ZuluTrade Blog

Strong short-covering rally in the euro...

Market View | Friday, December 5, 2014 3:05 AM GMT
  Good Morning,   - The dollar gave up some ground against the euro yesterday, as the ECB refrained from detailing any expansion of its stimulus program. All eyes to... [More]

Russian Central Bank lowers FX repo rates to stabilize Ruble...

Market View | Thursday, December 4, 2014 3:11 AM GMT
  Good Morning,    - The Euro hovers near more than 2-year low with all eyes on ECB meeting later today. The euro was last at $1.23 level, having fallen before ... [More]

The dollar rose to its highest in more than 5-1/2 years....

Market View | Wednesday, December 3, 2014 3:14 AM GMT
  Good Morning,   - The dollar rose to its highest in more than 5-1/2 years. The dollar index touched a peak of 88.709, level not seen since March 2009. It was last ... [More]

Crude oil rebounding sharply from five-year lows...

Market View | Tuesday, December 2, 2014 2:55 AM GMT
  Good Morning,   - The dollar trade stable on Tuesday, while commodity exporters currencies, like the Australian and Canadian dollars, held above recent lows after ... [More]

Swiss voters rejected a plan for the central bank to boost its gold reserves...

Market View | Monday, December 1, 2014 3:16 AM GMT
  Good Morning,   - The dollar touched a Y 119 level, a more than seven-year peak against the yen on Monday, while the Swiss franc lost some ground against the euro ... [More]

Falling prices in Oil are also problem for the ECB...

Market View | Friday, November 28, 2014 3:11 AM GMT
  Good Morning,   - Euro trade calm as many speculators focus on oil colorations currencies, Canadian dollar, Norwegian crown under pressure as oil slides. - The U.S... [More]

The dollar lost more ground...

Market View | Thursday, November 27, 2014 3:57 AM GMT
  Good Morning,   - The dollar lost more ground and stepped back further from a 4-1/2-year peak hit on Monday. The dollar index stood at 87.634 versus Monday's peak ... [More]

Low interest rates were working in Australia...

Market View | Wednesday, November 26, 2014 3:35 AM GMT
  Good Morning,   - The dollar trade calm on Wednesday ahead of the U.S. Thanksgiving holiday tomorrow, while the Australian dollar wallowed near four-year lows. The... [More]

OPEC is considering exemptions for three nations from any potential oil-production cuts...

Market View | Tuesday, November 25, 2014 3:40 AM GMT
  Good Morning,   - The euro trade stable and Asian shares on profit taking mode, give back some gains triggered by China's rate cut yesterday. - A sharp rise in pri... [More]

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