http://www.fxstreet.com/technical/market-view/daily-forex-news/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-10.htmlForex News and Events: It is difficult to choose what has been the most notable event of the last 24 hours. At one point yesterday it seemed like the unequivocal answer would be the news that Greece’s political parties had finally managed to reach a long-overdue agreement on austerity measures – the crucial piece required to pave the way for a new EUR130bn bailout. However, after the conclusion of yesterday’s Eurogroup meeting, Greece’s proposed package of budget cuts was rejected as not goingFri, 10 Feb 2012 10:34:13 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-10.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-09.v02.htmlForex News and Events: Yesterday, FX traders spent much of the day waiting for news from Greece and today looks to be much the same. But while we wait, the general mood is risk-on. The equities continues to edge higher and US bond yields have reacted with a bearish run to the short term range highs. It’s clear by EURUSD price action that traders are scared of going short ahead of any Greek headline or today’s ECB rate decision. News flow helped risk firm and sent the EURUSD to new yearly highsThu, 09 Feb 2012 10:55:38 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-09.v02.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-08.htmlForex News and Events: The global risky rally sustained its earlier gains in Asian session and continued to push higher. Rejuvenated confidence on a the ability of Greece to secure the Troika second bailout package buoyed risk sentiment yesterday, pushing equities higher and pushed Treasury prices and USD lower. EURUSD climbed to 1.3287 from 1.3100 yesterday while AUDUSD jumped to 1.0844. Asian equities kept the optimism going led by a rally in Shanghai up 2.43% and Hang Seng up 1.47%. WeakWed, 08 Feb 2012 10:40:28 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-08.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-07.htmlForex News and Events: EURUSD and risk appetite were marginally weaker as news wires reported that the Greece Troika bailout negotiations would be delayed until Tuesday. Traders focus in Asian session has been squarely on the AUD. In a surprise move the RBA held rates at 4.25% (although we correctly predicted the decision see Central Bank Preview) and noted that policy was appropriate "for the moment". AUDUSD jumped to 1.0823 on the announcement while AUD OIS is now pricing in only 16bps ofTue, 07 Feb 2012 10:19:39 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-07.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-06.htmlForex News and Events: High yielding currencies continued to outperform as the developed nations central banks have all committed to a sustained period of ultra-loose monetary policy (unlimited free liquidity) and the contraction of volatility has put the carry trade back on the map. As with the crowded dividend trading in the equity markets, we suspect that growth projections in many of these nations have already been priced in. So the kicker at this point will only be the interest rateMon, 06 Feb 2012 10:24:10 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-03.htmlForex News and Events: Talks between Greece and its private sector creditors have still not come to a conclusion and there has been a complete absence of updates on progress this week – raising the uncomfortable possibility that negotiations drag on into another week. The immediate consequences of this lack of resolution are clear; EURUSD has repeatedly failed to garner much buying interest up towards 1.3200 as investors remain concerned that talks may still fail, and risk appetite has failedFri, 03 Feb 2012 09:42:03 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-03.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-02.htmlForex News and Events: After a slight pullback in earlier European trades, risk appetite cautiously in Asian session crept back into the markets. EURUSD was range bound between 1.3160 and 1.3200 while AUDUSD continued its strong rally running to 1.0757. Asia’s regional indices were green across the board with the Hang Seng up 1.94% and Shanghais 1.96%. The catalyst was the generally positive manufacturing PMI prints globally which suggested that the global slowdown might now be as deep asThu, 02 Feb 2012 10:53:21 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-02.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-01.htmlForex News and Events: The market remains positive on the recent developments in Europe, supporting risk across the board. EURUSD continues to feel heavy falling to 1.3026 from yesterday’s high of 1.3212. In China manufacturing PMI had a strong print coming in at 50.5 vs. 49.6 exp. The fact that the EU summit ended with no real development failed to dampen the growing optimism (only the 16th summit in the two years since the Greek bailout). The close of the meeting was anti-climatic as theWed, 01 Feb 2012 10:24:28 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-02-01.