Analysis: Currencies

EURO / US DOLLAR (EUR/USD): End of suspense

Euro recovers when Greece should once again be saved while the “fiscal cliff” and the situation in the Eurozone could continue to focus attention of operators in the coming days. Following an...

EURO / US DOLLAR (EUR/USD): Uncertainties on both sides of the Atlantic

Greece was still the main subject in Europe in recent days, negotiations for new aid did not ultimately reach an agreement. Creditors have granted a period of two years for the country to achieve...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Monetary and political status quo

Australian currency outperformed its counterparts in the foreign exchange market after the unexpected decision of the central bank to keep interest rates unchanged. After a drop of a quarter point...

EURO / US DOLLAR (EUR/USD): Black friday !

As U.S. indices have not benefited from good U.S. employment figures, the Euro falls, while concerns remain about the negotiations in Greece. In the Eurozone, where the unemployment rate has...

EURO / US DOLLAR (EUR/USD): US investors are back!

The Euro continues its trading range around USD 1.30 with a strong resistance to negative information. Already penalized by the return of risk appetite following the publication of a U.S. growth rate...

BRITISH POUND / US DOLLAR (GBP/USD): United Kingdom out of recession

The Sterling could remain strong in the short term, after a growth rate rose sharply in the third quarter while the U.S. economy is also accelerating. After three consecutive quarters of decline,...

EURO / US DOLLAR (EUR/USD): Waiting the spanish's request

Enjoying a peaceful atmosphere, the euro retains some strength although Spanish government equivocations and protracted negotiations in Greece allow some doubt. The Moody's decision not to...

US DOLLAR / SOUTH AFRICAN RAND (USD/ZAR): Wildcat strike in South Africa

The South African Rand is pressurized while the mining sector in Africa's biggest economy suffered of strikes that threaten the growth of the country. The movement also extends to the gold mines...

EURO / US DOLLAR (EUR/USD): Attractive around USD 1.30

The shilly-shallying of the euro continues these days, both supported by the ECB and good U.S. data and penalized by weak European indicators and worries about the endless fiscal crisis. American...

EURO / US DOLLAR (EUR/USD): Heavy macroeconomics

International macroeconomics still struggles to show signs of recovery. After the ECB and the Federal Reserve, the Bank of Japan increased its program of asset purchases before the announcement by...

EURO / BRITISH POUND (EUR/GBP): British pound outperforms

Although falling back into recession early this year, the British economy recovers while tensions reborn in the eurozone. Long-term rates rise, threatening to downgrade by Moody's, significant...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Decrease of risk appetite

Announcements of major central banks have been incorporated by the markets, the Australian dollar could now lose its value because of fears about the global economy. Mover of global growth, China...

EURO / US DOLLAR (EUR/USD): No limits for ECB and FED

Difficult to maintain bearish beliefs on the euro while central banks will intervene massively to restore confidence in financial markets. The ECB has announced a purchase plan of bonds of countries...

EURO / US DOLLAR (EUR/USD): Draghi’s speech gives a smile to investors

The main risk of a systemic crisis is now dismissed by the ECB projects, risk appetite could return despite mixed U.S. data. The President of the ECB confirmed that the institution may purchase an...

AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD): Potential of rebound

The bad news has been incorporated by investors and potential rebound increases. Australian central bank has kept its minimum bid rate to 3.5%. Moreover, the economy has increased by 0.6% in the...

US DOLLAR / JAPANESE YEN (USD/JPY): Keep calm before Jackson Hole

A few hours before Jackson Hole conference in the United States, all the evidence encourage to be cautious about the Yen while the currency pair USD / JPY is now trading horizontally for nearly a...

EURO / US DOLLAR (EUR/USD): Consolidation in prospect

The euro retains some force despite concerns surrounding the situation in Greece. This is driven by hopes for ECB intervention in the bond market and further FED easing. If monetary financing is...

BRITISH POUND / US DOLLAR (GBP/USD): The highest in three months

While the pound sterling is close to our previous bullish target price, the appreciation of the British currency benefit from significant support in august that might lead it toward USD 1.60 in the...

EURO / US DOLLAR (EUR/USD): Low volumes

The dollar keeps pace with American statistics these days when Angela Merkel tries to maintain the optimism generated by the ECB when traders are aware of conflicting growth figures in the...