http://www.fxstreet.com/technical/market-view/market-thoughts/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-27.htmlThe gold is still trying to add to its recent gains which pushed it up trading above $1700 psychological level after it could easily get over it following the Fed's decision to keep the target range for the federal funds rate at 0 to 1/4 percent anticipating that the current economic conditions including low rates of resource utilization and a subdued outlook for inflation over the medium run are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014.Fri, 27 Jan 2012 15:18:20 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-27.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-24.htmlThe single currency has found strength this week to get over 1.30 psychological level versus the greenback again as the markets have shrugged off the delay of reaching an agreement between Greece and its creditors from the private sector as they have done last week by ignoring downgrading the credit rating of 9 of the Euro area remembers and also the EFSF's bonds by S&P giving all of the EU countries a negative outlook driving the yield of the European bonds down further. But The EU FinTue, 24 Jan 2012 08:12:33 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-24.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-18.htmlThe British pound is still trying hardly to have a place above 1.54 versus the greenback despite the improving of the risk apatite on today news of the possibility of increasing the lending capacity of the IMF to be $1 trillion after Legarde's calling yesterday for boosting the ability to it in the face of the current strong challenges facing the global economy as the pressure on the British pound has continued again today with the rising of UK unemployment in the three months to November byWed, 18 Jan 2012 16:56:51 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-18.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-16.htmlThe pressure on the single currency continued in the beginning of this week versus the greenback as the fear of downgrading the credit rating of the EU countries has materialized by the end of last week by cutting the credit rating of 9 of the Euro area remembers by S&P giving all of the EU countries a negative outlook but Germany and Slovenia which has been cut by one notch like Slovakia, Malta, Austria and France which was having a triple A rating like Germany, Finland, Netherlander andMon, 16 Jan 2012 07:59:04 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-16.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-05.htmlThe pressure on the single currency continued today to get it down below 1.2858 whereas it could rebound last week versus the greenback which is supported by the current risk aversion sentiment which contained the markets worrying about the EU debt crisis outlook. From another side, The greenback could found strength after the release of better than expected data showing declining of the US initial weekly jobless claim to 371k from 387k a week earlier and also rising of the added jobs to theThu, 05 Jan 2012 16:02:11 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2012-01-05.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-12-15.htmlThe single currency could find the power to get over 1.30 versus the greenback because of the flash release of Dec EU manufacturing PMI index which has come at 46.9 while it has been expected to be 46.2 from 46.4 in November and also the flash reading of Dec EU Services PMI index which rose up to 48.3 from 47.5 in November while it was expected to decline further in the shrinking territory below 50 to 47.1 but the single currency has eased back below 1.30 as it is still finding difficulty toThu, 15 Dec 2011 09:27:30 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-12-15.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-12-09.htmlThe Single currency is still under pressure versus the greenback after the ECB's interest rate decision of cutting the interest rate by 0.25% to be at its previous all times low at 1% again as it was before April meeting. The ECB kept its role as funds provider again with no announcement about new buying bonds plans directly which have been aimed by the markets which have seen offering new 3 years loans or lowering the EU reserve banking rate of deposits at its central banks by 50% to be 1% ofFri, 09 Dec 2011 05:54:35 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-12-09.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-12-01.htmlThe greenback is still under pressure after the central banks action to lower the cost of borrowing US dollars for underpinning the liquidity in the banking systems especially in the EU after the demand for the US Dollar has increased recently hiking the cost of borrowing it amid rising of the governmental bonds yields containing the markets sentiment. From another side, the greenback came under pressure by the rising of the risk appetite which has been fueled by continued improving of USThu, 01 Dec 2011 02:43:39 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-12-01.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-11-11.htmlThe Single currency is still trying to hold its gains above 1.36 versus the greenback after it could find support by a well-covered Italian 10 years bonds issuance earlier yesterday at yield average lower than Wednesday new recorded highs since the beginning of adopting the Euro which reached 7.37% while the Italian senates are rushing to vote today on passing new austerities measures which can be followed by Berlusconi's resignation. From the another side, The worries about the GreekFri, 11 Nov 2011 00:05:17 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-11-11.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-11-04.htmlThe single currency has retreated back again after failure to break above 1.387 again versus the greenback which is getting support currently from the disagreement around the way of IMF financing of the EU debt amid the G20 meetings in France. The single currency has been under pressure yesterday by the unexpected decision of the ECB to cut the interest by 0.25% and Draghi's warning of falling in a mild recession at the end of this year but the Greek PM calling off the referendum on the secondFri, 04 Nov 2011 15:03:06 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-11-04.