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The euro-zone’s locomotive needs some rest. Germany’s economy grew by only 0.1% in Q2. Together with French flat growth, we are seeing a turn for the worse also in the leading bloc. Will Trichet consider lowering the rates?

The weak German figure is significantly lower than a modest growth rate of 0.5% that was expected, and much lower than the 1.3% printed in Q1 – a figure that led the whole euro-zone forward.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/german-economy-almost-halts-rate-cut-coming/"]German Economy Almost Halts – Rate Cut Coming?[/URL][/I][/B]

Forex Trades 08/16 - European session - by [URL="http://www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.438
[b]Stop[/b]: 1.442
[b]Resistances[/b]: 1.4475 - 1.442 - 1.4395
[b]Supports[/b]: 1.4145 - 1.4275 - 1.433

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurjpy"]EUR/JPY - Euro / Yen[/url][/b]
[b]Entry[/b]: 110.55
[b]Stop[/b]: 110.8
[b]Resistances[/b]: 112.25 - 111.05 ...

Market Review - 15/08/2011 22:00 GMT

Euro rallies on risk appetites and dollar's broad-based weakness

The single currency rallied to a three-week high against the greenback Monday on risk appetite and dollar's broad-based weakness as investors hoped that a meeting on Tuesday between French President Nicolas Sarkozy and German Chancellor Angela Merkel may result in further action to contain the region’s debt crisis.

The single currency ratcheted higher from 1.4261 to 1.4329 in European morning before retreating to 1.4264. However, euro rallied sharply to 1.4476 in NY morning due to return of risk appetite together with dollar's broad-based weakness after release of weak U.S. data before stabilising. ...

Welcome to the FXReturn.com London Forex Market Call for August 16th.,2011. GBP/USD: Closes near the highs of the session as the market finds support at the Fibonacci 38.2% retracement level which resides at 1.6235 and challenges the lower range of the 1.6400 handle. Consecutive closes above the 1.6235 level will keep the bullish posture of the market intact with the July 31st. high of 1.6473 as the next upside objective. A close, however, below 1.6235 will encourage a wave of selling down to 1.6060 then 1.5780 longer term. The Timing Oscillator has recovered from oversold territory illuminating the price bar blue and is showing bullish divergence. Moreover, momentum is building to the long side suggesting more upside price activity is on ...