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Entries Tagged ‘Downside’

European Market Update: Euro Zone employment falls by record amount; USD firmer after Russia noted the BRIC nations were not planning to discuss new global reserve currencies

- Equity markets in Europe followed Asian session weakness by opening to the downside, extending a two-day negative trend. The weekend’s corporate and political news generally trended in a bearish fashion. Geopolitical stress on the Korean peninsula ……
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European Market Update: Euro Zone employment falls by record amount; USD firmer after Russia noted the BRIC nations were not planning to discuss new global reserve currencies

- Equity markets in Europe followed Asian session weakness by opening to the downside, extending a two-day negative trend. The weekend’s corporate and political news generally trended in a bearish fashion. Geopolitical stress on the Korean peninsula ……
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BFI: Currency market commentary

EURUSD Right now the pair is staying in range 1,3390-1,3310/1,3290. Possible downside rebound will bring the rate as low as 1,3200. GBPUSD Possible return to the area of 1,4950 and only fall below 1,4630 will cancel this scenario. …
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