The 1-0 over-time victory of Spain over the Netherlands in yesterday's World Cup Final has generated an interesting question among market analysts. Does this victory put optimism and positive sentiment back into Spain's crumbling economy? Can it boost short-term growth enough to add further momentum to the euro's latest gains against its primary rivals?

Summary

USD - USD Sinking Under Weight of Risk Appetite

EUR - Does Spain's Victory in the World Cup Help the EUR?

JPY - Kan's Democratic Party Defeat Saps JPY Strength

OIL - Chinese Imports and Weak USD Boost Oil above $76

oil | weak | jpy | kan democratic party | eur | USD | economy | sentiment | positive | Netherlands | risk appetite | victory | world cup | spain | currency | analysis | technical | fundamental | trend | market

Analysts have begun to make positive statements regarding China's latest announcement that it may consider an easing of the rigidness of their monetary policy. This could result in the Chinese yuan being allowed to appreciate normally and boost risk appetite and market optimism in regards to a speedier recovery. It appears traders are scanning the horizon for a silver lining and China is believed to have come to the rescue, finally. But has it?

Summary

USD - Will China's Latest Move Kick-Start a Global Recovery?

EUR - EUR in Recovery as Risk Appetite Gets Boost from China

JPY - Will New Japanese PM Respond to China with a De-Valuation?

OIL - Crude Prices in Appreciation on Boosted Demand and Weak USD

Forex | daily market trend | analysis | news | fundamental | technical | yuan | speculation | USD | decline | china | announcement | monetary policy | risk appetite | market | Japanese pm | crude prices | demand

After several weeks in which the Dollar appreciated repeatedly against the Euro, the Euro is showing its first signs of recovery. The rising risk appetite in the market is the main reason for the strengthening Euro, but will it continue?

Summary

USD - Dollar Weakens As Risk Appetite Soars

EUR - Euro Rallies as Stocks Continue To Rise

JPY - Yen Drops against the Majors; BOJ Leaves Rates At 0.10%

OIL - Crude Oil Rises Above $77 a Barrel

Forex | daily market trend | analysis | news | fundamental | technical | euro | dollar | risk appetite | signs of recovery | market | boj | rates | crude oil

The USD declined against the EUR yesterday as anxiety over Greece's debt situation is losing ground. Also better than expected economic data from the U.S and Europe helped boost risk appetite, pushing investors to riskier currencies and commodities.

Summary

USD - USD Drops on Renewed Risk Appetite

EUR - Waning Concerns over Greece's Debt Boost EUR

JPY - Yen Drops on Signs of Stronger Global Recovery

OIL - Crude Gains Close to 4%

Forex | daily market trend | analysis | news | fundamental | technical | Greece | debit | concerns | decline | economic | data | risk appetite | global recovery

Comments by Fed Chairman Ben Bernanke surprised many investors as he joined the rallying cry for a stronger Dollar, which may lead to strength for the USD in the days ahead. On the other hand, the USD still faces downward pressure from sudden spikes in risk appetite following positive news reports as its safe-haven status has not yet diminished. After last week's drop in consumer confidence, safe-havens like the USD and JPY have begun to regain some of their strength.

Summary

USD - Bernanke Statements Diminish USD in Short-Term; Strength Ahead?

EUR - EUR Bearish following Consumer Confidence Drop

JPY - JPY Gaining from Rising Risk Aversion

Crude Oil - Oil Prices Defy Strengthening USD, Breach $80

forex daily market | forex trend | forex analysis | forex news | daily forex analysis | technical news | technical analysis | USD | risk aversion | risk appetite | consumer confidence | fed chairman | ben Bernanke

The Yen slid against its major currency counterparts and the Dollar posted mild losses against all currency pairs except the Yen following a rally in global equity markets. The rally prompted investors to turn to higher yielding riskier assets and away from the safety of the USD and JPY. With risk appetite the main focus for today's trading and while market conditions remain mixed, traders should follow the vital economic data to be released today from the U.S and Europe as this will provide direction to the market for today's trading.

Summary

USD - Dollar Plummets as Wall Street Rallies

EUR – EUR/USD Climbs Ahead of Economic Sentiment Publication

JPY - Yen Collapses Against the Majors

forex daily market | forex trend | forex analysis | forex news | daily forex analysis | technical news | technical analysis | USD | risk appetite | dollar losses | currency pairs | yen | risk assets | vital economic data

Risk appetite among investors continues to fade ahead of the second quarter earning season. With growing fears over disappointing earnings numbers due too weak consumer consumption, investors continue to turn to the safe haven USD and JPY and away from riskier currencies. The strong Dollar and falling equities continue to hurt Oil, with Prices reaching $62 a barrel.

Summary

USD - Dollar's Recovery Continues

EUR – The EUR Loses Momentum

JPY - Yen Climbs against Majors

forex daily market | forex trend | forex analysis | forex news | daily forex analysis | technical news | technical analysis | USD | risk aversion | risk appetite | trading fear | weak consumer consumption | investors safe | away from risk currency