Market Overview

Outside of Greece, the Eurozone continues to show signs of economic recovery. Italy is now pulling out of its recession. The area's economy desperately needs to put the Greek crisis behind it. Leaving...

The latest IMM data covers the week from 30 June to 7 July 2015. IMM positioning data released Friday showed how speculative positioning in the EUR has remained remarkably stable amid the prolonged...

After seventeen hours talk, Greece and the EU have finally reached an ‘agreement’ with a too- strong German zest to seem balanced however. The deal consists of a series of tougher...

Forex News and EventsGreece reached an agreement with its creditors: “Last week ended when, against all odds, Greek Prime Minister Alexis Tsipras decided to agree on creditors’ proposals...

Market BriefFX markets remain focused on developments around the Greek negotiations. Last week markets traded on positive sentiment over a Greek debt package, however this week has started on a more...

European markets are trading higher on a positive note this morning on the back of a deal which was finally announced this morning between Greece and its creditors. The negotiations between the two...

Joy cometh in the morningAnd what a good morning it may be. We may have an agreement in Greece. The Belgian Prime Minister has just tweeted the singular word “agreement”, with similar...

The euro pared its earlier advance against the U.S. dollar even after Greece have reached a third bailout agreement with eurozone leaders.After long hours of negotiations, eurozone leaders voted...

Euro is mildly lower in Asian session as traders were disappointed by the lack of conclusion on a Greece bailout after the Eurozone Crisis summit on Sunday. Instead, Greece was requested to pass the...

Market Drivers July 13, 2015EG Agrees on a deal - no debt forgiveness, asset fund set upChinese Trade narrowsNikkei 1.57% Europe 1.21%Oil $52/bblGold $1155/oz.Europe and Asia:CNY Trade Balance 46.5...

The financial markets were rocked by the surprised result of the bailout referendum in Greece and stock market crash in China for the earlier part of last week. Yen surged sharply on risk aversion but...

EUR/USDToday’s support: - 1.1053, 1.1025, 1.1002 and 1.0980 (main), where correction is possible. Break would give 1.0955, where correction also may be. Then follows 1.0933. Break of the latter...

Despite the Shanghai Composite Index’s fall remaining front page news, this week’s Chinese GDP result quietly threatens to show signs of a slowdown. The GDP y/y result is forecast at 6.9%...

Greece gives inGreece can point to some concessions in the deal brokered on its debt crisis, but the agreement that the Mediterranean state will have to put in front of parliament is little altered...