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Euro News

Accendo Markets Weekly Roundup, 19 Apr 2013 - Gold bugs out, Banks warm-up, Support intact

19 Apr 2013 @ 19:00
Another down week for the UK flagship index  with a revisit to near April lows of 6215 and hand-rubbing by bargain hunters looking for a rebound. Declines driven by more intense fears over global growth (emerging + developed), with weaker Chinese weekend growth data (as suggested last week) seeing the prior Friday’s sell-off in risk […]
 

Nokia closes loss gap but shares fall

19 Apr 2013 @ 06:00
339m-euro loss compared to 1.57bn in 2012 Nokia shares have fallen by 13% after the smartphone manufacturer announced it had made a loss of 339m-euros in the first quarter of 2012. The company saw a 13% decrease in sales of its Lumia brand, contributing to a 20% fall in revenue to 5.85bn-euros from 7.35bn. Commenting […]
 

EURUSD Technical Analysis (April 18, 2013)

18 Apr 2013 @ 10:05
In the yesterday’s session, the EURUSD had a bearish day, thanks to economic data that did not favor this pair. The EURUSD is facing a very important: The support at the 1.2995 level. If the EURUSD does a breakout in this support, it is likely that the EURUSD can fall to the next support level […]
 

IMF: The Road to Recovery Will Remain Bumpy

17 Apr 2013 @ 07:03
Earlier today, the International Monetary Fund released its semi-annual World Economic Outlook, subtitled “Hopes, Realities, Risks.” From a 30,000 foot view, the IMF thinks that the world economy is beginning to recovery from a slow 2012 although risks to the economy are still being considered high “in the medium term.”  The report cited two major […]
 

EURUSD Fundamental & Technical Analysis (April 16, 2013)

16 Apr 2013 @ 13:23
The EURUSD had a bearish week start, which, indicates that this pair has a desire to want to continue the long-term trend: bearish. The EURUSD is approaching to the psychological support level of 1.30, a significant level at which many traders, they decide to buy or sell, in large quantities. Currently, the EURUSD is below […]
 

EURUSD Fundamental & Technical Analysis (April 11, 2013)

11 Apr 2013 @ 14:20
The EURUSD has been moving in sideways, like other pairs who are waiting to define their trends for the coming days. The EURUSD has met with the strong resistance at the level of 1.3085, which coincides with the 200 day moving average, that is currently doing dynamic resistance on this pair. In yesterday’s session, there […]
 

EURUSD Fundamental & Technical Analysis (April 9, 2013)

09 Apr 2013 @ 10:05
The EURUSD had a week very bullish, which, provided many opportunities for traders to place buy orders in this pair though, we must be careful with this sudden “change of trend” because it could be a “false positive” . The EURUSD has started this week, moving in range and currently, is facing a resistance level […]
 

Accendo Markets Weekly Roundup, 5 Apr 2013 - BoJ surprise, NFP miss, QE fatigue, Equities retreat

06 Apr 2013 @ 02:53
It’s that time again and despite being a shortened week post-Easter it has been a busy one. Disappointing Manufacturing updates from Japan, China and the US while we were scoffing chocolate were offset on our return by slightly better figures from Europe which saw the week start on the front foot and the UK flagship […]
 

EURUSD Fundamental & Technical Analysis (April 4, 2013)

04 Apr 2013 @ 11:04
The EURUSD rose about 40 pips in yesterday’s session, touching a strong resistance on the way, that stopped their upward momentum. ¿Will the EURUSD go bullish or bearish for today’s session? The EURUSD found strong resistance at 1.2858, near the 200 day moving average. At that level, they formed a strong “congestion zone”, making a […]
 

Accendo Markets Weekly Roundup : Cyprus & bail-ins added to list; Uncertainty vs. risk appetite

29 Mar 2013 @ 03:45
And so we add Cyprus to the list of Eurozone sovereign debt crisis bailouts. We can also add bail-ins of bank deposits (haircuts on uninsured deposits >€100K) and total bank investor wipe-outs to the list of self-help measures imposed by those holding the bailout purse strings. Politicians can shout all they like about Cyprus (often with mixed messages) being a special case and not...
 
 
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