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-10-28.htmlThe Japanese yen has found strength in the Asian session to break below 75.70 making a new low at 75.65 because of the falling of Sep unemployment rate to 4.1% while the market was waiting for 4.5% from 5.3% in August and also Sep industrial productions release which has shown declining by 0.4% while the market was waiting for stronger falling by 2.3% after rising in August by 0.4%. keeping  greenback trading versus the Japanese yen below 76 despite the intervention threats from BOJ whichFri, 28 Oct 2011 12:18:18 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-10-28.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-10-14.htmlThe Single currency could get over its previous resistance at 1.3832 versus the greenback after Berlusconi could have the confidence in the Italian parliament and it is now heading to its previous resistance at 1.3935 which has been reached following the ECB's decision to offer US dollars loans for 3 months to the European banks earlier last month and if it could get over it, it is expected to face resistance at 1.4 psychological level before another resistance at 1.4147 by 1.4278 which hasFri, 14 Oct 2011 15:11:45 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-10-14.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-10-07.htmlImproving the risk appetite in the recent few days could help the Canadian dollar to add more gains versus the greenback with rising back of the oil prices after it had been under pressure on increasing worries about the US growth outlook which can effect negatively on the Canadian exports of commodities and oil to US. From another side, The Canadian dollar has been well-supported too by the strong rising of IVEY PMI to 63.4 in September which followed another strong rising in August to 57.6Fri, 07 Oct 2011 11:56:59 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-10-07.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-30.htmlThe rising of Sep EU CPI preliminary reading to 3% while the market was waiting for 2.5% like August can tackle the ECB form taking a direction to lower the interest rate for stimulating growth in EU and giving easier conditions for borrowing euros to the ailing countries of debt. The ECB always gives attention to this figure and in its recent 2 meeting, it has smoothed its language concerning the inflation upside risks which looked to it well-anchored over the medium term despite being aboveFri, 30 Sep 2011 11:52:09 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-30.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-23.htmlThe single currency could rebound versus the greenback following news about recapitalizing 16 mid-sized banks in the debt ailing European countries of which could pass hardly the recent EU banking stress tests in an action targeting the EU struggling backing system after last week ECB'S decision of offering 3 months loans for the European banks in an coordinated action with the Fed, SNB, BOE and BOJ for underpinning the US dollar liquidity into the European banking system for longer time asFri, 23 Sep 2011 11:31:43 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-23.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-16.htmlWhile the markets were waiting for the European Economic and Financial Affairs Council meeting results, The Single currency has managed to ease back again versus the greenback under the pressure of having €2.5B EU Trade Balance deficit in July while the markets were waiting for €1.7B surplus from €1.5B deficit in June after it had failed to get over its previous resistance at 1.3935 falling below 1.377 whereas it has started its rising following the news of offering 3 months loans by the ECBFri, 16 Sep 2011 14:37:54 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-16.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-09.htmlThe Single currency came under strong pressure on increasing worries about the Euro area growth outlook after the ECB has downgraded its forecasts of the growth in 2011 and 2012 without hinting about new steps to stimulate the economy. While the worries about the debt crisis worries are still persisting weighing negatively on the current market sentiment. The single currency has fallen below 1.395 supporting level yesterday following Trichet's comments about the downside risks facing theFri, 09 Sep 2011 15:01:40 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-09.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-01.htmlThe falling of EU Manufacturing PMI of August below 50 in the contracting territory to 49 while the markets were waiting for 49.5 from 50.4 in July raised the markets worries about the growth outlook in the Euro zone showing its needs for stimulation while it's required currently from most of the Euro zone countries to implement governmental austerities plans cutting its spending and raising its taxes for improving their financial situation amid continued investors' concerns about the debtThu, 01 Sep 2011 12:51:02 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-09-01.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-16.htmlThe Swiss frank has started the week under pressure, as the equities markets gains last Thursday and last Friday have continued in the beginning of this week too supported by the stronger than expected release of Q2 GDP preliminary reading of Japan which has shown shrinking by 1.3% y/y while the markets were waiting for the double of this rate by 2.6% and this optimism has continued into the US session helping the US stocks indexes eliminating all its loses after 5th of August following the USTue, 16 Aug 2011 06:37:56 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-16.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-10.htmlThe greenback bounced up directly after the release of the Fed's assessment which did not include QE3 plan or hinting to it but it came back under pressure on the Fed's decision of keeping the interest rate unchanged between 0% to .25% until the mid 2013 which was not discounted in the markets and weighed down on the US treasuries yields increasing the demand again for the US stocks as this decision can put pressure on the greenback value supporting the assets prices for a longer period ofWed, 10 Aug 2011 04:34:01 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-10.