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- Crude Oil Aims Higher as Gold Retreats Following Greek Election
- Euro Well Bid in Early Trade As Worst Case is Priced Out
- US Dollar, Yen Outlook Still Broadly Supportive After Greek Election
- Guest Commentary: Letting Winners Run
- GREEK ELECTIONS: Pro-Bailout Party Leads in Early Results; EUR Rallying
- Forex Trading Weekly Forecast - 06.18.2012
| Crude Oil Aims Higher as Gold Retreats Following Greek Election Posted: 17 Jun 2012 10:30 PM PDT Crude oil prices aim higher and gold is on the defensive after pro-bailout parties secured enough votes to form a government at a Greek election over the weekend. |
| Euro Well Bid in Early Trade As Worst Case is Priced Out Posted: 17 Jun 2012 10:01 PM PDT While we wouldn’t necessarily broadcast this latest rally in risk as an overly encouraging development, markets are certainly relieved to see worst case off the table... |
| US Dollar, Yen Outlook Still Broadly Supportive After Greek Election Posted: 17 Jun 2012 09:26 PM PDT The outlook for the US Dollar and Japanese Yen in the weeks and months ahead appears to favor renewed gains despite a generally favorable Greek election outcome. |
| Guest Commentary: Letting Winners Run Posted: 17 Jun 2012 09:00 PM PDT You have probably heard the saying about cutting losses and letting winners run. While some traders are tempted to move their stop losses, the sanctity of Stop Loss orders is easy to explain: just don’t move them. |
| GREEK ELECTIONS: Pro-Bailout Party Leads in Early Results; EUR Rallying Posted: 17 Jun 2012 01:34 PM PDT With approximately 60 percent of the ballots counted, early figures show that New Democracy, the pro-bailout party, is ahead of Syriza, the anti-bailout party, in the Greek parliamentary elections. In premarket trading, the Euro is well-bid as it appears a pro-bailout coalition will lead the government. |
| Forex Trading Weekly Forecast - 06.18.2012 Posted: 16 Jun 2012 01:00 PM PDT The Euro, US Dollar, and other major currencies are braced for the most significant volatility of the year as traders prepare for critical Greek elections and a US Federal Reserve rate decision. Caution is warranted on a potentially pivotal week for forex markets. |
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