Dollar Higher on a Day of Fundamental Relief… Euro: Why is the Market So Reserved after Greece’s Bailout? British Pound Slides Against Euro, Dollar, Yen Despite Four-Year High Surplus Japanese Yen Traders Hold Breath for Possible Risk Aversion Swell Australian Dollar Sliding Across the Board as Neutral RBA, Risk Off Weigh Canadian Dollar Decline Deviates…
Euro: Why is the Market So Reserved after Greece’s Bailout?
Greek Saga and Uncertianty Continue; Yen Emerges as Major Story
Greece agreement out of the way but saga still ongoing UK Telegraph highlights some of the risks ahead Yen emerging as the major story amidst Eurozone mess USD/JPY breaks back above 80.00 for first time in 6 months Daily RSI at highest level in over 10 years The fallout from the latest Greece agreement has…
Yen Selling Continues, Euro May Rise on PMI, Pound Eyes BOE Minutes
Talking Points Japanese Yen Selloff Continues as US Treasury Bond Yields Rise Euro May See Brief Gains as PMI Data Shows Mild Improvement British Pound Focused on BOE Minutes as Traders Shape QE Bets Major currencies stand little changed against the US Dollar in late Asian trade, with markets apparently taking a breather after yesterday’s…
Afternoon Report: Bailout scepticism keeps lid on rally
Afternoon Report: 18.00 This afternoon the Dow Jones passed 13,000 briefly for the first time since 2008. However, away from this milestone, it has been a decidedly mixed days trading. The euro has made little progress through the day as analysts unpick the latest Greek bailout, with many already predicting the need for another one…
Morning Report: Euro leads in cautious trading
Morning Report: 08.30 London This morning, markets appear to be cautiously optimistic despite analysts continuing to unpick the Greek debt detail even before the ink is dry. The euro is showing some relative strength, especially the EUR/ JPY which is up 0.67% in early trading. This move comes primarily on the back of the yen’s…















































