Overview

Last week the S&P 500 future again posted gains and in doing so reached its highest point since May (1137.75). This week we will see a lot of macro data released from US including the latest housing and durable goods numbers. In addition on Tuesday evening the (more...)

26^th November 2009

Currency Overview

Focus on Spot EUR/USD (Euro)

Having been range-bound between the 1.4800 and 1.5000 handles in the last 2 weeks, the market broke higher yesterday to trade up to the 1.5100 handle on the back of renewed USD weakness after the FOMC meeting minutes on Tuesday. (more...)