Slight Recovery in Risk FX ahead of US Open

Risk FX was mildly firmer in overnight European trade today boosted by better than expected GDP data from Germany although investor sentiment in the region deteriorated. German Q1 GDP surprised to the ...

Aussie Sets Fresh Yearly Lows as Risk Selloff Continues

Risk FX currencies opened lower and continued to tumble at the start of week’s trade today as concerns over the prospect of Greek exit from the Eurozone mounted. Greek politicians were unable to come to ...

German growth helps shares, euro stage recovery

LONDON (Reuters) - European shares edged higher and the euro held above a four-month low on Tuesday after Europe's biggest economy reported strong growth, but fears about the impact of the region's crisis on the global outlook kept demand for safe-haven assets strong. U.S. stock index futures also signaled that Wall St will probably open higher, although April retail sales and inflation data due ...

Weaker retail sales, jobs surveys raise risk of longer slump

LONDON (Reuters) - British retail sales posted their biggest fall in more than a year last month and growth in the number of people placed in permanent jobs in Britain slowed, raising the risk of another quarter of economic contraction. The bleak news from retailers will further complicate the Bank of England's decision on Thursday on whether to give another cash boost to the economy, which ...

EUR/USD – Where Might Unwinding Meet Selling Again?

After a 2-week tumble from about 1.3280 to 1.2810, the EUR/USD started to stall against this trend in the 5/15 European session. The Euro Area avoided a recession in Q1 on the back of positive German GDP data. In my opinion, the data is not that great at all, but risk sentiment have been stretched and this data did not stoke a panic.