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Monday, January 9, 2012

DailyFX - Forex Market News

DailyFX - Forex Market News


Crude Oil and Gold Look to Merkel, Sarkozy Meeting for Direction

Posted: 09 Jan 2012 02:02 AM PST

Crude oil and gold prices are looking to a meeting between Angela Merkel and Nicolas Sarkozy to shape risk appetite trends and set near-term direction.

FOREX: Euro Trend Hinges on Merkel / Sarkozy Meeting, French Bill Sale

Posted: 09 Jan 2012 12:34 AM PST

The near-term outlook for the Euro, the US Dollar and most major currencies hinges on the sentiment impact of a meeting between French and German leaders.

Short-Term Technicals Warn of Euro Bounce Over Coming Days

Posted: 08 Jan 2012 10:36 PM PST

Although we remain bearish with our outlook for EUR/USD over the medium-term, short-term technical studies are now suggesting that we could see a reversal over the coming sessions…
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