Analysis: Currencies

EURO / US DOLLAR (EUR/USD): Precipitated agreement in Congress

After an attempted amendment quickly removed, the House of Representatives, Republican majority, preferred in emergency voted the agreement, itself reached yesterday by the Senate and the White House,...

EURO / US DOLLAR (EUR/USD): Time of concessions

The euro is horizontally moving, remarkable for its low trading volumes, however, significantly resistant to the persistent failure of negotiations about the “fiscal cliff”. In an emergency,...

EURO / US DOLLAR (EUR/USD): Near the annual record

Recent events have helped to ease tensions in the Eurozone and that investors expect a favorable outcome to the negotiations around the U.S. fiscal cliff, the Euro continues to rise, now approaching...

EURO / US DOLLAR (EUR/USD): For a few dollars more

The Euro is approaching again our resistance to 1.3130 with the announcement of new asset purchases by the Federal Reserve and an agreement on the European banking supervision, yet now the Euro could...

EURO / US DOLLAR (EUR/USD): Upper bound of a trading range as target

Few punishable by bad news from the Old Continent, the euro was swept away by the risk appetite and the relative weakness of the dollar. Regardless of whether the Eurozone fell into recession in...

EURO / US DOLLAR (EUR/USD): 250 pips in two days

The decline of Euro follows the downward revisions of ECB’s forecasts. The acceleration of profit taking was caused by the press conference of Mario Draghi when he stated that the decision of a...

EURO / US DOLLAR (EUR/USD): Major technical level

Euro has completely flip-flopped in contact with our medium-term resistance and the flow of European good news should be exhausted, the wait and see attitude could now happen. The investors are now...

EURO / US DOLLAR (EUR/USD): Agreement on Greece

After the third meeting in two weeks, world leaders have finally reached an agreement on Greece, on the night of November 26 to 27, supporting risk appetite and eclipsing the failure of the last...

US DOLLAR / JAPANESE YEN (USD/JPY): Highest since 7 months

Macro-economy is sluggish and political instability in the Japanese archipelago, appeasement around the fiscal cliff, return of risk appetite: several factors explain the fall of Japanese...

EURO / US DOLLAR (EUR/USD): End of suspense

Euro recovers when Greece should once again be saved while the “fiscal cliff” and the situation in the Eurozone could continue to focus attention of operators in the coming days. Following an...

EURO / US DOLLAR (EUR/USD): Uncertainties on both sides of the Atlantic

Greece was still the main subject in Europe in recent days, negotiations for new aid did not ultimately reach an agreement. Creditors have granted a period of two years for the country to achieve...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Monetary and political status quo

Australian currency outperformed its counterparts in the foreign exchange market after the unexpected decision of the central bank to keep interest rates unchanged. After a drop of a quarter point...

EURO / US DOLLAR (EUR/USD): Black friday !

As U.S. indices have not benefited from good U.S. employment figures, the Euro falls, while concerns remain about the negotiations in Greece. In the Eurozone, where the unemployment rate has...

EURO / US DOLLAR (EUR/USD): US investors are back!

The Euro continues its trading range around USD 1.30 with a strong resistance to negative information. Already penalized by the return of risk appetite following the publication of a U.S. growth rate...

BRITISH POUND / US DOLLAR (GBP/USD): United Kingdom out of recession

The Sterling could remain strong in the short term, after a growth rate rose sharply in the third quarter while the U.S. economy is also accelerating. After three consecutive quarters of decline,...

EURO / US DOLLAR (EUR/USD): Waiting the spanish's request

Enjoying a peaceful atmosphere, the euro retains some strength although Spanish government equivocations and protracted negotiations in Greece allow some doubt. The Moody's decision not to...

US DOLLAR / SOUTH AFRICAN RAND (USD/ZAR): Wildcat strike in South Africa

The South African Rand is pressurized while the mining sector in Africa's biggest economy suffered of strikes that threaten the growth of the country. The movement also extends to the gold mines...

EURO / US DOLLAR (EUR/USD): Attractive around USD 1.30

The shilly-shallying of the euro continues these days, both supported by the ECB and good U.S. data and penalized by weak European indicators and worries about the endless fiscal crisis. American...

EURO / US DOLLAR (EUR/USD): Heavy macroeconomics

International macroeconomics still struggles to show signs of recovery. After the ECB and the Federal Reserve, the Bank of Japan increased its program of asset purchases before the announcement by...