Daily Video Recap (4/8): Euro Claws Back Overnight Losses on Growing Greece Concerns


The EUR/USD slid to 1.3280 in today’s trading as overnight pressure built on Greece. The country’s stocks and bonds fell as the risk premium demanded by investors continued to rise. The Euro did manage to pare its losses in NY trading. In other news the BOE held rates steady and posted some strong production data while US jobless claims came in higher than expected. News Provided by FXTimes/CMS Forex www.fxtimes.com http Analyst: Nick Nasad Open up a free practice account and start trading Forex today.

Daily Video Recap (4/7): Euro Slides Further on Greece Concerns, Loonie Finds Support at Parity


Recap: The EUR/USD slid below 1.3350 in today’s trading continuing its decline from the beginning of the week, while the EUR/JPY was testing the 125 support level. The Pound and Aussie consolidated in today’s trading, while the Canadian Dollar gave back some recent gains after touching 0.9750 against the greenback. News Provided by FXTimes/CMS Forex www.fxtimes.com http Analyst: Nick Nasad Open up a free practice account and start trading Forex today.

Daily Video Recap (4/6): Aussie Higher On RBA Hike, Euro Slides on Renewed Greek Worries


Recap: The Aussie pushed to its highest level against the US Dollar since mid-January as the RBA hiked rates to 4.25%. Greek bonds and credit default swaps came under renewed pressure following the return of European traders from holiday and the EUR/USD fell to the 1.3350 area. The USD/CAD hit parity, the USD/JPY receded on lower US Treasury yields, and the GBP/USD managed to win back its losses from the overnight session. News Provided by FXTimes/CMS Forex www.fxtimes.com http Analyst: Nick Nasad Open up a free practice account and start trading Forex today.

Daily Forex News Recap (11/08): Euro Sold on Ireland Debt Concerns


Find more News at www.fxtimes.com. We start this week with the Euro being pressured as a result of widening spreads on Irish government bonds and rising credit default swaps. There are concerns that Ireland will not be able to meet its deficit reductions and will have to tap the EU Stabilization Fund. That would be a negative Euro event, and has the Euro already on the back-foot to start the week. News Provided by FXTimes.com http Chief Market Analyst: Nick Nasa

Forex Technical Update 11/11/2010 – Preparing for a Euro Rebound


www.fxtimes.com – Forex News, Analysis, Education, Live-events The stories on the Euro have been very bearish, particularly regarding sovereign debt issues in Ireland. We see the euro decline across the board this week. After an initial swing such as this week’s, let’s see if the euro will take a breather. The market is a bit manic as debt issues re-emerge for the eurozone. But if there is a correction to this week’s downtrend, or a continuation of the intermediate term uptrend, which currency pair should we expect the biggest move from? EUR EUR/GBP, EUR/AUD, EUR/CAD, EUR/CHF, EUR/JPY. Fan Yang CMT, Chief Technical Strategist FXTimes

Euro on the move…


The EUR/USD has been on the move over the last couple of weeks to months. In this video, I show you how to trade it…