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US Dollar / Yen – 10/05/2011 12:15 GMT

May 11, 2011 by SteveT   Comments (0)

USDJPY - US Dollar / Yen

US Dollar / Yen

Weekly Daily Hourly
Trends
Resistances 81.15 80.85 80.7
Supports 80.15 80.35 80.5
Our strategy
FLAT

Forex CorrelationForex Correlation

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Global Markets Overview 05/11/2011

May 11, 2011 by SteveT   Comments (0)

U.S. stocks advanced Tuesday, as investors drew encouragement from Microsoft Corp.'s .5 billion deal for Skype Technologies and from signs of strength in the U.S. economy and overseas. The Dow Jones Industrial Average climbed 75.68 points, or 0.6%, to close at 12760.36, led by Walt Disney Co., which rose 1.9%, and Hewlett-Packard Co., which gained 1.3%.

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Daily Report: Euro Soft, Eyes on Greece Auction

May 11, 2011 by SteveT   Comments (0)

Euro remains soft after markets eyes are now on Greece’s auction of 6-month T-bills today. Greece is seeking to raise EUR 1.25b and markets will be closely watching the result of today’s auction as an indication of Greece’s ability to raise short-term money. S&P downgraded Greece’s credit rating by 2

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Macy’s Profit Report Could Herald Good News

May 11, 2011 by SteveT   Comments (0)

The recent commodity price spike may have a silver lining for retailers—if it leads some to pare back inventories.

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USD Falls as Commodities and Equities Recover

May 11, 2011 by SteveT   Comments (0)

The USD continued to give back recent gains today, as players were reluctant to short the EUR after cutting long EUR positions en mass last week.  The markets’ attention was focused on comments by European officials over the Greek debt…

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Currencies: Dollar wobbles against euro as debt fears in play

May 11, 2011 by SteveT   Comments (0)

The dollar remained mostly higher verus major rivals, with a euro rebound running out of steam amid ongoing turmoil for Greece.

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