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-09.htmlThe gold could continued making new highs reaching today $1779 per ounce on increasing market expectation of having a new stimulation action by the Fed which came with no new action or hinting of a new action in a form of QE3 which forced the gold to retreat from $1760 per ounce to $1740 following the Fed's statement which has come with just Fed's expectations of having the interest rate between 0% and 0.25% till the middle of 2013 instead of the language of keeping the interest rate at thisTue, 09 Aug 2011 19:25:13 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-09.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-08.htmlThe Canadian dollar is still under pressure following the strong falling of the Canadian Ivey PMI of July to 45.1 in the contracting territory below 50 from 68.2 in June which came after July Canadian non-farm payrolls figures which have shown adding just 7.1k jobs while the markets were waiting for 20k from 28.4k in June by the end of last week helping the US Dollar to get over 0.991 resisting level versus the Canadian dollar on the current risk aversion sentiment which has increased byMon, 08 Aug 2011 15:38:08 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-08.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-04.htmlThe Markets are waiting now for the ECB's interest rate decision which is widely expected to be for keeping the interest rate unchanged at 1.5% following July hiking by 0.25%, after easing of July EU CPI preliminary reading to 2.5% from 2.7% in June and the market will be focusing on the ECB's president language in the press conference following the decision to know whether or not it will maintain its view that the prices risks are still to the upside or not while it's widely expected to seeThu, 04 Aug 2011 11:11:52 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-04.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-02.htmlThe risk aversion sentiment has accelerated containing the markets following the falling of June personal income to 0.1% monthly revising down the figure of May to 0.2% from 0.3% while it was expected to be 0.3% and also monthly falling of US personal consumption expenditure by 0.2% while it was expected to rise by 0.2% in June with down revision of the figure of May from 0.2% to 0.1% in July. These new dovish data about the US economy has supported the demand for the gold to reach a new allTue, 02 Aug 2011 16:33:20 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-08-02.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-25.htmlThe greenback has started the week under pressure on no reached deal between the current democratic ruling party and the republicans for hiking the taxes until now can open the door for succeeding voting for raising the current debt working $14.29B limit which has been reached in the middle of last May while the markets are waiting anxiously for the way the US Government to pay its financial obligations in the second of next month and it looks that till we reach this time the markets sentimentMon, 25 Jul 2011 16:50:17 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-25.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-19.htmlThe markets are waiting for having more information about the US housing market today with the release of US housing starts of June which are expected to be 0.58M in June from 0.56 in May and also US building permits which are expected to be 0.61M in June from .612 in May while the equities markets seem to be rebounding this morning after strong selling in the recent days because of the markets growing worries about the US debt following warning of downgrading the US credit rating by S&PTue, 19 Jul 2011 11:34:30 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-19.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-15.htmlThe US equities Markets came back under pressure after Bernanke's try to redirect the markets which cheered by the existing possibility of supporting the US economy by another quantitive easing plan as he said that can be on circumstances we do not face currently and he has added clearly that the fed is not ready to take such a step currently in his second day of hit semiannual testimony in front of the financial services committee on the house after saying the first day that everything shouldFri, 15 Jul 2011 07:02:55 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-15.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-12.htmlThe sterling came under further pressure today following the release of June UK CPI which decreased to 4.2% yearly while the markets were waiting for 4.5% like April and May. The cable has reached today 1.578 after breaking 1.5911 yesterday and falling further can be met by supporting level at 1.5744 and breaking below it can lead to test 1.5342 whereas it could form its bottom to 1.6744 while going up from here now can be met by resistance at 1.614 can be followed by another resistance atTue, 12 Jul 2011 14:33:55 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-12.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-06.htmlDowngrading the credit rating of Portugal by Moody's 4 notches to Ba2 from Baa1 with a negative outlook could contain the market sentiment putting pressure on the single currency following warning from S&P credit rating agency about the direction of France to help Greece by supporting its private sector for reinvesting its holding of short term debts of Greece to longer periods ones in what can be turning around a direct announcement of restructuring the Greece's debt by France which willWed, 06 Jul 2011 05:21:18 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-07-06.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-30.htmlThe Canadian dollar could add to its gains versus the greenback underpinned by higher than expected Canadian CPI of  May rising to 3.7% y/y while the markets were waiting for 3.3% as the same at April and also the core figure excluding the food and energy has come up to 1.8% yearly from 1.6% in April while it was expected to get down to 1.5% yearly following rising of April Canadian raw materials prices index too by 6.8% yearly from 5.8% to show that there is growing pricing power inThu, 30 Jun 2011 16:55:31 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-30.