http://www.hantecfx.com en-uk Copyright 2012 Hantec Markets. Fri, 18 May 2012 09:24:08 BST Fri, 18 May 2012 09:24:08 BST 5 http://www.hantecfx.com//content/daily-financial-markets-news EUR/USD – Swelling speculation of a euro zone dismissal for trouble-stricken Greece and banking fears in Spain led the euro lower. After touching US$1.2666, the pair retraced some losses and spiked back to US$1.2737 on a weaker Philadelphia Fed survey. The pressure continued and it drove back [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/CHF – Sustained risk-aversion saw broad dollar demand which pushed the pair up to CHF0.9481 where it found resistance. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/CHF – Sustained risk-aversion saw broad dollar demand which pushed the pair up to CHF0.9481 where it found resistance. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/JPY – The yen raced to 3-month high of ¥79.14 against the dollar as murmurs of downgrades for a number of Spanish banks flared risk-off market. Softer U.S. data added to the move and the pair closed near lows. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news GBP/USD – The BoE’s inflation report earlier in the week has seemingly taken the shine off sterling’s rally and this reflected in the pair as it staggered lower. Cable temporarily halted losses in NY session, but closed lower at US$1.5785. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news AUD/USD – The Aussie dollar remained in shadow of moves in euro and struggled lower to end the day around US$1.9892. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news EUR/USD – The euro’s demise continued as the ECB severed liquidity to a number of banks in Greece. It spent the majority of the day testing the US$1.2700 level, recovering to US$1.2759 on expectations Germany and France would support the ailing country. Confirmation of a second election in [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/CHF – A swathe of Greek headlines produced a whippy session for this pair. After peaking early on at CHF0.9470, it crashed to CHF0.9414. News of the ECB caused a volatile spike to CHF0.9464 and it closed slightly lower than this. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/JPY – Good two-way flow in this pair resulted in a sideways day which saw it range between ¥80.20/80.55. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news GBP/USD – Weaker inflation and growth forecasts from the BoE, intensifying speculation of further QE, caused investors to dump Cable. It plunged 80 pips to US$1.5889 on the news. It did stage a valiant comeback, but euro pressures eventually left it near US$1.5900. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news AUD/USD – The riskier currency refreshed 5-month lows as it hit a US$0.9870 low. Through the European session and into NY it rallied to gain nearly one cent to reach US$0.9968, but lost momentum and ended the day lower. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news EUR/USD – The impending news that Greece’s political parties had failed to form a coalition government was finally confirmed. Fears that an anti-bailout left-wing party will win the second election, raising the likelihood of a Greece exit from the euro hammered the pair lower as it eventually [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/CHF – Underwhelming U.S. retail sales data, coming in at 0.1%, boosted the dollar as investors were keen to exit Europe. The pair reached CHF0.9441, before plateauing into the NY close. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/JPY – The dollar was seemingly the haven of choice on the news from Greece as the pair broke higher to ¥80.33 following a sustained rally in the early NY session. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news GBP/USD – Cable slipped to a 3-week low of US$1.5989 as the flight to safety was exacerbated by positioning ahead of the BoE inflation report. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news AUD/USD – The Aussie dollar faltered on a broadly risk-off day and plummeted to a 5-month low of US$0.9921 after the RBA monetary policy minutes highlighted the continued concern over economic growth. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news EUR/USD – The political stalemate entrenching Greece drove the euro down further as another election looks almost a certainty for the ailing country. A data light start to the week resulted in a focus on the torrent of headlines which hauled the pair down to US$1.2822 late in the day. Peripheral [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/CHF – As would be expected, the continuing turmoil in Greece reinforced investors’ safe-haven demand and this pair maintained its upward trajectory to cap a CHF0.9368 high. [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news USD/JPY – A whippy beginning to the week saw the dollar clamber to a one-week high of ¥80.19. With BoJ officials becoming increasingly vocal, again, they would not have enjoyed the quick reversal to a ¥79.68 low on safe-haven demand. The pair did make a marginal recovery towards the end of the [...] www.hantecfx.com//content/daily-financial-markets-news http://www.hantecfx.com//content/daily-financial-markets-news GBP/USD – Cable began the week struggling for direction, bouncing round in a tight range until the NY open. Broad EUR/GBP selling dragged the pair to US$1.6123 high, before it consolidated to close around US$1.6090. [...] www.hantecfx.com//content/daily-financial-markets-news