Comeback of European Debt Problems?

A fresh report shows that many big European banks were very “creative” when it came to estimating the size of the sovereign debt that they held. This already sent the Euro way down. Will this turn into an avalanche? Is the debt crisis returning through the front door? At the beginning of May, the financial [...]

Tests OK – Euro hesitant over the methods of the tests

At the moment, only 7 banks failed the tests, better than expected. Now the big question is about the quality of the tests. Until the methods of the tests are clarified, the Euro will continue hesitating. The number of failures is less important than the seriousness of the tests. Update: A case of a sovereign [...]

5 Reasons Why The Stress Tests Could Hurt EUR/USD

On Friday at 16:00 GMT, the European stress tests results will be released. In the past few weeks, EUR/USD enjoyed weak American data, and also enjoyed the anticipation for the European stress tests. With the terrible European debt crisis, these results are supposed to show that the banks are stable, and to mark the end [...]

EUR/USD Outlook – July 19-23

After the recent rally, a busy week expects Euro/Dollar traders. Apart from many important indicators, Friday’s stress tests are critical for the Euro. Here’s an outlook for the European events and an updated technical analysis for EUR/USD, now in higher ground. EUR/USD daily chart with support and resistance lines marked. Click to enlarge: The Euro [...]

EUR/USD Ending Bullish Correction?

Euro/Dollar had another positive week, but it failed to break above the important long term resistance line. Also the short term trends show an exhaustion. Will it turn down? EUR/USD began a strong upwards move on last week’s Non-Farm Payrolls but couldn’t break the resistance line. These moves came on top of US weakness and [...]

Forex Weekly Outlook – May 4 – 8 2009

Big week ahead in forex trading: Non-Farm Payrolls, Rate decision from Europe, Britain and Australia and employment figures from all over the globe promise an exciting week. Also note the Stress Test results. Let’s dive into the main events for this week: Monday, May 4th:  Both British and Japanese banks are on holiday, so trading [...]

Forex Links for the Weekend

Here’s a bunch of interesting links from blogs / sites I regularly read: James Chen takes a broad technical look at the EUR/USD. Lena overviews the next phases in the Euro in the week ahead. Adam Kritzer points out China’s surging gold holdings, and how it affects the dollar. Kathy Lien explains how stress tests [...]

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