Daily Market News & Reports
May 20, 2012 (Allthingsforex.com) - The euro will retain its center stage spot next week as traders anxiously watch the latest polls from Greece and the headlines from the euro-area as EU inspectors visit Portugal on Monday, the ECB President speaks on Thursday and the EU Council meets on Friday, while several important economic reports from the Euro-zone will be likely to expose May as another...
Australian Dollar The Australian Dollar remained unimpressive on Friday as risk adverse markets made things difficult for the local unit. An absence of local data meant focus remained on international developments and as a consequence new lows for 2012 were established. Looking to break below 0.9800 at one point, profit-taking helped a move back towards 0.9880 however underperforming US equity...
G8 Summit produced no exciting headlines as it turned out to be rather anticlimactic. While it is not a real surprise, the deterioration of the Eurozone debt crisis appears not to have disturbed the calmness surrounding these meetings, which continue to show an alarming lack of urgency surrounding the Euro-zone situation. Where was the urgency for fresh action to help support the Euro banking...
Valeria Bednarik, Chief Analyst at FXstreet.com CurrEURncie$ Watch: Daily short videos presented by forex experts who analyze the market at the opening of the trading sessions.
