Recent content by Christopherfx

Binary oil is firmly positioned to continue its upside march. It has been a seasonal binary asset so far managing to increase in value during summer time. Tendencies are of changing nature recently. What has been a standard and normal in the past could not be so in the future. The market whims...

The euro fell to a session low against the dollar and German Bund futures reversed earlier losses on Thursday with traders citing a media report that quoted German Chancellor Angela Merkel as saying she could not be sure the European project would work. The euro fell 0.3 percent on the day to a...

The euro hit a one-month high against the U.S. dollar on Monday after Greek election projections showed parties committed to staying in the single currency were on course to secure a slim parliamentary majority. The euro rose to $1.2747 in early trade, from around $1.2655 late in New York on...

Central European currencies extended losses on Tuesday on concerns that a bailout for debt-choked Spanish banks will not stem the euro zone crisis, but debt markets held steady with Polish 10-year yields keeping near a 3-1/2-year low. The currency losses, which wiped out gains from the previous...

On Friday Euro/Dollar recovered significantly in the afternoon with 170 pips, after the morning descent. The European currency appreciated from 1.2287 to 1.2459 on Friday, not matching the negative money flow sentiment at bellow -14%, closing the week at 1.2426. This morning the Euro is trading...