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Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - Rabobank

!--TITOL: h1Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - RabobankFITITOL--FXstreet.com (Barcelona) - The Euro has been appreciating during the last three-weeks from 1.2880 low on April 22, reaching 1.3722 high on May 12, ever since, the Euro has weakened, reaching 1.3425 low so far on Monday, according to a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a, Euro weakness will prevail, driving the Euro to levels below 1.30 in one month time.br /br /The a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a weekly technical forecasts, advances the Euro-Dollar

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Forex: EUR/GBP tests 0.8825 after better than expected ZEW data

FXstreet.com (Barcelona) - After rejecting 0.8825 resistance in a first breaking attempt and falls below 0.8800, the EUR/GBP has been fueled by the better than expected May ZEW Economic Sentiment data ans it has tested the 0.8825 resistance again. Currently the pair is trading around 0.8810/20, 0.30% below today's opening price action.ZEW Economic Sentiment index has risen to 31.1 pts in May, better than 20,0 pts expected by market, in April, the ZEW Economic Sentiment was posted at 13.pts. According

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Euro Weighed Down by Data and Negative Sentiment

Weaker global equities and softer European data are once again weighing down the euro against the U.S. dollar on Wednesday morning.EUR/USD is showing some signs of modest recovery ahead of the North American open. However, the cross remains near the bottom of the channel, trading in the mid-1.32 USD level.In overnight trading, negative sentiment dragged the euro to a weekly low at 1.3148 USD, which strategists from Brown Brothers Harriman say is below the 100 day-moving average.

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Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - Rabobank

!--TITOL: h1Forex: EUR/USD: Euro, at 1,2950 in one month; 1.2600 in three months - RabobankFITITOL--FXstreet.com (Barcelona) - The Euro has been appreciating during the last three-weeks from 1.2880 low on April 22, reaching 1.3722 high on May 12, ever since, the Euro has weakened, reaching 1.3425 low so far on Monday, according to a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a, Euro weakness will prevail, driving the Euro to levels below 1.30 in one month time.br /br /The a href=http://www.rabobank.com/research/file/weekly/fmr_weekly.pdfRabobank/a weekly technical forecasts, advances the Euro-Dollar

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Sterling Mixed After Weak Economic Data, U.S. Fed Actions

The pound sterling is mixed against majors following the Fed's surprise decision on Wednesday to begin purchasing Treasuries, and some additional downbeat economic data for the region.On Wednesday, the Federal Reserve took unprecedented action to pump $300 billion in the purchase of long term U.S. Treasuries. The announcement sent the greenback plummeting against majors. The Confederation of British Industry's manufacturing order book balance for the UK fell to -58 in March, down from both the -55 level

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European Markets, up despite dreadful GDP data; Dollar and Yen appreciate

FXstreet.com (Barcelona) - European markets are going through gains on Friday as investors regained their confidence on economic recovery despite concerning Euro Zone GDP data. Euro and Pound have dropped from Asian session levels and the Yen strengthened against the Dollar.Eurostoxx 50 Index gains 0.69% while German Dax Xetra Index edges up 0.11% and the French CAC Index trades 0.65% above its opening level. In London, the FTSE Index rises 0.73% ad midday C.E.T.On the macroeconomic front, Euro Zone

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Forex: EUR/USD falls to test 1.3230 on US GBP data

Fxstreet.com (Barcelona) - Euro has fallen around 50 pips against Dollar after the US GDP 1Q data, from 1.3270, ahead data releases, to 1.3223. Currently the pair is trading around 1.3225/35 after rising 0.75% so far today from opening price at 1.3130.The US annualized Gross Domestic Product has fallen 6.1% in the first quarter of the year, well below of 5.0% decreases expected bu market but better than 6.3% decreases posted in the previous quarter. GDP price index rises 2.9%

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U.S. markets slightly higher; Dollar at mid-term lows

FXstreet.com (Barcelona) ? U.S stock markets have opened the session with small losses weighed by financials and consumer stocks. The Dollar has dropped to mid term lows against Pound, Euro and Yen.Dow Jones Industrials Index fluctuates between positive and negative level, while Nasdaq Index sheds 0.66% and the S&P Index trades 0.22% below its opening level 15 minutes after the opening bell.On the macroeconomic front, U.S. Trade gap has widened in march for its first time in eight months although

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Yen Stronger After Downbeat Economic Data

The Japanese yen is stronger on Friday in the aftermath of some weak economic data and downbeat commentary from officials.Japanese national CPI fell 0.1% year-over-year in February, as expected, following a flat reading in January. Annual Tokyo CPI for March was up 0.2% despite expectations for a 0.3% rate and previous 0.5% level.Japanese Finance Minister Kaoru Yosano said it is too early to declare the recent CPI data as deflation. Bank of Japan Governor Masaaki Shirakawa said

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