Forex Options Markets Warn of Euro, US Dollar Volatility
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffRecent forex market moves have led to a sharp advance in forex options market volatility expectations, making short-term forecasts especially difficult and warning of large US Dollar moves ahead. Shifts in FX Options risk reversals have been especially dramatic in ...
Euro Struggles to Maintain Rally, British Pound Remains Under Pressure
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffThe Euro is the best performing currency against the U.S. dollar on Wednesday, but the intraday rally looks to be tapering off during the North American trade, while the British Pound weakened for the second-day and the currency may continue ...
Sentiment Picks Up After Lower ECB Tender Demand
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffUSD/JPY Consolidation Presenting Ideal Scalping Opportunity
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffThe ECB reporting that it will lend less than expected to banks helped restore confidence in the region’s financial industry and generated a bout of risk appetite overnight. The surprisingly low demand of 131.9 billion Euros was viewed by markets ...