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– In today’s live briefing we reviewed the latest developments in the Greek bailout drama as parties seem to be moving closer to agreement and we have moves by the ECB that show that Greece is one step closer to implementing its private sector involvement (PSI) deal which implies haircuts for private bondholders. In addition we talked about important releases from Australia and the UK which can help to shape those currencies in the near term. Fan Yang, CMT and Chief Technical Strategist outlined the latest technical conditions in the EUR/USD, AUD/USD, and GBP/USD pairs as well as reviewed other currency pairs requested by the audience.
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- bailout
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- dollar
- economy
- euro-zone
- eurusd
- exchange
- foreign
- forex
- greek
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- restructuring
- states
- trade
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Hello,Can you explain why the USD/CAD went down on thursday 2/16/12 while the US had good ecomnic data postive for the dollar, it dropped from 1.0050 to .99300 almost 120 pips on the chart , please explain because i'm confused how good ecomic data bullish for the USD bring the usd/cad doiwn on that specific date.,
Thank you guys for the great videos you make everyday ,keep it up.i appreciate it .you can write the answer here or email it to kalmsaed@gmail.com.