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EU’s Moscovici says France needs time to heal its economy

EU’s Moscovici says France needs time to heal its economy

39 minutes ago (Mike Paterson)

it took Germany 10 years to go from sick man to Europe’s strongest Former French fin min now shortly to be European Commissioner for Economic and Financial Affairs France can not cut deficits without growth says he would safeguard rules … Continue reading → »

GBPUSD orders 2 Oct

GBPUSD orders 2 Oct

40 minutes ago (Mike Paterson)

Apols for late delivery but there’s been a bit to type so far Currently 1.6198 after once again failing at 1.6250. I hope you’re all getting some of the ride. Sellers 1.6225 1.6230-35 1.6250-60 1.6280-90 1.6300-10 1.6320-25 1.6340-50 1.6385 1.6410-20 … Continue reading → »

Trading Ideas – European session 2 Oct

Trading Ideas – European session 2 Oct

52 minutes ago (Mike Paterson)

Apols for delay but it’s been a busy morning so far eh? Fingers down to  the bone So what are you all thinking out there right now ? Share your trading ideas here »

European equity markets open lower

European equity markets open lower

8:14am today (Mike Paterson)

FTSE -0.02% DAX -0.2% CAC40 -0.1% IBEX -0.2% FTMIB – 0.1% »

Spanish jobless total rises 19,720 in Sept vs 18,500 exp

Spanish jobless total rises 19,720 in Sept vs 18,500 exp

8:09am today (Mike Paterson)

prev 8,100 total jobless 4.45 mln Spanish ministry reporting what would appear to be seasonal job losses »

Gold Trying to Find a Bottom, SPX 500 Slumps to 7-Week Low

Gold Trying to Find a Bottom, SPX 500 Slumps to 7-Week Low

8:02am today (Ilya Spivak, Currency Strategist)

Gold prices are trying to find a bottom after sliding to a 9-month low while the SPX 500 has tagged the weakest level in 7 weeks and lost its grip on the 2000 figure. »

Bearish EUR/USD Outlook Vulnerable If ECB Attempts to Buy Time

Bearish EUR/USD Outlook Vulnerable If ECB Attempts to Buy Time

8:00am today (David Song, Currency AnalystShuyang Ren,)

The EUR/USD may face a near-term correction should the European Central Bank (ECB) use the interest rate decision to buy more time. »

SNB’s Jordan says they could take additional measures to enforce CHF cap

SNB’s Jordan says they could take additional measures to enforce CHF cap

7:59am today (Mike Paterson)

at any time According to Rtrs reporting an interview in Frankfurter Allgemeine Zeitung published today, but comments are nothing new. Just more jawboning The minimum exchange rate remains the absolute central tool to maintain adequate monetary conditions doesn’t see interest … Continu... »

US Dollar Technical Analysis: Downward Correction Ahead?

US Dollar Technical Analysis: Downward Correction Ahead?

7:51am today (Ilya Spivak, Currency Strategist)

To receive Ilya's analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11033, 10983, 10953 Resista... »

USD/JPY Pullback Leaves Bearish Engulfing Pattern Awaiting Validation

USD/JPY Pullback Leaves Bearish Engulfing Pattern Awaiting Validation

7:49am today (David de Ferranti, Currency Analyst)

USD/JPY’s stumble has left a Bearish Engulfing formation in its wake. »

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