Yohay

EUR/USD is now trading under resistance, in the levels it fell to after the Slovak PM said there’s a 50/50 chance of a euro breakup. The focus will shift away from Europe now to Jackson Hole, where Bernanke will deliver a highly awaited speech. Expectations for QE3 hints are now lower, so any talk of new easing could hurt the dollar. If Bernanke says nothing, the pair could lose uptrend support. A stormy end to August is expected before a very busy September enters.

Here’s an update about technical lines, fundamental indicators and sentiment regarding EUR/USD.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-aug-31-bernanke-can-rock-the-boat-both-ways/"]EUR/USD - Bernanke Can Rock ...

The European debt crisis weighed heavily on the economies, stock markets and the value of the euro in the past few years and there was a sense that solutions were unsatisfactory to say the least. There is a general notion of “kicking the can down the road” while the situation continued deteriorating.

However, there are some small signs that some kind of light could be seen at the end of the tunnel. Perhaps not too soon, but these signs could be more than green shoots.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/3-reasons-to-be-optimistic-about-europe/"]3 Reasons to be Optimistic About Europe[/URL][/I][/B]

EUR/USD continues to trade in a narrow range, as the markets await for Fed Chair Benarnd Bernanke to address the Federal Reserve Annual Symposium at Jackson Hole on Friday. With ECB head Mario Draghi a late no-show, Bernanke’s speech promises to be the highlight at the annual meeting of central bankers, particularly with renewed speculation over QE. Will Bernanke have any surprises up his sleeve? In today’s economic news, the markets were treated to more weak German data, as Unemployment Change was higher than forecast. There was some good news as the yield on 10-year Italian bonds continued to drop. In the US, today’s key release is Unemployment Claims.

Here’s an update about technical lines, fundamental indicators and ...

EUR/USD is steady, as the markets anxiously await for Fed Chair Benarnd Bernanke to address the Federal Reserve Annual Symposium at Jackson Hole on Friday. In a late twist, ECB head Mario Draghi has decided not to attend the annual meeting of central bankers. Today’s releases include German Preliminary CPI, as well as two key US releases – Preliminary GDP and Pending Home Sales. Tuesday’s US CB Consumer Confidence was well below the market estimate, so the markets will be looking for better news from today’s releases.Here’s an update about technical lines, fundamental indicators and sentiment regarding EUR/USD.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-aug-29-steady-as-markets-await-bernanke-speech-at-jackson-hole/"]EUR/USD ...