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Risk is slightly on and EUR/USD hit session highs ahead of ECB – Draghi…

  Good Morning ,   – Risk is slightly on and EUR/USD hit session highs at 1.3075 ahead of ECB – Draghi . – Asian markets : Japan’s Nikkei +0.70% , Hong Kong’s Hang Seng  +0.59% , Korea’s Kospi  +0.75%  and Australia’s  ASX 200  +0.32% . – Watch today: BOE and ECB decisions plus US […]

Euro Area Government debt rises to new record high…

  Good Morning,   – The euro trade just below to 1.32 level, having topped out at a one-month high around $1.3218 yesterday. – The dollar index wallowed at one-month lows following a 0.5 percent fall on Monday. – Asian stocks rose, extending a two-month high, after Premier Li Keqiang said China’s economy won’t grow […]

Mario Draghi said the worst of the sovereign debt crisis is over

Good Morning, – AUD-crosses got hit most after a soft HSBC China PMI, AUDUSD dropped to 1.0377 and EURAUD traded to the highest levels since 29 Dec 12 (1.2741). – Stocks: Nikkei +0.40 %, Hang Seng +0.19 %, Shanghai Composite +0.02 %, Dow Jones -0.35 %, S+P500 -0.19 % – European Central Bank President Mario […]