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The Greek deal that wasn’t makes for tense weekend
A Greek opposition party pulls the rug out from under the supposed bailout deal – welcome back, headline traders! Also – the market heard Japan’s FinMin loud and clear as USDJPY still elevated despite risk hiccup today.
Fri, 10 Feb 2012 15:05:24 Z
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Should Euro rise or fall on Greek deal?
The market wants to celebrate the Greek bailout deal as a Euro positive, but isn’t there also a Euro-bearish case to be made in the wake of this deal as well? Also, USDJPY pushing at key resistance.
Thu, 09 Feb 2012 14:38:55 Z
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China CPI shocker; Greek talks still in play
The Asian session was a little turbulent as one newswire reported China CPI data early and incorrectly, while Greek headlines suggested the latest meeting had ended inconclusively - only to subsequently inform us only one issue remained unresolved.
Thu, 09 Feb 2012 05:34:50 Z
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Greece deal still on hold. When do we see the turbo-kiwi reality check?
The Euro not particularly concerned as the Greek politicians dawdle. NZD has reached a new almost 5-year high against its G10 peers as market tries to disprove notion that trees don’t grow to the sky.
Wed, 08 Feb 2012 14:21:00 Z
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The final act of the Greek tragedy? Another deadline looms…
Surprisingly, given the force of the EUR's squeeze late in the European session, Asian trading was muted Wednesday. That said, the consolidation was at its highest since December 12 and there was a lack of interest to push risk currencies and the EUR back lower.
Wed, 08 Feb 2012 04:51:54 Z
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EURUSD in squeeze mode as Greek deal or no deal looms
Markets are anticipating a Greek accession to Troika demands – but even if Greece signs on the dotted line, many questions remain, including which country will be next to belly up to the bailout bar, and when.
Tue, 07 Feb 2012 15:20:55 Z
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AUD shoots higher as RBA leaves rates unchanged
In a surprise move Tuesday, the RBA left its cash target rate unchanged at 4.25%. With expectations, and pricing, firmly looking for a 25bp cut, the AUD shot higher across the board.
Tue, 07 Feb 2012 04:58:00 Z
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