Jan14

FOREX-Euro falls as Bund auction raises funding concerns

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NEW YORK (Frankfurt: A0DKRK - news) , Jan 4 (Reuters) – The euro slipped to a near one-week low against the dollar on Wednesday after a muted German Bund auction raised concerns about demand for euro zone independent debt and the potential for higher borrowing costs for already troubled economies.

While the German 10-year auction was an improvement on a similar debt sale in November (Stuttgart: A0Z24E - news) , which had raised fears the bloc’s debt crisis was spreading to its strongest state, it was not enough to allay concerns. Click here to read more.. »

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Jan14

Forex Market Outlook 1/3/12

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Buy Buy Buy!  At least that’s how the New Year is starting out, as the markets are decidedly risk-taking mode after the shortened holiday trading sessions.  Global financial markets are set to open higher, led by stocks and commodities.  The fact that markets couldn’t revive higher to end the year may bode well for the start of 2012, but will it take up again right through the year? Click here to read more.. »

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Jan14

FOREX: Euro Trend Hinges on Merkel / Sarkozy Meeting, French Bill Sale

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The near-term outlook for the Euro, the US Dollar and most major currencies hinges on the sentiment impact of a meeting linking French and German leaders.

Talking Points

  • US Dollar Seesaws with Risk Sentiment Trends in Overnight Trade
  • Fed’s Bullard Says Additional QE Unlikely as US Recovery Firms
  • Markets’ Focus Turns to Merkel / Sarkozy Meeting, French Bill Sale Click here to read more.. »
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Jan14

FOREX-Euro’s bounce from 16-month low unlikely to last

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LONDON, Jan 9 (Reuters) – The euro crawled back from a fresh 16-month low to the dollar on Monday as traders trimmed small positions, but further declines were anticipated as worries over independent funding and prospects for the euro zone state kept most investors bearish.

Markets were awaiting a meeting linking German Chancellor Angela Merkel and French Head Nicolas Sarkozy where they will chat about ways to boost growth and finalise details of a deal to increase monetary coordination in the euro zone. Click here to read more.. »

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Jan14

Online Trading Academy’s Ron De Appolonia to Host an “Understanding the Markets” Workshop in Calgary, Canada

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General Manager of Online Trading Canada Academy will be hosting a workshop in Calgary, Canadaon January 17, 2012 and January 18, 2012
Calgary, Canada (PRWEB) January 09, 2012

Online Training Academy Canada, will host a live event to teach Canadians how to know the financial markets. Ron De Appolonia will be providing two days of free professional trading education on Tuesday, January 17, 2012 and Wednesday, January 18, 2012 from 8:30 am to 4:30 pm. These workshops will take place at the Calgary Telus Convention Centre convention hall at 120Ninth Avenue SE, Calgary, Alberta, Canada T2G 0P3. Click here to read more.. »

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