Free Daily Forex Signal – Forex News – Free Forex System

Euro Strengthens Limited, Action Combustion Worsen Outlook Greece

Euro exchange rate on intraday trading in the spot market edged up 12 pips observed, or about +0.12% from opening price (00:00 GMT). The position of the exchange rate was observed rising from a low of +28 pips today and runs exchange rate in the range of 103.73.

Monitored market responded positively to the approval of budget austerity plan by the Greek parliament, which is a prerequisite for obtaining funding assistance in addressing the debt crisis in the country some 130 billion euros.

Euro Strengthens, Aims Best Performance In 39 Days

fxbom.com
01:49 PM

In the forex trading the Asian session today (08-02, 03:28 GMT), generally observed Euro moved higher against several other major currencies, respond positively to progress in Greek debt negotiation process. In the Euro index chart, the value of walking observed in the range of 103.29, and shows the movement of approximately + edged up 0.07% from opening price today (00:00 GMT).

European shares trade in general also observed a positive response to these developments. Euro Stoxx 50 Pr thin closed up +0.25% and up from bearish territory, CAC 40 INDEX also closed up +0.18% thinner. While the DAX INDEX closed down -0.16% thinner.

Euro Strengthens, Expect Improvement in the German Production Sector

fxbom.com
03:33 PM

In the European foreign exchange trading session this afternoon, the euro moved higher in general observed for several other major currencies. In the U.S. Dollar index chart, the value of walking observed in the range of 102.53, and show an upward movement of about + 0.07% from opening price today.

Fxbom.com market analyst told the briefing session ahead of the U.S. this evening that the Euro has the potential to strengthen the European session, as expectations of economic improvement in Germany to restore investor sentiment towards the euro.

Australian Dollar Hit, December Retail Sales Data is Bad

fxbom.com
02:04 PM

In today’s trading the Australian dollar exchange rate seems to have decreased significantly. Aussie weakened after retail sales data in the month of December has decreased the unexpected. Sluggish retail sales figures which resulted in increasingly strong possibility that the central bank will lower Australia or RBA rate cut at tomorrow’s meeting.

December retail sales in Australia fell by 0.1% compared to November period. Retail sales figure is an unexpected decline. Previous estimates that it expects retail sales to increase by 0.2%. This condition is enough to make the Australian dollar experienced selling pressure. Business people, economists, and people who have taken online accounting classes will continue to analyze the situation.