Articles by FXstreet.com

Forex Flash: Spain bank bailout and French Parliamentary elections – Danske Bank

FXstreet.com (Barcelona) - The €100B bank bailout to Spain is still a mistery regarding conditions and who's lending, the EFSF or ESM? Another question mark is rating agencies' reaction to... Read >>

Forex: AUD/USD attempting at parity

FXstreet.com (Barcelona) - On Thursday, the AUD/USD had already reached as high as 1.0002, but quickly dropped almost 200 pips to Friday's low. Rumors of a Spain bank bailout to be dealt over... Read >>

France Industrial Output (MoM) improves to 1.5% in Apr

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Forex: USD/JPY trading mostly sideways

FXstreet.com (Barcelona) - The Spain bank bailout didn't cause much effect on the USD/JPY as losses in both currencies on that news were similar. The USD/JPY is trading sideways in about a 30-pip... Read >>

Forex: GBP/USD off session highs

FXstreet.com (Barcelona) - The sterling is following its European peer on Monday, boosted by the upbeat mood after the Spanish financial aid and Chinese trade surplus. After bottoming in the... Read >>

Forex Flash: EUR/USD aiming 1.2786 - Commerzbank

FXstreet.com (Barcelona) - Commerzbank analysts believe the EUR/USD is now targeting the 50% Fibonacci retracement of May decline, at 1.2786, and May high at 1.2825, in reaction to the Spanish... Read >>

Asian markets soar on Spain bank bailout

FXstreet.com (Barcelona) - Hong Kong's Hang Seng and Japan's Nikkei Stock Average jumped 2.35% and 2.15%, while South Korea's Kospi and China's China's Shanghai Composite rose by 1.66% and 1.15%.... Read >>

Japan: Machine Tool Orders fall 2.9% in May

FXstreet.com (Barcelona) - On an annual basis Japanese Machine Tool Orders decreased 2.9% in May, in comparison with the 0.4% rise registered the previous month, according to data released on... Read >>

Forex: EUR/USD finds offers at 1.2650 zone

FXstreet.com (Barcelona) - The single currency has opened Monday's session trading more than 100 pips higher from last week's close, after Spain's rescue package. Finally, Spain has succumbed... Read >>

Japan May Machine Tool Orders (YoY) falls to -2.9% vs 0.4% in Apr

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