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London banks fall on eurozone debt exposure

July 18, 2011 by Forex.ch Leave a Comment

London equity markets fell in early trade on Monday as concerns over the exposure of UK banks to the eurozone debt crisis were not eased following the results of last week’s stress tests.

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London banks fall on eurozone debt exposure
© Copyright Yahoo Finance

Filed Under: Forex News

Euro Heads Lower To 1.4050

July 18, 2011 by Forex.ch Leave a Comment

The euro heads lower once again, breaking the support at 1.4100 to test 1.4050. Japan is on holiday today and evidence of the thin market in Asia had easily pushed the euro lower

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Euro Heads Lower To 1.4050
© Copyright actionforex.com

Filed Under: Forex News

EURJPY – Weekly Call Is Bearish Below 113.65

July 18, 2011 by Forex.ch Leave a Comment

Underpinned by a Bearish Evening Star pattern since July’s top to warn of the start of a new bearish bias to sentiment, EURJPY recorded the second worst performance in more than one year’s trading last week. This has taken the losses to more than 800 pips in 10 days to

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EURJPY – Weekly Call Is Bearish Below 113.65
© Copyright actionforex.com

Filed Under: Forex News

FOREX: Franc, Yen and Dollar Shine as Market Confidence Sinks Again

July 18, 2011 by Forex.ch Leave a Comment

The Swiss Franc, Japanese Yen and US Dollar outperformed on safe-haven demand as sentiment soured across financial markets. More of the same is likely ahead.

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FOREX: Franc, Yen and Dollar Shine as Market Confidence Sinks Again
© Copyright Yahoo Finance

Filed Under: Forex News

Euro extends broad losses, hits 1 1/2-mth low vs sterling

July 18, 2011 by Forex.ch Leave a Comment

LONDON, July 18 (Reuters) – The euro hit a 1 1/2-month lowagainst sterling on Monday as the single currency was draggedlower across the board after a loss in confidence in Europeanbank stress test results …

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Euro extends broad losses, hits 1 1/2-mth low vs sterling
© Copyright Yahoo Finance

Filed Under: Forex News

Currencies: Dollar slips against yen; gains on euro

July 18, 2011 by Forex.ch Leave a Comment

Greenbank weakens against the Japanese currency.

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Currencies: Dollar slips against yen; gains on euro
© Copyright Yahoo Finance

Filed Under: Forex News

Euro Crisis Stopped By US Debt Debate: Strategist

July 18, 2011 by Forex.ch Leave a Comment

The euro zone has avoided a major currency crisis so far because of the dispute around raising the debt ceiling on the other side of the Atlantic, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC on Monday.

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Euro Crisis Stopped By US Debt Debate: Strategist
© Copyright Yahoo Finance

Filed Under: Forex News

RPT-FOREX-Euro down but Swiss franc may trim gains

July 18, 2011 by Forex.ch Leave a Comment

(Repeating text to fix formatting) * Safe-haven Swiss franc hits new highs * Long franc positions may be trimmed ahead of EU summit * Both euro and dollar pressured by debt woes * Hedge funds have been …

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RPT-FOREX-Euro down but Swiss franc may trim gains
© Copyright Yahoo Finance

Filed Under: Forex News

FOREX-Euro down but Swiss franc may trim gains

July 18, 2011 by Forex.ch Leave a Comment

* Safe-haven Swiss franc hits new highs * Long franc positions may be trimmed ahead of EU summit * Both euro and dollar pressured by debt woes * Hedge funds have been buying euros-Citi (Adds quote, context …

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FOREX-Euro down but Swiss franc may trim gains
© Copyright Yahoo Finance

Filed Under: Forex News

EUR/USD Weak In The New Week

July 18, 2011 by Forex.ch Leave a Comment

On Friday the Euro/Dollar decreased insignificantly with 110 pips. The European currency depreciated from 1.4199 to 1.4088 on Friday, matching the negative Interbank sentiment projection at bellow -1%, closing the week at 1.4155. This morning the European currency continued weakening, dropping down to 1.4051

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EUR/USD Weak In The New Week
© Copyright actionforex.com

Filed Under: Forex News
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