Europe debt crisis.

Markets Today – Euro Vs. U.S. Dollar

November 9, 2012 12:09 am GMT+0  in Forex Analysis

The reports of unexpected fall in the U.S. trade deficit by a record jump in the exports added to the post election strengthening of U.S. Dollar against the Euro. The momentum of the fall continued and EUR/USD slipped down to the low of 1.2717. United States Exports The Exports of Goods and Services rose to […]

ECB’s bond buying, cure or just buying time for the debt crisis?

September 6, 2012 11:48 pm GMT+0  in Forex Fundamentals and News

By announcing that ECB will buy unlimited government bonds to help Euro, ECB President Draghi did what he had to or for that matter any person in his shoes and his position. Debates are taking place and more debates would take place but the fact remains same that something had to be done and that something had […]

EUR/USD Outlook: Euro, Draghi and the storm in making

September 6, 2012 11:18 am GMT+0  in Forex Analysis

The sentiments have been bearish and short-selling has continuously been at the top of the mind. But then, time and again, the bear seems to be growing horns. Horns to attack or simply like the tusks of an elephant to defend? Technically speaking the wide gap between the high and the closing of green candles […]

Greece – credit rating outlook

August 8, 2012 1:06 am GMT+0  in Forex Analysis

Greece – Credit Rating Standard & Poor’s may cut Greece’s credit rating further. The current credit rating of Greece is CCC and that is 8 levels below the investment grade. The GDP of the troubled nation has been going down for past 5 years. The unemployment rate has sky rocketed to 22.5%. The credit rating […]