Forex market analysis

US Dollar Pulls Back as Risk Appetite Makes an Appearance

Panoramic view on many US hundred-dollar bills After a few days of gloom over Europe, risk appetite is making an appearance in the financial markets. US dollar is pulling back from recent highs against the euro and the pound, and heading lower as Forex traders look for a little extra yield, and as a degree of optimism is seen as moves are made to shore up Spain.

US dollar was headed higher

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The Facebook Value

The Facebook ValueMay 10th, 3:16 pm by Barbara Zigah

The Facebook Value (eToro Blog) A birth date and an email address are all it takes to become one of Facebook’s estimated 800 million minions, but it will take a heck of a lot more than that to own even a single share of the social media giant. According to the SEC filing, Facebook will offer for public sale 337 million Class A s

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Nouriel Roubini Foresees Spain’s Doom despite Bankia Nationalization

Nouriel Roubini Foresees Spain’s Doom despite Bankia NationalizationMay 10th, 1:00 pm by Barbara Zigah

Nouriel Roubini Foresees Spain’s Doom despite Bankia Nationalization (eToro Blog) Worries of a Eurozone breakup have recently escalated with Greece, but this recent news from Spain on the nationalization of Spanish lender Bankia will only exacerbate that sentiment. Nouriel Roubini, aka Dr. Doom, agrees and believes that Spain will lose market access by the year’s end and would n

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Whether they Like it or Not, Greece to get Next Bailout Tranche

Whether they Like it or Not, Greece to get Next Bailout TrancheMay 10th, 10:56 am by Barbara Zigah

Whether they Like it or Not, Greece to get Next Bailout Tranche (eToro Blog) Once again it is the events in Greece that is raising concerns of a possible Euro breakup to new levels. Only days after Parliamentary elections sent a clear message from the Greek constituency that the days of pain and austerity were over, the newly elected ruling parties are still unable to form a

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Business Media Continues to Blame Europe for Market Movements

May 10th, 5:00 am by Benzinga

Headlines like “Fear Returns To Markets As Europe Worries Escalate,” “Euro clouded by Greece and Spain worry” and “Markets dragged down by Greek worries” have become all too common within the past couple years. But are these so-called European worries really driving market downturns, or are they news sources’ go-to exp

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Negative Outlook for Australian Fundamentals Hurt Aussie

Australian dollar bills The Australian dollar dropped, reaching the lowest level against its US counterpart this year, as Forex market participants anticipate a set of poor fundamental data from the South Pacific country today.

Australian employment is expected to fall by 4,800 in April, following the increase by 44,000 in preceding month. Analysts predict that the u

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Retails Sales Drift Down, Sterling Follows

A fan of 50-pound bills The Great Britain pound fell today after a report showed that UK retail sale declined. The negative data ahead of the policy meeting makes market participants question what actions the central bank will take.

British Retail Consortium reported that retail sales were down 3.3 percent in April from a year ago. In March, an increase by 1.3 percent was

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