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European Markets Fall, Rumors Of Spain Downgrade

May 17, 2012 , add a comment

The European session had no economic calendar today, apart from the Spanish bond auction raising close to €2.5B in 3, 3.5 and 4-year notes at higher yields than the previous sale: 4.375% (from 2.890%), 4.876% (from 4.0375%) and 5.106% (from 3.374%).
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Monti,hollande,merkel,cameron,von Rompuy Videoconference Scheduled For About 1530 Gmt – Reuters Citing Italian Sources

May 17, 2012 , add a comment

MONTI,HOLLANDE,MERKEL,CAMERON,VON ROMPUY VIDEOCONFERENCE SCHEDULED FOR ABOUT 1530 GMT – REUTERS CITING ITALIAN SOURCES

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Forex: GBP/USD Sits Quietly Above 1.5900

May 17, 2012 , add a comment

Sterling lost further ground against its US counterpart on Wednesday, closing down 0.5% to 1.5907 and underperforming vs. most of its major peers after the BoE`s quarterly inflation report, where forecasts for growth were reduced and expectations for inflation were for a decline in CPI to below 2.0% over the next two years.
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Bullard – Questionable Whether Slowdown In Growth In China Would Hurt U.S. Economy

May 16, 2012 , add a comment

BULLARD – QUESTIONABLE WHETHER SLOWDOWN IN GROWTH IN CHINA WOULD HURT U.S. ECONOMY

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Buy NZD/JPY @ 61.890 By Signal Factory

May 16, 2012 , add a comment

Buy NZD/JPY @ 61.890 By Signal Factory | SL:60.390 | TP:62.490 | 2012.05.16 12:31 GMT

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US Dollar Index Classical Technical Report 05.16

May 16, 2012 , add a comment

US Dollar Index Classical Technical Report 05.16 Forex 1

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Brent Crude Futures Settle At $112.24/bbl, Up 0.60 Pct

May 16, 2012 , add a comment

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Buy EUR/NZD @ 1.65422 By Signal Factory

May 15, 2012 , add a comment

Buy EUR/NZD @ 1.65422 By Signal Factory | SL:1.65022 | TP:1.66222 | 2012.05.15 14:11 GMT

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Forex: EUR/USD Falls On Data, Capped At 1.2869

May 15, 2012 , add a comment

The European opening came out corrective from yesterday`s decline and accomplished to reach a high at 1.2869, buoyed by better than expected Germany provisional GDP, hinting a 0.5% quarterly growth in Q1, instead of 0.1% consensus.
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Research: Eur/usd – Trading Strategy, Trigger Points, And Support And Resistance Levels

May 14, 2012 , add a comment

RBS has given the following trading strategy, trigger points, and support and resistance levels:

TRADING STRATEGY: Sell any return rallies above 1.2933 tuck stops above 1.3004 at 1.3020 and target 1.2632. 
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