Markets were thrilled by the joint announcement by six of the world’s major central banks to boost liquidity, as well as China’s loose tion of monetary policy last week. DOW jumped from an intraweek low of 11,232 to As High As 12,146 before closing at 12,019, back above 12,000 Market Gain.
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
AUD / USD Gave up some of the overnight gains During the Asia morning as the detail came Into the markets about what it meant in the long term and as Many larger names across the markets believe the actions were a clear sign of last resort. The Australian data releases were
View full post on Action Forex (ALL)
Markets remained Vulnerable to headlines with the latest victim of the rumor mill being Frenchtown yields. Yield of France’s 10-year bonds surged to highs of Nearly third 48% amid rumors of a rating downgrade. The Also weighed on the common currency but only Briefly as S & P Confirmed That France’s credit rating remained
View full post on Action Forex (ALL)
Market sentiments were given a strong boost today as EU leaders finally made some progress after the highly Anticipated summit in Brussels. DOW managed to rebound from Strongly intraday low of 11,694 to close at 11,869, up 162 pts or first 4%. Dollar on, The Other hand, ERASED most gains Against
View full post on Action Forex (ALL)