses post-RBA decision, UK services PMI on tap
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (04.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
USD/JPY advances to 109.70 as USD gathers strength on upbeat data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD rejected near 1.3400 mark, surrenders early gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CHF remains in red near mid-0.98s ahead of US data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Sterling edges up against dollar ahead of construction PMI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: Speculation - Livermore
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/USD faces a potential test of 1.1510 – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Aussie lifted by solid Australian data, UK construction PMI eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Weekly Update (28.05-01.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Market Events Ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead: Dollar Rises as US Jobs Outperform Despite Trade Fears
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (01.06.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Dollar inches up on stronger-than-expected jobs report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Sterling stuck near six-month low as strong UK data fails to dispel wider gloom
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD neutral, within 1.2820-1.3050 near term – Scotiabank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, AUD/USD, NZD/USD - UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote:The game is my wife-PIG INSIDER
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
EUR/USD flirting with lows near 1.1670, Italy, Spain eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: USD bounces in Asia, UK manufacturing PMI, US payrolls eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
PAMM News
Managed Forex Accounts Daily Results (31.05.2018)
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro rallies as Italy crisis concerns take back seat
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY remains capped below 109.00 handle ahead of US data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/CHF stays oversold so far – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Quips of Wisdom
Forex Trading Quote: If You Lose You-PIG INSIDER
https://en.gravatar.com/userimage/34011725/cac48086660b253b9c1e53a8b4a23604.png
Market Analysis
GBP/USD creeps back into 1.33 as risk recovery drags the GBP along for the ride
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613