Forex Forums |

Go Back   Forex Lasers Forum > FOREX TRADING > Forex Discussion

EUR/ USD Daily News

Forex Discussion

LinkBack Thread Tools Search this Thread
Old 04-06-2012, 14:56
Level 1 Lasers Member
Join Date: Jun 2012
Posts: 3
Default EUR/ USD Daily News

The U.S. dollar bounced back during Asian trading session, recovering losses suffered after Friday’s disappointing jobs report, as a sell-off in commodity and Asian equity markets pushed investors toward the currency’s safe-haven appeal. The euro is expected to resume decline as European leaders are failing to agree on how to resolve the region’s debt crisis.

According to data from the Commodity Futures Trading Commission on June 1, Futures traders boosted their net shorts contracts to a record high that the euro will depreciate against the dollar. The euro may face resistance around $1.2515, boosted by short-covering.

Traders will be looking for new hints on potential monetary stimulus on Thursday, when the Fed chief Ben Bernanke testifies before a congressional committee about the U.S. economy.

London markets were closed today, high volatility is expected.

(Read more
Reply With Quote
Old 24-04-2022, 15:05
Level V Lasers Member
Join Date: Jun 2015
Posts: 755
Default Re: EUR/ USD Daily News

Last night I just reviewed the whole market from FreshForex MT4 terminal where I saw USD is now trying to recover huge downtrend even GBP is continues for downtrend.

Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Daily News about the EUR/USD pair Emmafx Forex Discussion 1 26-04-2022 16:15
Do you ever get 'caught' by News Events? Egwig General MT4 / MT5 discussion 5 13-08-2015 08:15
Trading News Events In The Forex Marketplace technicaltrader Forex Discussion 3 18-05-2014 02:49
OctaFX.Com - Financial News and Analysis farid News trading 341 27-01-2014 16:44

All times are GMT. The time now is 23:02.

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2023, vBulletin Solutions, Inc.