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-31.htmlForex News and Events: Risk appetite was firm in Asian session as the FT produced an article suggesting that the next LTRO could find demand of up to €1trn. If this is correct it would all but eliminate concerns that European banks could face a near term liquidity crisis. Optimism continues to grow despite the fact that Eurozone summit yesterday brought no real progress on the Greek debt crisis. There is a growing sense that European policy makers are running out of new strategies but reactionTue, 31 Jan 2012 10:27:20 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-31.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-30.htmlForex News and Events: With Greek negotiations ongoing but yet to reach a conclusion, media chatter over the weekend was dominated by reports that Germany wishes to have greater oversight of Greece’s budget – a proposal that Greece has readily dismissed. The suggestion was endorsed by German cabinet minister Philipp Roesler, and reflects the widespread scepticism both across the market and amongst policy makers that Greece could struggle to bring its debt down to sustainable levels. Even ifMon, 30 Jan 2012 10:13:00 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-30.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-27.htmlForex News and Events: USD selling continued for the majority of yesterday’s session. EM & commodity currencies have been a primary recipient to inflows. USDTRY sank to 1.7862, while USDRUB gapped lower at the open and proceed to fall to 30.1811. The impetus seems to be the residual effect of the FOMC meeting where Mr. Bernanke announced it would be nearly 3 years before hikes (he also indicated that selling of balance sheet assets would not happen before 2015). In addition, committed toFri, 27 Jan 2012 10:52:58 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-27.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-26.htmlForex News and Events: USD was sold in Asian session as the FOMC sounded very dovish in their pledge to hold rates at near zero “at least through late 2014”. EURUSD climbed to 1.3134 while AUDUSD ran to 1.0642, on broad USD selling. In addition to the commitment to low rates the Fed also committed to explicit inflation targeting for the first time. Core personal consumption expenditure will be now steered towards 2.0% which sent Gold to $1714.72 on the news the fed would officially continue toThu, 26 Jan 2012 10:34:27 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-26.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-25.htmlForex News and Events: The big mover in Asian session was the AUD, as a weaker headline CPI reading of 0.0% q/q vs. 0.2% exp pushed AUDUSD briefly to 1.0441. This read would put the year-on-year number slightly above mid-point of RBA's 2-3% inflation band and forces traders to slightly rethink rate cut expectations. The OIS market is pricing in cuts of roughly 16bp for the February meeting. Given the contraction in vols and decent interest rate kicker we suspect that AUD should be supported byWed, 25 Jan 2012 10:27:46 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-25.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-24.htmlForex News and Events: In Asia session, liquidity was thin and flow were light as locals celebrated the second day of the Chinese New Year. BoJ unanimously keeps rate unchanged at 0-0.1% and asset-purchase fund left at JPY20 trn as was universally expected. In addition, monthly JGB purchases were held at JPY1.8 trn. EURUSD took a hit, falling to 1.2988 on a WSJ article and comment from Juncker ran on the wire. The WSJ article suggested that Portugal would need a second restructuring bailout.Tue, 24 Jan 2012 10:10:56 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-24.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-23.htmlForex News and Events: The first trading day in the year of the Dragon was unremarkable. With much of Asia closed fo the holidays trading was subdued. FX market positioning seems to indicate that traders are bracing for a significant pullback in risk appetite. The catalyst looks to be the disappointment created by the Greek debt swap plan. Whatever the outcome, it's bound to come up short. In the short term, we suspect that participation will fall below the critical 90 percent threshold andMon, 23 Jan 2012 10:14:26 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-23.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-20.htmlForex News and Events: Lack of fresh news prior to the Lunar New Year had FX markets trending. Gains in regional equities across Asian reflected the follow through from Wall Street solid performance. EURUSD contracted into a narrow range narrow range from 1.2954 to 1.2974 while AUDUSD solid off mildly from 1.2986 to 1.2918. On the data front, Australian export and import prices came in at 1.5% and 2.5% q/q. Rumors over misjudge the liquidity shortage over Chinese New Year and could lead to aFri, 20 Jan 2012 10:37:07 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-20.