ZuluTrade Blog

The Bundesbank is ready to support ECB policy steps...

Market View | Wednesday, May 14, 2014 3:35 AM GMT
  Good Morning,   - Euro steadier but pressure remains and trade above 1.37 level, but close to five-week lows. The euro slumped against most major currencies on Tue... [More]

DJ makes fresh record high and S&P approaches 1900...

Market View | Tuesday, May 13, 2014 3:45 AM GMT
  Good Morning,   - DJ makes fresh record high and S&P approaches 1900 as investors weighed earnings. - Asian stocks rose, with the regional benchmark gauge reco... [More]

The euro has been on the defensive note...

Market View | Monday, May 12, 2014 2:11 AM GMT
Good Morning,   - The euro has been on the defensive note after last week’s sell-off and last traded at above $1.375 level, not far from the one-month low of $1.374... [More]

The dollar gained sharply against the euro after Draghi...

Market View | Friday, May 9, 2014 3:46 AM GMT
  Good Morning,   - The dollar gained sharply against the euro on Thursday after ECB President Mario Draghi said the bank might act to stem falling inflation at its ... [More]

Euro off highs, but still above 1.39 level...

Market View | Thursday, May 8, 2014 3:39 AM GMT
  Good Morning,   - Euro off highs, but still above 1.39 level, ahead of ECB meeting and Draghi press conference. - Asian shares: Japan's Nikkei 0.93%, Hong Kong's ... [More]

The euro climbed to $1.3951 yesterday, approaching the 2 1/2-year...

Market View | Wednesday, May 7, 2014 3:16 AM GMT
  Good Morning,   - The euro climbed to $1.3951 yesterday, approaching the 2 1/2-year high of $1.3967 reached March 13. It has appreciated about 8 percent against a ... [More]

Euro trade above 1.39 for first time in 5-weeks...

Market View | Tuesday, May 6, 2014 3:48 AM GMT
  Good Morning,   - Euro trade above 1.39 for first time in 5-weeks, after an aimless session yesterday as holidays in Japan and Britain crimping activity in markets... [More]

...if the euro rose to $1.40, that would trigger action from the ECB...

Market View | Monday, May 5, 2014 3:46 AM GMT
  Good Morning,   - A Reuters poll of economists found that if the euro rose to $1.40 from the $1.385 it's at now, that would trigger action from the ECB. But few in... [More]

Credit Suisse: EUR/USD target at 1.3700...

Market View | Friday, May 2, 2014 3:46 AM GMT
  Good Morning,   - Eur/Usd looking for a direction after a very quiet day yesterday, due to May 1st labor holiday and ahead of payrolls data in US.    - A... [More]

...US GDP released below forecast and Fed not surprised the markets...

Market View | Thursday, May 1, 2014 3:55 AM GMT
     Good Morning,   - The euro bounce to $1.3888 from a three-week trough of $1.3770 yesterday, as US GDP released below forecast and Fed not surprised th... [More]

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