EUR/USD off highs on Greece delay

EUR/USD moved off session highs on news that Greek leaders' meeting on the bailout package has been delayed to Wednesday. EUR/USD had reached its highest level since mid−December at 1.3269 during the New York session...

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Euro rises on hopes of near Greek resolution

The euro was boosted on Tuesday by the news that the Greek government is preparing a final draft of the bailout agreement, which will be presented to the party leaders and discussed at a meeting scheduled for 20:00 GMT.

Bernanke persists in pessimistic outlook on US economy

In a speech delivered on Tuesday before the Senate Budget Committee, Fed Chairman Ben Bernanke largely repeated his remarks from his last week's appearance before the Senate Budget Committee.

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  • photo
    asad rizvi commented a blog post 22 minutes ago
    EURO @ 1.3242 = So far Euro move looks OK. Next level to watch is 1.3215-20, which could be tested tonight. However, requires a clean break of 1.3180 for another 100 pip downside move.... read more
  • photo
    Lisa commented a blog post 1 hour ago
    out +69 *pips  read more
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    Lisa uploaded a photo 1 hour ago
    uploaded a photo read more

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Economic Calendar  

GMT   Vol. Event Actual Con. Prev.
Feb 7
15:00 US 3 Fed's Bernanke testifies
15:00 US 1 IBD/TIPP Economic Optimism (MoM) 49.4 48.3 47.5
20:00 US 2 Consumer Credit Change $7.70B $20.37B
23:30 AU 2 Westpac Consumer Confidence 2.4%
23:50 JP 2 Trade Balance - BOP Basis ¥-585.1B
23:50 JP 1 Current Account n.s.a. ¥336.9 ¥138.5B
Feb 8
00:01 UK 1 BRC Shop Price Index (MoM) 1.7%
05:00 JP 2 Eco Watchers Survey: Current 47.4 47.0
05:00 JP 2 Eco Watchers Survey: Outlook 45.5 44.4
World Interest Rates
US: 0.25% EMU: 1% UK: 0.5% JP: 0.1% CH: 0% CA: 1% AU: 4.25% NZ: 2.5%

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Exclusive Analysis

EUR/USD rises above Fibo level, 1.3290 is next by FXstreet.com

EUR/USD rallied during the American session amid optimism that a Greek bailout deal could be near and after Bernanke...

Currency Majors Technical Perspective by Alberto Muñoz C.

AUD/USD bullish above 1.0750 by Ani Salama

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