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-19.htmlForex News and Events: Risk appetite remains firm in Asia session with decent USD supply pushing up risk correlated FX trades. EURUSD was able to rally to 1.2868 on growing optimism over the latest Greek PSI proposal. Financial Times reports that rather than having a fixed coupon, that had been a barrier in discussions, the strategy is to provide a flexible coupon. The latest headlines is calling for a coupon starting at 3.0% and going to 4.5% the closer the bond is to maturity. It isThu, 19 Jan 2012 09:47:00 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-19.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-18.htmlForex News and Events: Asian session was subdued with G10 flows unexceptional. EURUSD bounced around 1.2752 to 1.2807 while AUDUSD made a steady climb to 1.0413 (short of 200d ma) before dropping sharply. Traders will focus on Greek PSI issue as talks are expected to resume today. China headlines once against dominated a quiet session a china official stated support of smaller banks in targeting RRR for Guizhou banks. However, Guizhou is not an industrial center and effect will have limitedWed, 18 Jan 2012 10:27:14 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-18.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-17.htmlForex News and Events: It was risk-on in Asian session after a very gloomy 24hrs. The catalyst was the strong China Q4 GDP print of 8.9% vs. 8.7% expected. China retails sales also surprised to the upside with a print of 18.1% vs. 17.2% y/y exp. Today's good China GDP report should provide further support to the argument for a "soft landing" of the Chinese economy (although the print was at a low). We continue to expect that local policy makers will retain their "prudent monetary policy andTue, 17 Jan 2012 09:59:14 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-17.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-16.htmlForex News and Events: On Friday, what started out as a good day for the risky assets & EUR quickly became an outright collapse. Fitch has been very chatty in recent days and the prospect of an S&P downgrades for Eurozone sovereign had been lingering over the markets for a while. First came a disappointing Italian bond auction. Then speculation that Greece was near to announcing critical restructuring of Greek debt was killed by a few less than optimistic comments & headlines.Mon, 16 Jan 2012 10:19:57 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-16.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-13.htmlForex News and Events: Risk correlated assets continued to make gains in Asian session due to the optimism sprung from yesterdays well received Spanish and Italian auctions. EURUSD traded up to 1.2879 while AUDUSD after a brief dip charged to 1.0362. Asia’s regional indices were broadly higher with the Nikkei up 1.36% and Hang Seng 0.57% yet shanghai failed to contribute to the feel good atmosphere falling -1.34%. Risk taking was subdued for most of the session till FT cited comments by GreekFri, 13 Jan 2012 10:03:57 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-13.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-12.htmlForex News and Events: Ahead of today’s big events the ECB and lesser extent the BoE Asian session was subdued. China economic data provide not surprise as December CPI and PPI printing practically in line with expectations at 4.1% and 1.7% y/y respectively. That’s say risk appetite remained low after yesterdays late day Eurozone negative headlines. The wires lit up with reports from senior EU banking sources that the new EU fiscal treaty will include a loop hole from the balanced budgetThu, 12 Jan 2012 10:02:04 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-12.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-11.htmlForex News and Events: Asian session was quiet as markets began bracing themselves for tomorrow's ECB meeting. Risk appetite was muted as equity indices painted a mixed picture. EURUSD provided a solid U-shaped path trading from 1.2770 to 1.2730 then back to 1.2780. The correlation between EURUSD and its interest rate differential remains high so any directional price action will probability wait till tomorrow ECB meeting. German GDP 2011 printed in line with expectations at 3.0% y/y vs 3.6%Wed, 11 Jan 2012 09:48:50 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-11.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-10.htmlForex News and Events: Risk appetite returned in Asian session as regional equities rallied. Yet FX markets coasted in constricted ranges. EURUSD rallied softly from 1.2762 to 1.2799 while USDJPY slid a merger 15 pips to 76.78. AUDUSD was able to climb to 1.0323 supported by the China’s decent trade balance coming in at $16.52bn vs. $8.8bn exp. In other Chinese data imports printed at 11.8% y/y vs. 18.0% exp, 22.1% prior, while exports were in line at 13.4% y/y. Other than that, Asia wasTue, 10 Jan 2012 09:25:11 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-10.