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EUR/USD back to 1.2940/45 ahead of Draghi

EUR/USD SpotThe shared currency is trading back around the 1.2840/45 region on Thursday, as market participants are shifting their focus on the speech by ECB’s M.Draghi due later...

EUR/USD has a bullish bias – BTMU

The Trader's Eye on USD/JPY, short-term

Gonçalo Moreira - The US dollar saw a short-lived rise versus the yen at the beginning of the American session.


The JPY strengthened across the board, by Fan Yang

USD/JPY correcting lower within long term bullish channel by Eric Viloria

Top Stories

EUR/USD: Dollar corrects lower, no reversal yet

In the 4 hours chart positive momentum persists although steady gains above mentioned resistance are now required to confirm further advances towards 1.3000 key psychological level.

Taper Talk, BoJ Action and China PMI Vaporizes Risk Appetite

Global markets have been on a sleigh ride since Chairman Bernanke spoke before Congress yesterday morning. Add to Chairman's remarks the contraction seen in the May China HSBC PMI data and another BoJ emergency

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FAN YANG
EUR/USD Fails to Extend Bearish Reaction and Rallies Above 1.29
We should continue to develop a short−term bullish correction.

BORIS SCHLOSSBERG
In/Out In/Out. Forget Puts, this was 'The BernanQE (Hokey) Poke'
Markets around the world are under pressure.

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Current Trading Positions

EURUSD Order Entry SL TP
Chartist SELL LI ≈1.2990 1.3060 -
DeltaStock.com BUY LMT @1.2880 1.2835 1.2970
Forex Watchers SELL LI <1.2951 - -
USDJPY Order Entry SL TP
DeltaStock.com SELL MKT @102.00 102.70 101.20
GBPUSD Order Entry SL TP
DeltaStock.com BUY MKT @1.5066 1.5035 1.5115
Danske Bank A/S SELL LMT @1.5105 1.5180 1.4982

Best performers

Pair Last High Low Net chg.
EUR/USD 1.2936 1.2958 1.2821 0.0076
GBP/USD 1.5110 1.5131 1.5014 0.0061
USD/JPY 101.81 103.58 100.83 -1.35
AUD/USD 0.9747 0.9781 0.9593 0.0048
EUR/JPY 131.70 132.90 129.96 -0.94

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Mauricio Carrillo Moody's affirms Switzerland's Aaa rating; stable outlook // official paper: http://t.co/NbkaS8bRKU
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Capital3x #forex #DOLLAR #CANADA INSTITUTIONAL ORDERBOOK AND TECH LEVELS 1.0380/1.0390 Medium offers (Upper Bo… http://t.co/HpIi3Q6ZQv
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John Kicklighter Today, SF Fed President Williams said they could always increase QE buying after lowering it. So why not lower it and test it out...
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Russian Market RT @Schuldensuehner: #Bundesbank's Weidmann Wishes #Japan ‘Good Luck in Their Experiments’
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Sony Kapoor This is big...for #France :-) next English as second Lang :-) “@PlaceLuxEU: France approves English language classes http://t.co/MdAjgA8qSd
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zerohedge RT @YonhapNews: U.S. announces possible sale of weapons for F-35, F-15 to Korea http://t.co/ifAGOFPrXf
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David Jones Dow finishes down 13 leaving FTSE100 forecast for a +10 start on Friday at 6707.
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zerohedge P's P/E goes from N/M to N/M
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Russian Market Death? Wow.. @NicTrades: I was wrong ... there are rogue traders in China http://t.co/kykn6IUuaB HT @wmd4x
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Kathy Lien In the meantime, read my end of day FX note http://t.co/CPQMd8dntH
20:12 GMT
EdMatts profile
zerohedge "Buy on the dip mentality" - drink
20:10 GMT
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Kathy Lien Sadly I won't be covering the ECB since I'll be enroute to a wedding. Who gets married on a rainy Thurs night in Long Island????
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zerohedge RT @JodyShenn: JPMorgan to Sell Bonds Backed by $443 Million of Mortgages http://t.co/JHot2xy29n via @BloombergNews
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zerohedge The Biggest Market Sell-Offs in History http://t.co/s37K2TPols
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zerohedge GPS reaffirms 2013 EPS guidance of $2.52 to $2.60, Consensus $2.72
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EdMatts profile
zerohedge "Dead Cat Bounce" Or "Pause That Refreshes" http://t.co/OikH9TqsOs
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EdMatts profile
Kathy Lien At @johndetrixhe is a rockstar for calling the City of London for us to find out!
20:04 GMT
EdMatts profile
Kathy Lien RT @johndetrixhe: @kathylienfx draghi's speech is at 10;30 p.m., london time, according to media officer at City of London Corp.
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