Greek elections’ historic outcome and its effect on the Euro. By Maria Orphanidou

    Greek elections’ historic outcome and its effect on the Euro by Maria Orphanidou, MPF Global Markets Dealer     In late December the Greek Parliament was called to elect the country’s new president. Greece announced snap elections due to the fact that the Parliament did not side with …

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  GBP/JPY   The pound traded at the lowest against its Japanese counterpart since end-October 2014 on the wake of the weekly session and after the key elections in Greece ended over a victory for anti-austerity party SYRIZA. Despite the upbeat data from UK Retail Sales released on Friday the pound fell …

Daily Market Outlook, January 27, 2015, 08:45 GMT, by Maria

January 27, 2015, 08:45 GMT     Top headlines:   • The euro stabilizes as the markets digested the Greek elections’ outcome • The Fed starts its two-day meeting today • The US dollar remains modest ahead of Wednesday’s Fed’s statement • Less need for safe haven softens the Swiss franc …

Daily Market Outlook(European Recap.) January 26, 2015, 17:00 GMT, by Julio

January 26, 2015, 17:00 GMT     Top headlines: • Alexis Tsipras has formed  for coalition party with Greek Independent party  • USD/CAD rises to fresh new highs • EUR/CHF retraces its loses – back to parity • AUD/USD steady near 5 year lows   OVERVIEW: The euro held gains against …

Technical Analysis – Currency of the Day: EUR/USD (European session recap), January 26, 2015, 13:45 GMT, by Maria

    EUR/USD   The euro slid to a fresh 11 ½ -year low against the US dollar earlier in Asia following the Greek parliament snap elections outcome. The pair touched 1.1096 on the announcement that the anti-austerity leftist Syriza party has won the elections. Syriza promised to roll back austerity …

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January 26, 2015, 10:30 GMT     Top headlines: • The Anti-austerity SYRIZA party wins elections – EUR reacts • UK GDP on the focus • Markets turn to FOMC this week  • EUR/JPY advances after previous week’s loses   OVERVIEW: The euro fell against its major counterparts after …

Technical Analysis – Currency of the Day: EUR/USD, January 26, 2015, 08:15 GMT, by Maria

  EUR/USD   The euro slid to a fresh 11 ½ -year low against the US dollar earlier in Asia following the Greek parliament snap elections outcome. The pair touched 1.1096 on the announcement that the anti-austerity leftist Syriza party has won the elections. Syriza promised to roll back austerity …

Daily Market Outlook, January 23, 2015, 10:45 GMT, by Maria

January 23, 2015, 10:45 GMT   Top headlines:   • The ECB will make monthly purchases of €60 billion per month, starting in March and continuing until late 2016 • The euro collapses on the ECB announcement of the QE program • The dollar gains broadly on US jobless claims releases • Upbeat UK …

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January 22, 2015, 15:00 GMT     Top headlines: • Draghi announces Purchase Program •  US dollar holding steady against the Japanese Yen • New Zealand dollar new fresh lows • Canada Inflation tomorrow in focus    OVERVIEW: The EUR plunges against all of its major counterparts after ECB …