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Forex - What I Like / Dislike 01.25.13

Fri, 25 Jan 2013 10:39:51 -0500

Will be on CNBC Street Signs this morning and wanted to give you a sneak peek of my notes: I like EUR and AUD For EUR: - All of $ that was parked in Switzerland and U.K. for safety and now its coming back - Strong German data means IMF and others could be underestimating EZ growth - ECB begins [...]

Forex Profit Caster by Bill Poulos Makes Its Debut

Tue, 09 Oct 2012 09:00:00 -0400

New York, NY -- (SBWIRE) -- 10/09/2012 -- Forex Profit Caster will certainly make its mark in the forex world? Yes, October is the month to watch for it as the first pre-launch video is set to be released on the 8th. The creators of Forex Profit Caster are excited about the introduction of their new trend trading software and course to the market.

Read the full press release at http://www.sbwire.com/press-releases/forex-profit-caster/bill-poulos/sbwire-170476.htm

Video: My Favorite EUR Trades

Mon, 11 Jun 2012 23:10:20 -0400

Was on Bloomberg TV this afternoon talking about how to trade the Euro - my favorite trades are EURJPY and EURGBP

Chart: EURUSD and 10 Yr Spanish Yields

Tue, 29 May 2012 09:32:18 -0400

There’s been a lot of talk about Spanish 10 year bond yields rising to 7 percent. We’ve been at higher levels in 2011 but at that time the EUR/USD was trading much higher. 7 percent is a critical level because that is the rate that pushed Greece, Portugal and Ireland to beg for [...]

Does Sell in May, Go Away Apply to EUR?

Tue, 01 May 2012 10:45:50 -0400

There is a very old saying in the stock market that goes “Sell in May, and Go Away.” This pertains to the notion that investors should cash in on their investments this month and take the summer off because June, July, August and September have traditionally been some of the worst months in the equity [...]

Chart: EUR on its way to match Dec LTRO Move?

Fri, 02 Mar 2012 09:55:44 -0500

Since this week’s LTRO operation, the EUR/USD has fallen 3 straight trading days by as much 280 pips. Based on this price action, it looks like the pair is on its way to “mirroring” the post December LTRO move. It wouldn’t take much for this to occur - all the EUR/USD needs to do [...]

Visual Representation of Greek CDS Activation Process

Tue, 28 Feb 2012 13:48:12 -0500

For those of you that need a visual representation of how the Greek CDS Payment Activation process will play out. Here’s the most probable step by step process:

EU Downgrades and their mind numbing incompetence

Mon, 13 Feb 2012 20:42:26 -0500

Just as the Euro led the market today by gapping up on the passage of the Greek vote, as I suspected, it's now leading the way down and for more then 1 reason. First the market HATES uncertainty and the lack of comments or at least constructive comments from Greece's task masters today, caused the initial uncertainty in the FX market which effected the stock market (by killing momentum and

CNBC Video: Whats in Store for Euro

Fri, 13 Jan 2012 08:15:47 -0500

Talking euro on CNBC Asia last night

On CNBC Talking USD, EUR and Favorite Trade

Tue, 22 Nov 2011 23:46:57 -0500

I was on CNBC this afternoon with Maria Bartiromo talking about the outlook for the USD, EUR and my favorite trade

CNBC - Talking Seasonality and Outlook for EUR

Fri, 18 Nov 2011 11:49:39 -0500

I was on CNBC Squawk on the Street with Carl, Melissa and Simon this morning talking about my outlook for the euro and seasonality. Here’s the clip:

Analysis From Wolf on Wall Street

Mon, 17 Oct 2011 18:33:09 -0400

Here's some weekend Analysis from Wolf on Wall Street breaking down the recent Short Squeeze rally...Sunday, October 16, 2011More on The Euro's RoleWe already knew a short squeeze was coming, all of the elements where in place as I have posted this weekend about NYSE short Interest, who knows where that is now. There are some obscure markets that we don't talk about much or follow because they

BNN Interview: Outlook for USD and EUR

Wed, 13 Jul 2011 17:32:37 -0400

I was on the Business News Network today talking about the U.S. dollar and euro. Click on the image to watch the video

Charts: Taking their Cue from the EUR

Tue, 12 Jul 2011 11:12:09 -0400

Markets have been moving on one thing and one thing alone which is the European sovereign debt crisis. There was quite a bit of volatility in the markets this morning, caused largely by the shifting sentiment in the financial markets. Interestingly enough, everything (Dow futures, EUR/USD and Greek CDS spreads) moved at the [...]

