Analysis: Currencies

EURO / US DOLLAR (EUR/USD): Gloomy outlook for the global economy

Euro is still above USD 1.20 but could quickly suffer from the slowdown of the Chinese economy and the inaction of the ECB and the Federal Reserve which disappoint the expectations that they have...

BRITISH POUND / US DOLLAR (GBP/USD): Central Banks’ week

Two days before a probable status quo of the Bank of England , the Sterling remains strong because the institution in early July increased the program of asset purchases of, taking advantage of both...

EURO / US DOLLAR (EUR/USD): Mario Draghi rescues the Eurozone

The President of the ECB took advantage of a conference to whet the appetite of the market, prompting other European leaders to follow him, as a busy macroeconomic week begins. In front of...

EURO / US DOLLAR (EUR/USD): USD 1.20 as a target

Spain and Greece, combined with Moody's, depress investors despite the temporary reprieve granted to the Euro by an official of the ECB. The European Finance Ministers agreed to provide up to 100...

US DOLLAR / JAPANESE YEN (USD/JPY): Bearish trend

The yen puts the dollar under pressure for a more accommodative policy across the Atlantic than on the Japanese archipelago, although the progression of the Japanese currency is still limited by the...

EURO / BRITISH POUND (EUR/GBP): Close to a key level

Despite the increasing economic difficulties in the U.K. investors have not managed to reverse the downtrend on EUR/GBP started a year ago. The latest events in the eurozone, such as the difficulties...

EURO / US DOLLAR (EUR/USD): Focus on FED

The weakness of US dollar due to expectations of the third quantitative easing allows the Euro to stabilize temporarily despite concerns about the situation in Europe and confirmation of the slowdown...

India: Rupee and economy

Since the beginning of the year, the Indian rupee has lost more than 13% against US dollar, defeating efforts of the Reserve Bank of India and showing how Central Banks are sometimes powerless to...

EURO / US DOLLAR (EUR/USD): 400 pips in one week

The Euro turned around after a start at USD 1.27 initiated by the last EU summit, now operating below 400 points, its lowest level in two years, under USD 1.23. The decline of the Euro was first...

EURO / US DOLLAR (EUR/USD): Fleeting euphoria

The euro is a bit farther from its annual lows thanks to the success of the last European summit but caution reigns over new markets before important deadlines. Investors were waiting, without...

EURO / US DOLLAR (EUR/USD): International unity against crisis

Despite the strong rebound of U.S. dollar following the meeting of the Federal Reserve , the euro remains strong on the foreign exchange market thanks to political stability in Greece and the good...

EURO / US DOLLAR (EUR/USD): Relief in Eurozone

While the G20 central banks were preparing to intervene in stock markets if the results of the new Greek elections were disappointing, New Democracy's victory limits the downward trend despite the...

US DOLLAR / JAPANESE YEN (USD/JPY): Hesitation

The yen, the favorite currency of traders in times of risk aversion, oscillates wherever conflicting signals that keep coming on the foreign exchange market : the wait-and-see policy of the Federal...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Australian dollar gets the foreign exchange market up

The Australian dollar moves away from its lows after the publication of annual growth rate in the first quarter well above expectations and despite a new tightening down of the central bank a day...

EURO / US DOLLAR (EUR/USD): The calm before the storm

On the eve of an informal meeting of EU leaders, the euro will pause after announcing new elections in Greece, the G8 has calmed markets despite a series of downgrades in Europe. The failure of...

EURO / US DOLLAR (EUR/USD): Bearish gap

The european currency fell again after significant elections in Europe when Spain goes into a recession while the ECB is silent on its intentions, Moreover, U.S. statistics exacerbate...

EURO / US DOLLAR (EUR/USD): Breakdown of USD 1.3 ?

Mixed atmosphere on the markets : China tempers enthusiasm, Spain exacerbates investors and U.S. data feed caution. This week, investors confronted with slowdown of growth in China showing that...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Cheap purchases

Australia's currency is accelerating downward on account of speculation about a rate cut by the central bank and the publication of an unexpected trade deficit. However, the currency should recover...

BRITISH POUND / US DOLLAR (GBP/USD): Towards USD 1.62

In the wake of a strong Euro, the Sterling ended the week beyond 1.60 USD despite the publication of a larger UK business contraction than expected and the accommodative policy of the central...