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Asian markets rise; Euro and Pound consolidate

FXstreet.com (Barcelona) - Asian markets have risen on Wednesday despite Japanese GDP decline, as Goldman & Sachs upgraded its recommendations for trading houses and shipping lines. Euro and Pound are going through consolidation after two-days rally.Japanese Nikkei Index has added 0.5% despite the 15.2% year-on-year decline in Japanese GDP. The MSCI Asia Pacific Index rose another half percentage point. Mitsubishi Corp, a trading house with half of its activity dedicated to commodities has s¡urged 5.5% in Tokyo, while China

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Forex: EUR/USD: Euro will trade at 1.3600 in one month; 1.3000 in three months time - Rabobank

FXstreet.com (Barcelona) - The Euro has been holding relatively good at the highest levels of the last 5 months after last month's rally from 1.2885 low; the Euro, according to the Rabobank Financial Markets Research Team, is about to swing direction to lower levels.The Rabobank Financial Markets Research Team, estimates the Euro trading around 1.3600 in one month time to continue depreciating towards 1.300 over the next three months to bottom at 1.2800, in six months time.According to the Rabobank

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U.S. markets soared; Euro, Pound and Swiss Franc strengthen

FXstreet.com (Córdoba) ? Markets soared today in the U.S. Dow Jones gain 215 points finishing at 8426. S&P Index rose 3.40% and had the highest close since January at 907.20. Optimism increase after a good housing report and also an increase in construction spending for the first time after six months. Also crude oil futures had a great day, closing at $54.40 a barrel (five-month high). European currencies where among the winners of today session. EUR/USD rallied today and

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Asian markets rise on corporate earnings; Euro and Pound steady at mid-term highs

FXstreet.com (Barcelona) ? Asian markets are going through moderate gains on improved confidence after better than expected corporate earnings forecasts by Olympus and Nissan. Euro and Pound remain steady at high levels, while the Dollar dropped lower against the Yen.Japanese Nikkei Index adds 0.7%, and the Hong Kong Hang Seng Index rose another 0.7%, markets in Australia, New Zealand and India are going through losses.Olympus rose 12% on the back of a company earnings forecast of 40 billion Yen, against

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U.S. markets holds up; EUR/USD sustains gains

FXstreet.com (Córdoba) ? U.S. markets soar today and have been able to maintain its gains through the session. The Dow Jones Industrial Average is rising almost 200 points to 8404 and the S&P 500 recently climbed above 900 for the first time since January. Markets are extending the optimism about economic future. This moved increase risk appetite across the board generating a big increase in European currencies which have been trying to break important levels. EUR/USD hasn?t been able

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European markets in positive; Euro higher and Pound down on weak GDP

FXstreet.com (Barcelona) ? European stock markets are going through gains on Friday cheered by better than expected German Ifo Business Climate which has driven the Euro further up in European morning time. In the UK, the Pound has been slammed by the largest GDP slump since 1979.Eurostoxx 50 index gains 0.89% and German DAX Index adds 1.09%, while French CAC Index trades 1.02% above its opening level. In the UK, London FTSE index adds 0.94%.In the macroeconomic front Germain Ifo

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