EUR: 6 Hurdles to Overcome Greek Debt Crisis

Thu, 30 Jun 2011 09:14:00 -0400

Why has the rally in the EUR been so lackluster? Because there are a still 4 3 more hurdles to overcome before we can put the Greek debt crisis behind us. The Greeks have jumped over 2 hoops on their own with one more expected to be cleared once the Greek implementation vote is completed [...]

Forex: EUR/USD rebounds above 1.4300

Mon, 20 Jun 2011 11:15:19 -0400

FXstreet.com (Barcelona) - Despite showing substantial weakness in the first half of the day given the failure of eurozone finance ministers to reach an agreement on Greece, the EUR/USD recently is ...

Forex: EUR/USD below 1.42, could fall toward 1.40 - BBH

Mon, 20 Jun 2011 10:15:16 -0400

FXstreet.com (Córdoba) - A downside break of the 1.42 level, will open the doors for a bigger decline toward 1.40 "and indeed a full retracement of the late May move," said Brown Brothers Harriman. ...

Forex: EUR/USD retreat, contained at 1.4200

Mon, 20 Jun 2011 07:45:10 -0400

FXstreet.com (Barcelona) - Euro rebound from 1.4075 lows was capped on Friday at 1.4340, and the pair slid on Monday after EU postponed the resolution about the second bailout for Greece, to find su ...

Forex Flash: EUR/USD: At 1.30 in 6 mths - Deutsche Bank

Mon, 20 Jun 2011 06:45:08 -0400

FXstreet.com (Barcelona) - The Euro has already hit the current year's high, at 1.4944, according to Bilal Hafeez, strategist at Deutsche Bank, who sees the Euro dropping sharply, hit by Greece jit ...

European markets drop as EU fails to approve Greece's bailout

Mon, 20 Jun 2011 05:45:11 -0400

FXstreet.com (Barcelona) - Most European markets are trading lower on early Monday's session, with investors sentiment hammered by EU finance ministers' failure to reach an agreement to deliver the ...

Forex Flash: EUR/USD: Support at 1.4160 - CitiFX Wire

Mon, 20 Jun 2011 04:45:07 -0400

FXstreet (Barcelona) - The Euro is suffering selling pressure as optimism on Greece bailout eases, and the pair retreated from Friday's high at 1.4330 extended below 1.4200, with support at 1.4160 a ...

Asian markets dip as Greece bailout hopes fade

Mon, 20 Jun 2011 03:45:08 -0400

FXstreet.com (Barcelona) - Asian markets opened on a positive tone on Monday although sentiment deteriorated through the session as initial hopes about an imminent agreement for another bailout to G ...

Forex: EUR/USD: 1.4220, guide for direction - CharmerCharts

Mon, 20 Jun 2011 03:45:07 -0400

FXstreet.com (Barcelona) - The Euro bounced up from 1.4070 lows to reach highs around 1.4340 on Friday, and the pair is giving away gains, reaching 1.4220 area at European session opening times, a k ...

Forex: EUR/USD under pressure in Asia

Mon, 20 Jun 2011 01:45:07 -0400

FXstreet.com (California) - EUR/USD opened the Monday's trade with a 30-pip downside gap open at 1.4276, and while price showed strength in early Asia, advancing into the 1.4295 zone, the pair has b ...

Forex: EUR/USD, bulls and bears battle

Sun, 19 Jun 2011 21:45:07 -0400

FXstreet.com (California) - Upon announcement that no decision has come from Sunday evening's meeting of E-zone Finance Ministers regarding the Greek bailout, the EUR/USD dropped more than 25 pips t ...

