ZuluTrade Blog

EURUSD dropped to 1.2450 (lowest since July 2010)

Market View | Wednesday, May 30, 2012 3:39 AM GMT
Good Morning , - EURUSD dropped to 1.2450 (lowest since July 2010) after FT reported that ECB is opposing Spanish plans to recapitalise banks by using ECB's 3 months financin... [More]

Asian shares trade in positive territory led by Chinese ones on speculation the government will take more steps to halt the slowing economy

Market View | Tuesday, May 29, 2012 4:35 AM GMT
Good morning ,   -Yesterday, US markets were closed in observance of Memorial Day Holiday. In Europe, most Equity markets ended slightly lower. This morning, Asian shares... [More]

Greek poll news and talk of a European rescue fund for distressed banks are a couple of factors lending the single currency some support

Market View | Monday, May 28, 2012 4:03 AM GMT
Good morning , -Greek poll news and talk of a European rescue fund for distressed banks are a couple of factors lending the single currency some support. The US Dollar index ... [More]

EURUSD continues to hold above the 22 months low , as the EU leader summit didn't offer any immediate solution

Market View | Thursday, May 24, 2012 3:13 AM GMT
Good Morning , - EURUSD continues to hold above the 22 months low overnight, as the EU leader summit didn't offer any immediate solution to all the new demands from France or ... [More]

EURUSD is trading near 21 months lows and risk is off across the board again

Market View | Wednesday, May 23, 2012 3:31 AM GMT
Good Morning , - EURUSD is trading near 21 months lows and risk is off across the board again (EURUSD low in Asia 1.2643, USDCHF high 0.9497). EMG- and commodity currencies g... [More]

Risk was supported in Asia, after a newspaper reported that China will target infrastructure projects to lift the economy

Market View | Tuesday, May 22, 2012 3:15 AM GMT
Good Morning , - Risk was supported in Asia, after a newspaper reported that China will target infrastructure projects to lift the economy. Focus will now slowly shift on the... [More]

CFTC DATA'S .....

| Monday, May 21, 2012 6:47 AM GMT
.... IN AUDUSD IT SEEMS THAT WITH THE BREAK OF PARITY MARKET PARTICIPANTS DECIDED TO SQUARE THE LONGS MASSIVELY. THE DISTANCE BETWEEN THE 200 DMA AND THE MARKET RATE LOOKS A B... [More]

G8 didn't deliver any surprising messages

Market View | Monday, May 21, 2012 3:28 AM GMT
Good Morning , - The EURUSD bounced of a 4 months low in Asia today. G8 didn't deliver any surprising messages, polls in Greece show that Pasok and New Democracy Parties coul... [More]

Big risk off move following the Spanish bank downgrades and Fitch lowered the rating of Greece

Market View | Friday, May 18, 2012 3:38 AM GMT
Good Morning , - Big risk off move following the Spanish bank downgrades and Fitch lowered as well the rating of Greece. EMG- and commodity currencies are all weaker. AUDUSD ... [More]
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