Weekly overview (June 22 – 26, 2015): Grexit?

Grexit?

The leitmotif of the past week was crisis in Greece and whether the country, part of the Eurozone, will be able to reach an agreement with its European creditors and the International Monetary Fund. The week started optimistically, on indications of an upcoming agreement between the parties. All leading European stock benchmarks were on the rise, with the EUGERMANY30 and EUFRANCE40 appreciating by 4.42% and 5.36%, respectively.

Read more

Weekly overview (June 15 – 19, 2015): Greece makes new proposal to EU leaders

Tsipras MerkelThe Greek Prime Minister Alexis Tsipras has made a new proposal to German Chancellor Angela Merkel, French President Francois Hollande, and EU Commission President Jean-Claude Juncker, in the hope of reaching an agreement between his country and its foreign lenders. A definitive decision on Greece’s future is expected from an emergency summit of Eurozone leaders later today.

Read more

Trading News to Watch Next Week (June 22-26, 2015)

DF Markets Economic Calendar

 

Monday June 22, 2015

Existing Home Sales – USA – 3:00 pm GMT

On the 22nd of June the National Association of Realtors (NAR) will present the data from the last-month real-estate sales. Last months data didn’t meet the expectations of 5,23M couldn’t be reached, however the actual value of 5,04M, which is the lowest number since January, didn’t cause the EUR/USD to move drastically.

Read more

Weekly review (08 – 12 June 2015): A poor week for the dollar

DF Markets: The US Dollar not doing so well

The US dollar suffered a poor week, depreciating against most major currencies. Wavering data coming from the US economy intensified speculations about a Fed rate hike in September, rather than in June – as was the talk until recently. The FOMC meeting on Wednesday will be awaited with great attention and focus by all market participants. The EUR/USD edged up 150 pips, the GBP/USD appreciated by 290 pips, the AUD/USD added 110 pips to its value, while the USD/JPY ended the week 224 pips down.

Read more

1 77 78 79