ZuluTrade Blog

The short squeeze in EUR/USD continues even as intra-EMU spreads widened....

Market View | Friday, August 24, 2012 3:55 AM GMT
  Good Morning ,  -The short squeeze in EUR/USD continues even as intra-EMU spreads widened an equities declined. EUR/GBP set a new correction high, too.  -&nb... [More]

''Fairly soon'' - this remark in FOMC minutes sparked USD selling across the board .....

Market View | Thursday, August 23, 2012 3:24 AM GMT
 Good Morning , - ''Fairly soon'' - this remark in FOMC minutes sparked USD selling across the board and let the market believe that the FED will make ''fairly soon'' an... [More]

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]

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