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-29.htmlThe gains of the US stocks could continue today after the Greek parliament had passed the planned austerities measures by the Greek government which had the acceptance of EU and IMF for giving Greece the second part valued 12 billions euros from their planned 110 billions euros nearly a year ago for supporting it. This required step by the lenders was very important for restoring back confidence in the markets which have suffered by the worries about the Greek debt recently as it is to helpWed, 29 Jun 2011 17:43:07 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-29.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-22.htmlThe Fed has anticipated again slower rate of inflation in the future to come attributing the recent picking up of inflation to the rising of commodities and energy prices which can be temporary. The fed has appreciated again the slow down of the labor market recovery and the depression in the housing market. The Fed has voted for keeping the interest rate unchanged between 0 to 0.25% unanimously. The fed's chair man has repeated the reasons of the economic slowing down which have been releasedWed, 22 Jun 2011 19:11:48 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-22.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-15.htmlThe Canadian dollar is still well-supported by the release of the Canadian capacity utilization of the first quarter of this year which surged to 79% from 76.8% in the last quarter of 2010 and this figure came after Ivey PMI of May which rose significantly to 69.1 from 57.7 while the median forecast was referring to 60 to show strong improving of the Canadian industrial performance which can lead BOC to hike the interest rate specially after the declining of the Canadian unemployment rate toWed, 15 Jun 2011 12:40:19 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-15.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-13.htmlThe single currency is still under pressure on the markets worries about the Greek debt outlook and its negative impact on the other debt ailing European countries with the current obvious difference between Germany and the ECB on the way of sharing the private sector in the risk of holding its debt and this negative market sentiment could drag the single currency down despite the ECB hinting of a close interest rate hike to come in introductory statement to the press conference by saying thatMon, 13 Jun 2011 11:46:48 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-13.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-07.htmlThe single currency is still getting use of the interest rate outlook differential versus the greenback which has been hit by rising of May unemployment rate to 9.1% from 8.9% in April and also adding just 54k to the US non-farm payroll while the market was waiting for adding 190k and also the figure of April has been revised down to 332k from 241k to maintain the slowing of the US labor market after the release of US ADP unemployment index which has shown rising by just 38k from 175k in AprilTue, 07 Jun 2011 07:53:26 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-07.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-06.htmlThe Aussie could get use of the greenback weakness to come over 1.07 after the release of US labor report of May which contained rising of the unemployment rate to 9.1% from 8.9% in April and fewer than expected added jobs to the US non-farm payroll by just 54k while the market was waiting for adding 190k and also the figure of April has been revised down to 332k from 241k to ensure the weakness of the US labor market after the release of US ADP unemployment index which has shown rising byMon, 06 Jun 2011 05:05:59 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-06.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-02.htmlThe pressure has started to accumulate on the Single currency again after the release of weaker than expected May EU PMI Manufacturing index which came at 54.6 from 58 in April with strong easing of May Germane PMI Manufacturing index to 57.7 from 62 while the market was waiting for just 58.2 and this pressure has started to gain momentum following the release of US ADP unemployment index which has shown rising by just 38k from 175k in April while the market was waiting for adding 175k andThu, 02 Jun 2011 04:19:39 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-06-02.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-05-30.htmlThe single currency could open the week trading above 1.43 versus the greenback on the interest rate outlook differential containing the market sentiment after the sudden declining of US pending home sales of April by 11.6% after rising in March by 3.5% while the markets were waiting for easing by just 1% as the Fed is still worrying about the housing sector and see that it is depressed and further depression in this sector can delay any tightening action by the Fed which is carrying aboutMon, 30 May 2011 18:22:25 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-05-30.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-05-25.htmlThe sterling could rebound after it had been under pressure because of the MPC's member Mr. Fisher said that the wrong thing to do is raising the interest at the current uncertainty about the consuming spending to drag it down below 1.61 before finding support to come over 1.62 again with the rising of US new home sales of April to 323k from 305 in March while the market was waiting for just 300k to lift the risk appetite again in the beginning of the US session putting pressure on theWed, 25 May 2011 00:49:20 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-05-25.htmlhttp://www.fxstreet.com/technical/market-view/market-thoughts/2011-05-24.htmlThe pressure on the single currency has continued into this week too after Fitch's new downgrading of Greece to B+ from BB+ by the end of last week with a negative outlook after S&P downgrading of it to B as the doubts have increased about Greece ability to meet its debts maturity with no new clear decisions from the IMF or the EU to support it as it looks far from reaching its target of lowering the budget deficit to the GDP of 2011 to 7.5% with doubts about its austerity measures and itsTue, 24 May 2011 02:33:01 GMThttp://www.fxstreet.com/technical/market-view/mail@fx-recommends.com (FX Recommends)http://www.fxstreet.com/technical/market-view/market-thoughts/2011-05-24.html