Global risk markets tumbled last week as political uncertainty in Greece raised the odds of the country leaving Eurozone. European majors dropped against dollar and yen, with EUR/USD broke below 1.3 psychological level. But Aussie and Kiwi were even weaker on risk aversion. Dollar index broke 80 psychological level and ...

EUR: Traders took any recovery as fresh selling opportunity and euro has slipped again after intra-day brief bounce from 1.2905 to 1.2956, more selling interests from short-term specs and funds are reported at 1.2975-80 and further out at 1.3000 with some stops placed above latter level, however, larger sell orders ...

Canadian dollar is trying to rebound against dollar in early US session as data showed stronger than expected growth in the job markets. Net change in employment came in at 58.2k in April versus expectation of 10.0k. Meanwhile, unemployment rate edged slightly up to 7.3%. Meanwhile, headline PPI in US ...

EUR: The single currency has remained under pressure after meeting renewed selling interests at 1.2979 yesterday and option barrier at 1.2900 is now in focus (related to 1.29-1.34 DNT), stops are reported below 1.2900 but fresh demand from Asian sovereign names should emerge around 1.2860-70 with next barrier seen at ...

Risk aversion continues to dominate markets as equity markets were hit by surprise $2b loss off JPMorgan Chase, the biggest US bank by assets. Asian indices are broadly lower with Nikkei down -0.44%, HSI down -1.18% at the time of writing. Gold is back under pressure after failing to sustain ...