EUR/USD Approaches Parity: 20-Year Low This past week we witnessed the Euro at a 20-year low, briefly falling slightly below parity with the USD. However, this was short-lived as Forex traders bought the Euro across…
Tagged By eur
Yen Weakens, Dollar Outlook and A Week Of Powerhouse Market Events
Yen Weakens The yen weakened against the USD and Euro overnight as the demand for the safe-haven yen lowered in view of the recent rebound in global stocks and the decline in U.S. Treasuries. Technical…
EURUSD: Parity in the Rear-View Mirror for Now
EURUSD and the French Elections Sundays round 1 of the French elections decisively ended the political risks to the Euro’s demise for the time being as far as France was concerned. However, Mondays Euro rally…
Today’s Shaker – The Euro
As expected, today’s much anticipated European Central Bank Interest Rate Decision, ECB Monetary policy statement and press conference with ECB president Mr. Mario Draghi, caused huge volatility in the Forex market and particularly with the Euro…
Forex Trading – Will March Be The Pivotal Month?
As we roll into March, I believe the Forex chips will start to fall into place. We start with the all-important question; will Global equities find the footing they are so desperately looking for? Oil…