EUR: Despite tripping option barrier at 1.2700 yesterday, bids to protect stops below 1.2675 lifted euro from low and price has rebounded again in New York and buying interests from Middle East names are still noted at 1.2700-10 and also at 1.2680-85 with stops remain below 1.2675 and 1.2650 (another ...

Euro's selloff resumed today after brief consolidation on negative news out of Spain. While markets are clearly still concerned with Greece situation, result of next election and whether Greece will exit euro eventually, investors are equally concerned, if not more, on the situation in Spain. The sharp jump in yield ...

Euro stays in tight range in Asia today as markets continues to digest recent loss. But the recovery against dollar and yen is very weak and the corrective price actions suggests that the common currency is still vulnerable to deeper selloff. Greece situation and development will continue to weigh on ...

Markets remain under intense pressure into Wednesday, although, given how stretched technical studies are looking, we wouldn't be surprised to soon see a bit of short-term relief.... Read ALL

Asian market participants dropped higher yielding currencies and risk-correlated assets to their lowest levels in at least four months as Greek concerns continue to weigh on sentiment. However, after the Aussie and the Euro hit fresh May lows against the US Dollar, their courses quickly reversed ahead today’s key release. ...