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lior

  1. Euro/JPY Weekly Outlook –February 20-24

    by
    lior
    , 02-21-2012 at 06:24 AM
    The Euro/JPY rose during last week and thus continued its upward trend of the past couple of weeks. Yesterday the Japanese trade balance report came out and showed an increase of 7.8% in the trade balance deficit to reach a high level of ¥612 billion (roughly $7.7 billion; this news may help trade up the Euro/JPY. Earlier today (Tuesday), The EU ministers of finance approved €130 billion bailout for Greece. The Euro ended up yesterday rising as many had anticipated the approval of this bailout package.

    The Euro/JPY rose by 0.85% on Friday to 104.53; during February, the EUROS/USD increased by 4.8%.
    The chart below presents the development of the Euro to Yen during 2012 (UTD). It shows the upward trend this exchange ...
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  2. Weekly outlook for August 1-5

    by
    lior
    , 07-31-2011 at 10:23 AM
    The speculation around the upcoming vote later on today (Sunday, July 31st) between Republicans and Democrats over raising the debt ceiling continues to be high; once this situation will be resolved, the aftermath will start including the next move of rating agencies of US credit rating. This week there are many news items ahead including ECB rate decision, U.S. and Canada employment reports that could affect not only the USD, but also other major currencies and major commodities; will continue to stir up the financial markets and raise its uncertainty. Here is a news calendar for the week of August 1st to August 5th that highlights the main news items and reports related to U.S, Europe, Australia, Japan, China and Canada.

    ...
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