ZuluTrade Blog

Hopes for ECB action kept the Euro and Cross-Euro well supported overnight

Market View | Wednesday, August 22, 2012 3:36 AM GMT
Good Morning , - Hopes for ECB action kept the Euro and Cross-Euro well supported overnight. Greek PM Samaras will meet with Luxembourg Premier and Ecofin Head Juncker tonigh... [More]

The RBA minutes helped to support the Aussie, which rose above to 1.0500...

Market View | Tuesday, August 21, 2012 3:43 AM GMT
Good Morning , - Calm overnight FX session in absence of any major news. The RBA minutes helped to support the Aussie, which rose to 1.0515. - Stocks: Nikkei +0.12 %, Hang Se... [More]

Greek exit would be manageable but not preferred; Up to Greece to stay in the euro zone...

Market View | Monday, August 20, 2012 3:53 AM GMT
Good Morning , -Asian markets were weaker today, analyst continue to expect a weaker earnings season out of China and Hong Kong (300 companies will report in HK this week). -... [More]

Markets remained firm after Merkel voiced support for Draghi's plans..

Market View | Friday, August 17, 2012 3:48 AM GMT
  Good Morning , - Markets remained firm after Merkel voiced support for Draghi's plans to smooth the markets. However EURUSD failed to overcome the key 1.2380-90 zone. ... [More]

Only bankruptcy can help Greece now - Der Spiegel

Market View | Thursday, August 16, 2012 3:52 AM GMT
Good Morning , - Asian stocks climbed and metals gained after Chinese Premier Wen Jiabao said there was room to adjust monetary policy in the world's second-largest economy.... [More]

Moody's warned on Australia's state debt

Market View | Wednesday, August 15, 2012 3:56 AM GMT
Good Morning  , - Most of the currencies continued to trade in ranges. But USDJPY remained firm and the Aussie dropped clearly below 1.0500 (1.0465) for the first time s... [More]

No sunrises overnight in currency markets.....

Market View | Tuesday, August 14, 2012 3:44 AM GMT
Good Morning , - No sunrises overnight in currency markets. Everything stayed in the ''well known'' ranges. - Stocks: Nikkei +0.38 %, Hang Seng 0.26 %, Shanghai Composite -0.... [More]

Very calm start in currency markets

Market View | Monday, August 13, 2012 3:53 AM GMT
 Good Morning , - Very calm start in currency markets today. For example: EURUSD traded so far in 1.2261-1.2301 or AUDUSD 1.0535-1.0571 range. - Nikkei -0.03 %, Hang Sen... [More]

ECB has been a very determined and positive actor during the crisis, but the ECB cannot solve this alone..

Market View | Friday, August 10, 2012 3:36 AM GMT
  Good Morning , - AUDUSD is off the highs from yesterday, despite an upbeat RBA, but worse than expected trade data out of China have put pressure on the Aussie (low so... [More]

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. Forex Brokers and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Signing up is totally free, and there is NO contract and NO monthly fees, ever.

This blog is for informational purposes only. This blog is not intended for distribution channels and may not be reproduced or distributed without the permission of Zulu Trade ltd or any of its affiliated entities (“ZuluTrade”). All opinions, news, prices or other information contained in this blog are provided as general market commentary and this report does not contain and it is in not to be considered in any circumstance as market analysis, offer or solicitation to buy or sell any financial instruments, personalized or general recommendation for any investment decision or investment strategy by ZuluTrade, in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this blog should not be construed as financial or investment advice on any subject matter. The financial instruments referred to herein may not be suitable for all investors and any investments on such financial instruments requires the assessment by each investor and its counsels of the investor’s investment characteristics, including the investment risks which the latter is willing to assume. This blog has been based on information which has been made public, obtained from sources believed to be reliable, but it has not been verified by ZuluTrade. No representation or warranty (expressed or implied) is made as to the accuracy, completeness, correctness, timeliness or fairness of the information or opinions herein, all of which are subject to change without notice. No responsibility of liability whatsoever of howsoever arising is accepted in relation to the contents hereof by ZuluTrade or any of its directors, officers, employees. Further, no representation is being made that any results will be achieved, and past performance is not indicative of future performance.