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European markets, negative, on earnings woes; Euro and Pound attempt to rise higher

FXstreet.com (Barcelona) ? European markets are going through moderate losses on Thursday as distress about U.S. banking health seems to be weighing on investors? risk appetite. Euro and Pound are hovering below resistance levels.Eurostoxx 50 Index drops 0.33% with DAX Xetra Index 0.50% down and the French CAC Index 0.29% below tits opening level in the first two hours of trading. London FTSE moves around the opening level.In the macroeconomic front, services and manufacturing activity have contracted at the slowest

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U.S. markets open on strong note after ADP report; Dollar and Yen slightly down

FXstreet.com (Barcelona) ? U.S. markets have opened Wednesday?s session with gains after a better then expected ADP employment report; Euro and Pound have gone some what higher in choppy trading, while the Yen has declined.Dow Jones Industrials Index goes through gains by 0.71& while the Nasdaq Index rises 0.45% and the S&P Index adds 0.94% in the first minutes of trading.On the macroeconomic front, the ADP Employment Report has advanced a 491,000 job loss in April, somewhat below the

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Canadian Dollar Moves Higher as Market Sentiment Improves

The Canadian dollar is at the mercy of general market sentiment and is extending its gains against the U.S. dollar following a boost in risk appetite.Monday was a big day for USD/CAD as it broke through the key resistance level of 1.30 CAD, and hit a high of 1.3064. However, the pair was unable to hold the gains and now momentum has waned for the moment. Risk appetite is dragging USD/CAD lower to just below 1.28 CAD.With

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U.S. markets open higher; Euro and Pound rocket

FXstreet.com (Barcelona) - U.S markets have opened higher on Wednesday with financials, energies and material stocks leading gains, at the same time, Geithner's affirmation that bank's stress test has helped to boost confidence has increased risk appetite, sending the Dollar and Yen lower.Dow Jones Industrials Index adds 0.62%, while the Nasdaq Index trades 1.07% above its opening price and the S&P Index rises 1.31% in the first minutes of trading.Gains have been widespread on Wednesday's session with companies such as

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Dollar down as risk appetite returns

FXstreet.com (Buenos Aires) - Renewed risk appetite after a small rebound in Wall Street that rose 0.6% helped Euro and Gbp to regain the upside late in the American session. Asian markets are expected to continue the ride after sharp losses yesterday, increasing dollar losses in the next hours. Macroeconomic data for today includes NZ retail sales 2245 GMT, Japan CGPI 2350 GMT, machinery orders same time; Korea import/export price indexes 0300 GMT, and Singapore retail sales 0500 GMT, HK

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European markets, negative, on earnings woes; Euro and Pound attempt to rise higher

FXstreet.com (Barcelona) ? European markets are going through moderate losses on Thursday as distress about U.S. banking health seems to be weighing on investors? risk appetite. Euro and Pound are hovering below resistance levels.Eurostoxx 50 Index drops 0.33% with DAX Xetra Index 0.50% down and the French CAC Index 0.29% below tits opening level in the first two hours of trading. London FTSE moves around the opening level.In the macroeconomic front, services and manufacturing activity have contracted at the slowest

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European markets gain on improved economic outlook; Euro and Pound, up and down

FXstreet.com (Barcelona) ? European markets are going through gains on Thursday on improved risk appetite, after the Fed observed an improvement on the global economic outlook. Euro and Pound have moved up and down as they have dropped, after having reached intra-week highs, to the levels they were at the European opening.Eurostoxx 50 index trades 2.0% above its opening level, while German Dax Index gains 2.14% and French CAC Index adds 1.63%. London FTSE is going through gains by 1.89%.On

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Forex: EUR/USD falls below 1.3000 on risk aversion

FXstreet.com (Barcelona) - EUR continues suffering on risk aversion today's session. Last hour, the pair has fallen around 60 pips from 1.3021 to reach a fresh intra-week at 1.2964 as risk aversion on fears related to swine flu and Fed reports asking Citi and BoA to raise additional capital.Currently the pair is trading around 1.2990/1.3000 after losing 0.22% so far today from opening price at 1.3023.The Swiss e Trade Strategy Team says: The pair is consolidating its lower levels in

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