Forex: Dollar posted mix results for the week

Fri, 17 Jun 2011 17:46:23 -0400

FXstreet.com (Córdoba) - The Dollar finished the week with mix results across the board amid risk aversion, Greece worries and signals of slower growth in the US. The EUR/USD ended hovering around 1 ...

Forex Flash: EUR/USD seen at 1.50 by the end of 3Q ? Commerzbank

Fri, 17 Jun 2011 16:15:38 -0400

FXstreet.com (Córdoba) - Analysts at the Commerzbank forecast that the EUR/USD will likely trade at 1.50 at the end of the 3Q and at 1.45 by the end of the year. According to them the US Dollar is l ...

Forex: EUR/USD rises further above 1.4300

Fri, 17 Jun 2011 13:15:11 -0400

FXstreet.com (Córdoba) - The Euro extended gains and reached fresh daily high against the Dollar. EUR/USD printed a new high at 1.4338 and retreated afterwards to 1.4310; currently trades around 1.4 ...

Forex Flash: EUR/USD, bearish while below 1.4300 - UBS

Fri, 17 Jun 2011 09:45:10 -0400

FXstreet.com (Barcelona) - The Euro has picked up some air on news about a Franco-German agreement to aid Greece, although while below 1.4300 resistance, the overall bias remains bearish, according ...

Forex: EUR/USD nearing 1.4300 on Greece deal news

Fri, 17 Jun 2011 08:15:09 -0400

FXstreet.com (Barcelona) - The Euro us rallying across the board on the back of news about an deal between Germany and France to aid Greece, which has boosted EUR/USD about 120 pips higher to break ...

Forex: EUR/USD jumps on rumours about Greece agreement

Fri, 17 Jun 2011 07:15:11 -0400

FXstreet.com (Barcelona) - Euro recovery from day lows around 1.4130 oat European session opening has extended beyond 1.4220, to hit day highs at 1.4240 buoyed by rumours of an agreement by EU leade ...

Forex: Euro bounces higher as EU leaders meet

Fri, 17 Jun 2011 06:45:09 -0400

FXstreet.com (Barcelona) - The Euro is bouncing up strongly against its Major rivals, reaching day highs against Dollar and Pound as EU leaders meet to find a resolution to aid debt troubled Greece. ...

Forex Flash: EUR/USD: A close below 1.3819, extremely negative - Commerzbank

Fri, 17 Jun 2011 04:15:09 -0400

FXstreet.com (Barcelona) - The Euro remains weak on concerns about growing possibilities of default in Greece, trading above a cluster of support levels between 1.4010 and 1.3819, which, if breached ...

Asian markets dip after a positive opening, Greece woes looming

Fri, 17 Jun 2011 03:45:08 -0400

FXstreet.com (Barcelona) - Asian markets opened Friday's session on strong note, although gains have been short lived as lingering concerns about the delicate situation in Greece have ended up damag ...

Forex: EUR/USD moves downhill ahead of Europe

Fri, 17 Jun 2011 02:45:08 -0400

FXstreet.com (Barcelona) - The USD is picking up mometum to the upside as we approach the European session. The world's reserve currency continues to benefit from the political turbulence in Athens, ...

Forex: EUR/USD, looking to re-visit 1.4070 - Charmer Charts

Fri, 17 Jun 2011 02:45:06 -0400

FXstreet.com (Barcelona) - Euros held onto 1.4070 by the skin of their teeth and this propelled the market higher totarget area of 1.4220, reaching 1.4222. "Today we are lower once more and looking ...

Forex: Dollar at daily highs vs peers

Fri, 17 Jun 2011 00:15:07 -0400

FXstreet.com (Barcelona) - The American Dollar seems to be recovering its appeal along the Asian session. Investors, after a very quiet start, have resumed this week's USD positive flows as risk ave ...

