Euro News

The EURUSD had a bearish session yesterday, approaching to the support at the psychological level of 1.30, a very important zone. The EURUSD fell 200 pips since the economic data released yesterday, which favored the U.S. Dollar. For today’s session will be published the now famous Non-Farm Employment Change (Previous: 88K / Forecast: 146K). If […]

In yesterday’s session, there were no significant changes in the EURUSD, indicating that this pair is preparing to receive the impact of economic data that will be published in the coming hours. The EURUSD is near a strong resistance at the 1.3194 level and is a very crucial this levale because if the EURUSD break […]

Brokerage firm argues listing is a “great opportunity” Holly Su Futures Hong Kong Co., a leading futures and options brokerage in China, has joined NYSE Liffe, the European based global derivatives division of NYSE Euronext, as member of the Exchange’s London market. Membership of NYSE Liffe will enable customers of Holly Su Futures to access […]

Announced by the NYSE SAD has just issued €45 million in “Benfica SAD 2016” bonds, a highly successful operation where the demand surpassed the offer in over 10 million bonds just on the first sale day. In global terms, the demand exceeded 3.5 times the offer of 9.000.000 bonds at a nominal value of  €5, […]

This week was all about GDP growth. With on-going fears about whether China (7.7% YoY) is slowing or not, it was the turn of the UK and US to release Q1 preliminary estimates. The UK’s 0.6% YoY beat expectations (consensus flat), helped by a strong services sector. Good news also that a triple-dip recession was […]

“An extension of the deadline avoids the need for a forced sale or flotation while markets are weak”. Ratings agency Fitch have today argued that Lloyds and RBS are likely to join the ranks of the banks that have had to request from the European Commission an extension of the deadline originally set for the […]

Last week, the EURUSD made ​​very volatile movements but failed to leave the range in which it currently is. The EURUSD is near the bullish trend line and support at the 1.3018 level. If the EURUSD does make a bearish candlestick breakout in the trend line and support, the EURUSD could fall to support at […]

Another down week for the UK flagship index  with a revisit to near April lows of 6215 and hand-rubbing by bargain hunters looking for a rebound. Declines driven by more intense fears over global growth (emerging + developed), with weaker Chinese weekend growth data (as suggested last week) seeing the prior Friday’s sell-off in risk […]

339m-euro loss compared to 1.57bn in 2012 Nokia shares have fallen by 13% after the smartphone manufacturer announced it had made a loss of 339m-euros in the first quarter of 2012. The company saw a 13% decrease in sales of its Lumia brand, contributing to a 20% fall in revenue to 5.85bn-euros from 7.35bn. Commenting […]

In the yesterday’s session, the EURUSD had a bearish day, thanks to economic data that did not favor this pair. The EURUSD is facing a very important: The support at the 1.2995 level. If the EURUSD does a breakout in this support, it is likely that the EURUSD can fall to the next support level […]