The Greek situation is going from bad to worse. The IMF say’s there’s no progress in narrowing differences.
Germany might refuse to fund the Greeks which could prove catastrophic for the euro and we could see the currency fall much further. Oil price fell on the news that oil production for May was at the highest since 2012.
You need to be an excellent trader to trade all these patterns that the news is forming in the markets.
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9 September 2015 Currency News by Marshall Gittler
Risk comes back into fashion as stocks rose in Europe and US; commodity prices rebounded, including copper & oil. Commodity and oil-related currencies…
IronFX Daily Commentary by Charalambos Pissouros | 26/04/2017
US President Trump to unveil an outline of his tax plan. Trump pledged massive tax cuts for corporations & individuals, and a one-time repatriation of…
IronFX Global Commentary from Marshall Gittler on 24/07/2015
Watch Marshall talking about the latest news movings currencies and other markets around the world.
Technical Outlook For EURUSD & USDJPY for 2/7/2015
The EURUSD tumbled below its support of 1.1115 which now becomes resistance and if it goes below the 1.10 level, we could see this pair test the 1.095…
Daily Commentary 1/07/2015
The Aussie dollar was the best performing G10 currency yesterday but with the Chinese manufacturing PMI coming in lower, the rally is probably over.
…
IronFX Daily Commentary by Marios Hadjikyriacos 11/11/2016
Will Trump make the US dollar ‘great again’? Investors keep speculating over the possible effects of ‘Trumpenomics’. They have been betting on higher …