Author Archives: Trade Advantage

FXstreet.com (Barcelona)

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UK: Markit Services PMI (Oct): 50.6 vs 52.2 (Sep)

FXstreet.com (Barcelona) – EUR/GBP made a morning low at 0.7985 in the build up to the European open following commentary from the Japanese Finance Minister, indicating at aggressive BoJ action

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Forex: EUR/GBP recovers off morning low

FXstreet.com (Barcelona)

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EU Sentix Investor Confidence rises to -18.8 in Nov from -22.2 in Oct

FXstreet.com (Barcelona) – The EUR/USD is quoting around the October low, 1.2803, and the 1.2800 mark right after the publication of the Sentix Investor Confidence for November in the

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Forex: EUR/USD still at 1.2800/03 after EMU Sentix data

FXstreet.com (Barcelona) – UK Markit Services PMI fell to 50.6 points in October, from 52.2 points in September, according to data released today by Markit. Analysts expected the indicator to

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UK: Markit Services PMI declines more than expected in October

FXstreet.com (Barcelona) – Lee Hardman, Currency Analyst at the Bank of Tokyo Mitsubishi UFJ notes that the Euro has come back under pressure over the past week with EUR/USD on the verge of

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Forex Flash: Euro back under threat ahead of US Elections – BTMU

FXstreet.com (Barcelona) – Eurozone Sentix Investor Confidence rose to -18.8 points in November, from -22.2 points registered the previous month, Sentix GmbH reported on Monday. This result is

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EMU: Sentix Investor Confidence up to -18.8 in November

FXstreet.com (Barcelona) – The EUR/JPY has been trading towards the downside since the start of November. Following the sideways movement during the Asian session, the market went for another

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Forex: EUR/JPY below 103.00 on Spain

FXstreet.com (Barcelona) – According to Technical Strategist Dmytro Bondar at RBS, “Bunds prices opening above the previous high were often a signal preceding trend reversal, especially as

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Forex Flash: Bund correction on horizon – RBS

FXstreet.com (Barcelona) – Overnight the dollar held onto most of Friday’s gains in the wake of the strong US employment data. The AUD/USD was an exception however as it scrambled higher after

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Forex Flash: AUD mulls RBA decision – UBS

FXstreet.com (Barcelona) – After a strong early morning performance that peaked at 1.0374 (intraday maximum) during Asian trading, the AUD/USD has lost its momentum in recent minutes, having

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Forex: AUD/USD consolidates gains to 1.0345

FXstreet.com (Barcelona) – The single currency has quickly surpassed its 20-day moving average in the vicinity of 1.2830 for the first time since early September, weakened by the lacklustre

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Euro posed to suffer

FXstreet.com (Barcelona) – Having turned net short JPY last week, this weeks investors further added to their net short JPY positions, doubling net shorts during the week of the BoJ meeting on

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Forex Flash: JPY net shorts double in BoJ week – Nomura

Guess has been struggling for more than a year, but investors on Friday thought the retailer is simply too cheap. optionMONSTER’s Heat Seeker monitoring system detected the purchase of

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Buyers find value in Guess at support

Financial leaders at the G-20 meeting showed concerns about the fiscal cliff that would happen as soon as January 2013. Ministers from both Japan and Canada stated the issue is the most

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G-20 Leaders Raised Concerns about US Fiscal Cliff