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-09.htmlForex News and Events: The pessimism surrounding the European crisis and spillover effect into the EUR looks to have entrenched itself last week. Traders have been quick to fade any risk rally either in FX or equities, quickly reversing any optimism. On the other hand, the USD continued to find supporters in seemingly a win – win environment for the greenback. EURUSD started on weak footing falling to 1.2666 led primarily by selling in EURJPY which hit fresh lows at 97.29 (holiday in Japan).Mon, 09 Jan 2012 10:24:42 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-09.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-06.htmlForex News and Events: It’s another non-farm payrolls Friday, and in typical fashion the FX markets are subdued with few participants willing to commit to big bets ahead of the risk event. Despite dropping to new 15-month lows in the Asian session, EURUSD has managed to recover its losses early in the European session, and is now loitering around the 1.2800 mark. The December non-farm payrolls are due at 13:30 GMT, and markets are now looking for an increase of 155k compared to 120k seen theFri, 06 Jan 2012 09:51:55 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-05.htmlForex News and Events: Mounting tensions in the Persian Gulf continue to worry the market; distracting at least some of the focus away from European debt problems, but certainly not helping risk appetite recover in the new year. As concerns intensify that the stand-off between Iran and the US could turn nasty, worried investors are pushing commodities prices higher, with oil staying well supported above $100 per barrel and the dollar making ground against its major peers. If Iran closes theThu, 05 Jan 2012 09:46:09 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-05.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-04.htmlForex News and Events: Risk appetite has stabilized today and the overall mood appears constructive as December’s round of PMI surveys has been encouraging overall. In particular, the manufacturing components released yesterday pointed to a much stronger than expected performance at the end of last year. Switzerland posted the most impressive upside surprise, with December’s reading hitting 50.7 compared to forecasts of 45.4 (44.8 the month prior). Echoing the better than expected results outWed, 04 Jan 2012 09:43:36 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-04.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-03.htmlForex News and Events: With a vast majority of the world's markets taking an extra day to recovery from the New Year festivities, FX price action was subdued. USD was broadly offered across G10 and EM was Asian equities firmed. USDJPY continued to sell-off trading down to 76.77 from 76.97. Oil has come back into focus as Iran has issued some hawkish comment pre-European open. Reuters citing Fars News Agency has the Iran army chief threatening to take action if the US carrier returns to theTue, 03 Jan 2012 10:26:32 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-03.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-02.htmlForex News and Events: A subdued start to 2012. FX markets were relatively well behaved on the first trading day of the new year. With many Asian regional indices closed, price action and news flows were limited. The ultra thin flow did wreak havoc on JPY with pre holiday liquidations pushing USDJPY below 77.00 and this in turn sending EURJPY under 100. Gold was able to consolidate around the $1560 level but the precious metal clearly feels heavy and is expected to press lower. There were twoMon, 02 Jan 2012 10:36:29 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2012-01-02.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-30.htmlForex News and Events: It seems only fitting that to kick off the last trading day of the year FX markets were just drifting. EURUSD traded down from 1.2964 to 1.2928 with little conviction in thin volume. Gold which took a pounding all week, crawled off the $1522.00 floor to $1563.57. Asian regional indices were higher with Shanghai +1.19% and the Hang Seng +0.13%. A slightly positive China HSBC manufacturing PMI read at 48.7, vs. 47.7 in November which helped keep sentiment supported.Fri, 30 Dec 2011 10:43:54 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-30.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-29.htmlForex News and Events: Risk appetite remains under pressure as headlines from the Middle East, general unease around growth and rising European peripheral yields have kept risk seekers sidelined. This renewed bout of risk aversion comes on the heels of yesterdays sizable sell off, with the S&P dropping -1.25% on the day EURUSD briefly traded through 1.2900, dragging EURJPY to 100.36 low. Gold continues to feel heavy with the precious metal trading lower to $1544.15 down nearly $50 sinceThu, 29 Dec 2011 10:12:05 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-29.