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Currency markets this morning are rocking in the aftermath of the developments in Greece over the weekend and the decision of the Greek government to keep its banks closed for the week ahead. The...
Over the past 24 hours we have seen limited price action in the major money markets we monitor each day and the reason behind this is two-fold: first, traders globally are mainly focused on the Greek...
More volatility in the financial markets yesterday and again little change in terms of major instruments finding a direction. With all eyes on the Greek debt talks since we had no important reports...
A continuation of Monday’s price action was the theme of the markets over the past 24 hours as the major instruments we monitor daily continued on the same mood. With only a few important...
The first session of the week was quite volatile and we saw interesting price action in most money markets even though we had a very light economic calendar. However we had progress in the Greek debt...
Mixed trading conditions on Friday as market participants were mostly focused on the Greek issue and the Finance Ministers’ meeting with the negotiations between the Greeks and their creditors...
Currency markets remained active and price action was very interesting over the past day and the theme was once again the aftermath of the FOMC meeting on monetary policy. We’ve explained in our...
Increased volatility in the currency markets over the past 24 hours on the back of two important fundamental events: the FOMC decision on the Fed interest rate policy and the release of the BoE...
We’ve witnessed choppy price action across most major instruments during this week and the reason behind this type of price action is the increased level of uncertainty surrounding Europe, the...
On Friday the price action in the major money markets was more or less smooth as we had little in terms of fresh news and volatility was on low levels but this is not to mean that we weren’t...
The US Dollar was in focus yesterday for yet another session as market participants and analysts were waiting for the release of the Retail Sales report to dictate price action. Expectation were set...
Major money markets had a smoother session over the past 24 hours compared to what we have become accustomed to during this week and even though we saw attractive price action there was a set...
Volatility and frequent change of direction has been the theme in the currency markets over the past couple of days. The major currency pairs have been illustrating elevated levels of volatility on...
The Dollar’s bullish rally didn’t last for more than a day as it seems with the price action over the past 24 hours having reversed and the US currency gave up most of its recent gains...
Dollar is finally back as it seems and it’s back with a shout. The US currency was on focus last Friday due to the Non-Farm Payrolls report which is always regarded as the most important report...
And here we are a few hours before the release of the Non-Farm Payrolls report from the US economy which we know is the most market-moving event in the currencies’ universe and will most...
More volatility and more attractive price action was the theme of the day yesterday in the major instruments we monitor in our daily report. There was a divergence of price action across the different...