Market Overview

There's still so much uncertainty over what will be the final outcome for Greece. Saxo's Mads Koefoed says that what's been surprising is what little market reaction there has been. Risky assets led...

The US dollar is enjoying broad gains today. It is extending its recent gains after a consolidative session yesterday as investors tried digesting the weekend developments. The yen is the sole...

Traders are asking this question on a daily basis before they place any trade if Greece has become one step more close to leave the euro zone. The answer to that question is yes, with everyday...

Market Drivers for July 07, 2015 Euro tests support at 1.0950 as EG offers no new concessions RBA keeps rates on hold Nikkei 1.31% Europe -0.16% Oil $53/bbl Gold $1166/oz. Europe and AsiaAUD: AIG...

Forex News and EventsIs this light at the end of the tunnel? (by Arnaud Masset) Yesterday, the BCB released its weekly survey. And the report showed that even though analysts raised again their...

U.K. manufacturing production dropped 0.6 percent in May, following a 0.4 percent fall in April. The reading defied analysts’ forecast of seeing a 0.1 percent increase.Industrial production rose...

A bounce in equity indices is unfolding this morning. With several of the euro group set to meet today, markets are clearly expecting a positive outcome on the Greek debacle Capital controls have been...

We have been stopped out of our short EUR/NOK positionNorges Bank, Greece risk-off and oil drop cause spike higher NOK remains cheap but we prefer to stay on the sideline for now Unforeseen perfect...

Deal or no deal?Europe is really drinking in the last chance saloon today with another emergency summit of EU leaders to take place this afternoon. Alexis Tsipras was told yesterday by Angela Merkel,...

Stock markets worldwide were lower on Monday after Greece voted not to accept the terms of the proposed bailout. In the aftermath of the vote, Finance Minister Yanis Varoufakis has resigned and...

Market Movers Greece remains the main focus. Eurogroup finance ministers are scheduled to meet at 13:00 CET to prepare for the euro-area leaders' summit scheduled to start at 18:00 CET. Key focus at...

The Australian dollar remains soft after RBA left the cash rate unchanged at historical low of 2.00% as widely expected. The accompanying statement contained little new information. The central bank...

EUR/USDToday’s support: - 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 would result in 1.0908. If a...

As Australia’s export mix continues to narrow, the tag “Banana Republic” has started to make a resurgence. Former Australian Prime Minister, Paul Keating, was the first to coin the...