DJ Forex Focus
Have euro floggers given up? It rather looks like they have.
0 comments Which central bank will intervene in the currency markets first: the Swiss National Bank or the Bank of Japan? The chance that either will come into the market to tackle the soaring yen or franc is enough to put many traders off buying either currency against the dollar or the euro.
0 comments As hopes for the global recovery run out, so do hopes for more Australian dollar gains. In fact, the Aussie's rally over $0.90 earlier this month is hardly likely to repeated again just now.
0 comments Look for more record highs in the Swiss franc against the euro. Safe haven buying of the Swiss currency is showing little sign of waning as global recovery worries increase.
0 comments Global risk sentiment will probably deteriorate further, playing more into the dollar's hands than ever before.
0 comments We could be watching Japan build a trap for yen bulls. With concern over the global recovery still rising and with global appetite for risk still falling, the yen is likely to remain in demand as a safe haven.
0 comments Euro/Swiss franc bears must be licking their lips. For weeks they have been eyeing a euro down at CHF1.30. Now, it looks like they may get there.
0 comments Another rally up towards $1.60 is unlikely, but sterling will prove a much more resilient currency than initially expected.
1 comment Greece is like an albatross hanging around the euro's neck. Forget successful auctions in Ireland or bill issues in Spain, or even higher than expected second-quarter growth in Germany.
0 comments
1 comment










