US Dollar Tests Key Fibonacci Support- Euro Euphoria to Subside

By Admin on January 24, 2012

The greenback is softer at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) off by 0.32% on the session. Markets have continued to rally amid an EU finance ministers meeting in Brussels where officials discussed new budget rules and private sector involvement for Greek debt with initial reports [...]

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Bank Research Consensus Weekly 01.23.12

By Admin on January 23, 2012

G3 Central Banks: Constitutional Questions Spyros Andreopoulos & Sung Woen Kang, Morgan Stanley Debt, deficits and deleveraging imply a new, post-Great Moderation economic landscape. In this changed landscape, at least some societies’ preferences are likely to shift – probably towards higher inflation, as: (i) with anaemic growth, the willingness to sacrifice some of it in [...]

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USD Index Maintains Key Support, Short-Term Correction On Tap

By Admin on January 23, 2012

DJ FXCM Dollar Index The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) remains 0.38 percent lower from the open after moving 102 percent of its average true range, and we may see the greenback depreciate further over the near-term as the index remains stuck within a downward trending channel. However, as the recent decline remains [...]

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Guest Commentary: Oil Prices Weekly Outlook January 23-27

By Admin on January 23, 2012

Oil prices only slightly slipped during last week, which is similar to their slow downward trend in recent weeks. What is up ahead for crude oil prices in the penultimate week of January? Let’s analyze the oil market and examine the main news items and events that may influence the oil market. On Friday, January [...]

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Euro Bid Above 1.3000 as Greek Debt Talks Expected to Conclude "Shortly"

By Admin on January 23, 2012

Fundamental Headlines • EU Banks May Deepen Dependence on ECB – Bloomberg • Spain Risks Deficit Spiral as Poll Postpones Cuts – Bloomberg • EU Bans Iranian Oil, Tehran Responds with Threats – Reuters • Euro Rebounds to Trade above $1.30 – WSJ • Lagarde Says Europe Must Boost Firewall – WSJ European Session Summary [...]

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