DailyMarkets.com - Forex – EUR/USD Weekly Outlook: August 15 – 19

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• Forex – EUR/USD Weekly Outlook: August 15 – 19
• Forex – GBP/USD Weekly Outlook: August 15 – 19
• Keys For EUR This Week: Periphery Yields, European Equities, 2Q GDP

Forex – EUR/USD Weekly Outlook: August 15 – 19 Posted: 14 Aug 2011 08:01 AM PDT Forexpros – The euro edged modestly higher against the U.S. dollar on Friday, capping a tumultuous and volatile week for currency markets, highlighted by an historic downgrade to the U.S. credit rating and heightened concerns over sovereign debt contagion in the euro zone.<br /><br />EUR/USD hit 1.4102 on Thursday, the lowest since August 5; the pair subsequently consolidated at 1.4245 by close of trade on Friday, dropping 1.2% over the week.<br /><br />The pair is … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Weekly Outlook: August 15 – 19 Posted: 14 Aug 2011 07:45 AM PDT Forexpros – Last week saw the pound fall against the U.S. dollar for a second consecutive week, dropping to a three-week low before pulling back, as Standard &amp; Poor&rsquo;s downgrade of the U.S. credit rating and growing concerns over sovereign debt contagion in the euro zone weighed on risk sentiment.<br /><br />GBP/USD hit 1.6110 on Thursday, the lowest since July 20; the pair subsequently consolidated at 1.6279 by close of trade on Friday, slumping 1.15% over the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Keys For EUR This Week: Periphery Yields, European Equities, 2Q GDP Posted: 14 Aug 2011 07:23 AM PDT Keys for the euro this week – periphery yields, equities, GDP data 1. How do Italian and Spanish bonds behave this week. We ended last week with Italian and Spanish debt near 5%. The more calm things are on this front, the better chance the Euro has to rally. 2. Are the French fears that rocked European equities last week quieted down now? That and what will be the reaction to the introduction of naked short selling bans in key countries. Sentiment will ride on equities following … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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