Forex: EUR/USD, limited bullish tone - V.Bednarik

Thu, 16 Jun 2011 20:45:08 -0400

FXstreet.com (Barcelona) - The euro managed to rebound against dollar from a fresh 3-week low at 1.4075 during past American session, as US positive data coupled with an agreement in principle betwe ...

Forex Flash: EUR/USD stops scattered up to 1.4270 - CitiFX Wire

Thu, 16 Jun 2011 19:15:51 -0400

FXstreet.com (Barcelona) - On Thursday, EURUSD bombed through the 1.41 barrier as Europe got in Thursday on the back of Dutch ECB board member Wellink's comment that Europe's financial aid fund may ...

Forex: EUR/USD settles around 1.4150, 100-day MA

Thu, 16 Jun 2011 16:15:08 -0400

FXstreet.com (Córdoba) - After being strongly sold throughout the last 5 sessions amid uncertainty, rumors and fears over the Greek situation, the shared currency managed to pare losses during Thurs ...

Forex Flash: EUR/USD seen at 1.48 in 3 months ? Danske Bank

Thu, 16 Jun 2011 14:45:06 -0400

FXstreet.com (Córdoba) - Analysts at the Danske Bank expect the EUR/USD to reach 1.48 in three months and 1.46 in six months. According to them volatility will remain elevated "but also for underlyi ...

Forex: EUR/USD recovery limited by 1.4175

Thu, 16 Jun 2011 12:15:51 -0400

FXstreet.com (Córdoba) - Positive US data helped to ease risk aversion sending the Greenback a tad lower across the board. As a result, the European currency managed to bounce off its 3-week low str ...

Which Countries are Most Exposed to Greece

Thu, 16 Jun 2011 11:21:18 -0400

Here’s an awesome graphic of which countries are most exposed to Greek debt. If Greece defaults, France and Germany will suffer the most

Forex Flash: EUR/USD still bearish, focusing 1.4002 - UBS

Thu, 16 Jun 2011 11:15:10 -0400

FXstreet.com (Barcelona) - The Euro has gone through a sharp sell off during the past two days reaching fresh 3-week lows below 1.4100, and, despite the current pick up to 1.4150/60, the bias remain ...

Forex: EUR/USD support at 1.4070

Thu, 16 Jun 2011 10:15:10 -0400

FXstreet.com (Barcelona) - Euro decline from Tuesday's high at 1.4500 extended lower at European session opening, with the pair breaking below 1.4150 support, weighed by growing concerns about the p ...

European markets drop on concerns about Greece

Thu, 16 Jun 2011 06:15:07 -0400

FXstreet.com (Barcelona) - European markets have opened Thursday's session on a negative tone, following the path of US and Asia, with investors averse to risk amid EU inability to reach an agreemen ...

Asian markets lower on Greece, Wall Street cues; Dollar up

Thu, 16 Jun 2011 03:45:50 -0400

FXstreet.com (Barcelona) - Asian markets have been trading on a negative tone on Thursday following sharp declines in Wall Street, with investors concerned about the global economic slowdown and the ...

Forex Flash: EUR/USD set up for a move towards 1.3970 - CitiFX Wire

Thu, 16 Jun 2011 03:45:49 -0400

FXstreet.com (Barcelona) - Euro decline from 1.4500 extended below 1.4155/50 support area on ECB Wellink's comments about the need to double up Europe's financial aid fund, to find support at 1.4100 ...

Forex: EUR/USD: Fresh 3-week lows below 1.4100

Thu, 16 Jun 2011 03:45:49 -0400

FXstreet.com (Barcelona) - Euro retreat from Tuesday's high at 1.4500 extended sharply yesterday weighed EU inability to approve a second bailout for Greece, plunging to 1.4150 lows, to extend losse ...

Forex: Euro sell-off resumes after comments EFSF may double

Thu, 16 Jun 2011 02:15:10 -0400

FXstreet.com (Barcelona) - The Euro continues to be the currency to sell and just had a sudden strong burst to the downside, after Mr. Wellink, a member of the European Bank Governing Council and m ...