Euro News

The EURUSD is approaching a very important support, crucial for the overall development of the weekly trend in this pair. The EURUSD had a week’s start, slightly bearish, trying to break the support at the 1.2943 level. It is very possible that this pair is forming a higher low pattern to be able to break […]

Yet another hurdle cleared this week as the UK flagship index went on to make a decisive breach of 6,600. The bulls are loving it, already eyeing up the pre-crisis highs of 6,760 and then even those of 6,940 before the dot.com bust. What has taken the FTSE up another 100 points during this shortened […]

The story has been brewing for a time now and the latest development reveals Slovenia, feared to be the next and sixth country to be bailed out by EU, is doing what it can to avert a financial meltdown that has caused quite a pandemonium in the five countries that secured the same since the […]

A good way to end the week! The sun’s out, there’s a long and hopefully sunny weekend to look forward to and the UK flagship equity index has regained the 6,500 handle – MIA since mid-March. After another round of mixed macro-economic data and major announcements from central banks, on both sides of the pond, […]

The EURUSD had a bearish session yesterday, approaching to the support at the psychological level of 1.30, a very important zone. The EURUSD fell 200 pips since the economic data released yesterday, which favored the U.S. Dollar. For today’s session will be published the now famous Non-Farm Employment Change (Previous: 88K / Forecast: 146K). If […]

In yesterday’s session, there were no significant changes in the EURUSD, indicating that this pair is preparing to receive the impact of economic data that will be published in the coming hours. The EURUSD is near a strong resistance at the 1.3194 level and is a very crucial this levale because if the EURUSD break […]

Brokerage firm argues listing is a “great opportunity” Holly Su Futures Hong Kong Co., a leading futures and options brokerage in China, has joined NYSE Liffe, the European based global derivatives division of NYSE Euronext, as member of the Exchange’s London market. Membership of NYSE Liffe will enable customers of Holly Su Futures to access […]

Announced by the NYSE SAD has just issued €45 million in “Benfica SAD 2016” bonds, a highly successful operation where the demand surpassed the offer in over 10 million bonds just on the first sale day. In global terms, the demand exceeded 3.5 times the offer of 9.000.000 bonds at a nominal value of  €5, […]

This week was all about GDP growth. With on-going fears about whether China (7.7% YoY) is slowing or not, it was the turn of the UK and US to release Q1 preliminary estimates. The UK’s 0.6% YoY beat expectations (consensus flat), helped by a strong services sector. Good news also that a triple-dip recession was […]

“An extension of the deadline avoids the need for a forced sale or flotation while markets are weak”. Ratings agency Fitch have today argued that Lloyds and RBS are likely to join the ranks of the banks that have had to request from the European Commission an extension of the deadline originally set for the […]