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-28.htmlForex News and Events: Another slow trading day with thin volumes, but at least CNBC Europe provided live coverage, unlike Monday. As the day progressed, risk appetite slowly eased out of the FX market. Equity indices had a mixed morning with shanghai composite posting marginal 0.18% gain and the Hang Seng dropped -0.69%. General uncertainty is still lingering, despite the lack of new headlines. Italian yields continue to trend higher with 10yr yields trading around 6.94%. EURUSD rangeWed, 28 Dec 2011 09:29:30 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-28.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-27.htmlForex News and Events: Trading remains subdued as the holiday season has fully entrenched the market psyche. With headline news absent and scheduled economic data 2nd tier at best, price action has lacked any directional conviction. What movement we did see, was a general movement toward risk-off fashion. FX flows were extremely light in Asian sessions, as the EURUSD traded up to 1.3077 from 1.3034, while USDJPY was stuck in 16 pip range between 78.04 and 77.88. Gold was softer following theTue, 27 Dec 2011 09:56:23 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-27.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-26.htmlForex News and Events: As was expected, FX markets are drifting with no real conviction as news flow out of Asia has basically stopped. Regional equities are mixed in choppy trade amid unenthusiastic volumes with the Nikkei rising 1.1%, the Kospi dropping 0.5%, the Sensex up 1.1%, the Shanghai Composite down -0.67%. With European, UK and US markets closed today and with Friday's volumes which dropped to levels that suggest a subdued run up to the New Year, we don't expected much directionalMon, 26 Dec 2011 09:44:07 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-26.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-23.htmlForex News and Events: Trading remains light ahead of the holiday session but risk appetite has gained mildly. Debate still is raging over Wednesday 3yr LTRO, with 523 banks participating in the tender, will significantly decrease the banking sector's liquidity risk. That being said, we are unconvinced with the belief that the operation will ease the debt crisis too, as banks use the funds to purchase hefty amounts of peripheral government bonds. First of all, banks in the troubled economiesFri, 23 Dec 2011 11:08:25 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-23.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-22.htmlForex - European Sentiment Remains Under Pressure, But US Debt Concerns Are Building Forex News and Events: Eurozone sentiment is never elevated for long these days, and that was especially true yesterday during the ECB’s long-term refinancing operation (LTRO). The ECB was offering 36 months loans at this tender, and allotted a whopping EUR 490bn – far more that the consensus estimates of EUR250-350bn. The operation was seen as an opportunity for European banks to meet their long term fundingThu, 22 Dec 2011 10:26:01 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-22.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-21.htmlForex News and Events: Risk correlated FX trade were moderately supported as positive news flow trickled in. A solid Spanish bill auction and a stronger-than-expected result from Germany's December Ifo helped risk sentiment. As a result, European sovereign yields and CDS prices contracted slightly. EURUSD was able to regain some lost ground climbing to 1.3128 while AUDUSD rose to 1.0176. Asia regional indices rose broadly with the lone exception being Shanghais which dropped -0.91%. To useWed, 21 Dec 2011 09:23:17 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-21.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-20.htmlForex News and Events: FX markets were very quiet yesterday with closes to zero data or news stories to spark any kind of directional volatility. Without any real drivers, FX pairs just bounced around with flows on the light side. Overnight, EURUSD ranged between 1.2994 and 1.3020 for most of the session while AUDUSD roamed around 1.3010 handle. News agencies tackled the death of Kim Jong-Il with as much zeal as they could muster, but with little spillover effect into the financial markets.Tue, 20 Dec 2011 09:41:54 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-20.htmlhttp://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-19.htmlForex News and Events: FX markets are now settling into holiday trading mode on thin volume punctuated by sudden volatility. News that North Korea's leader Kim Jong-Il died of a heart attack on a train became the primary event Asia. N. Korea transfer of leadership has already been established with Kim Jong-il third son Kim Jong-un handpicked for role. While a smooth transition is generally expected (some internal tensions have been reported) the injection of uncertainly will keep Japan andMon, 19 Dec 2011 10:16:45 GMThttp://www.fxstreet.com/technical/market-view/support@ac-markets.com (Swissquote Bank SA)http://www.fxstreet.com/technical/market-view/daily-forex-news/2011-12-19.html