Being contained by 1.2624 (Jan 13 low) support, EURUSD rebounds from 1.2642 and breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom has been formed at 1.2642. Range trading between 1.2642 and 1.2900 would likely be seen in a couple of days. Another fall to re-test 1.

Bell FX Currency Outlook: The Australian Dollar continues in languish in the 0.9800's after the G8 meeting held on the weekend produced no "revelations" of how to deal with the economic woes of Europe.

True to recent form, the US dollar continued its winning run through the course of last week with European debt concerns remaining the primary stumbling block.

The Australian Dollar remained unimpressive on Friday as risk adverse markets made things difficult for the local unit.

The Commonwealth Bank of Australia warned on Monday that Greece's expected exit from the eurozone may cause the Australian dollar to plummet below 90 cents. G8 leaders rushed over the weekend to battle the financial crisis to hit the region over the Greek debt.

"All things will be revealed." Holy Bible. "The truth always comes out in the end." As they say. Fact: physicists state that the universe is like a movie, which can be rerun/replayed. Everything is recorded. - The advent of the network - The social and economic effects.

A disorderly break-up of the EuroZone could drive Brent Crude Oil prices to as low as 60 bbl in the resulting sharp European recession and negative Global economic consequences, Bank of America Merrill Lynch (NYSE:BAC) said Friday.

Simultaneous Release at TheGeekKnows.com  Learn Forex Trading and read exclusive EUR/USD Forecast Reviews.   Good day forex traders. In the previous weekly EUR/USD forecast, we noted a bearish target of 1.28. Greece was struggling to form a government and prevent a second voting. A few European officials commented on the need to have growth policies among the current austerity [.

Indian Finance Minister Pranab Mukherjee Sunday expressed concern over the depreciation of the rupee.

(Blog Toro) Aux États-Unis, les données économiques continuent d’être éclipsées, au moins dans les médias, par la frénésie financière entourant le PAPE Facebook qui doit être lancé demain. Néanmoins, il y a eu quelques événements dignes d’être mentionnés aux États-Unis. Hier, la Réserve fédérale a publié le procès-verbal de sa dernière réunion politique. Alors que, [...]