EUR/USD Current Price: 1.0796 View Live Chart for the EUR/USD Market’s reversed course on Friday, as crude oil prices recovered sharply from sub $30.00 a barrel, the lowest in 12 years, to close the week above $32.00 after flirting with $26.00 a barrel earlier in the week. The movement came one day after the ECB’s […]
Author : The Trader
China Woes Continue Into The Year Of The Monkey
China burned through $108 billion in December China burned through $108 billion in December, according to China’s central bank, as the country tried to stabilize the yuan as it depreciated against the dollar. That works out at to about $3.5 billion per day. That effort didn’t stop the yuan from ending the year down 4.5% against […]
Asian Markets Reeling On First Trading Day Of 2016
So a very Happy New Year to all and let’s hope 2016 shines a little bit brighter than 2015. Well, that’s the theory at least. In reality it looks like a rather gloomy start to the year with markets in China and Japan in free-fall and tensions rising in the Middle East after the Saudi […]
Japanese Yen Looks For Gains On Investor Swing
With the holiday season done for another 12 months (apart from Eastern Europe of course) markets and currencies get back to the daily business of ups and downs. Some currencies will be winners and some will be losers but one thing’s for sure. Whichever way a currency is heading – we can trade it the […]
2015 Winds Down With A Bang
Christmas came and went and some of the markets that never sleep, well, let’s just say they dozed for a couple of days and leave it at that. End of year results coming in and it looks like a being a tight end to 2015. Not long to go now and we kiss goodbye to […]