Forex Market News

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  FX Market Action Showing Signs of Weakness in Euro and Pound

  October 13, 2010 at 11:40 AM • Comment

  The FOMC Report came out basically as expected yesterday afternoon, as the Federal Reserve stated it is ready to inject further stimulus measures into the economy in a relatively short amount of time. "Many... Read More

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  Markets try to Stage a Correction in the QE2 Trend, but Fail, as the Fed Revives the Euro

  October 12, 2010 at 4:07 PM • Comment

  For much of today the dollar was up against most of its peers, yet highly dovish FOMC minutes eventually turned the mood and sent the Euro up strongly in expectation that the Fed... Read More

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  Will This Dollar Rally Continue?

  October 12, 2010 at 1:40 PM • Comment

  The dollar is showing subtle signs of strength for the first time in several months.  The latest speculation that the Federal Reserve may in fact hold off on further quantitative easing measures has... Read More

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  Central Bank Monitor: BOJ Eases, RBA, ECB and BOE on Hold, FOMC Minutes Coming Up

  October 12, 2010 at 9:49 AM • Comment

  Last week saw several major central banks make rate decisions and issue their respective announcements after the release of their benchmark rates. The central banks that made rate decisions last week were the Reserve... Read More

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  BOJ Steps Aside Leaving Market to Take the Yen to New Highs

  October 12, 2010 at 9:44 AM • Comment

  The Japanese Yen made new all time highs against the U.S. Dollar last week, thanks in part to the BOJ's decision to hold off on intervention for the time being. In late September,... Read More

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  Aussie Hits Post Float High as Gold Trades to New All Time Highs

  October 12, 2010 at 9:37 AM • Comment

  The price of gold made a new all time high of $1,364.78 per ounce on Thursday, with the Australian Dollar close behind as the AUDUSD rate also made a fresh recent high... Read More

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  Weekly Recap and Outlook for USDJPY - 10/11/2010

  October 11, 2010 at 4:58 PM • Comment

  USDJPY persisted in falling to fresh lows yet again last week as the U.S. Dollar weakened even further in the face of consistent strength seen in the Japanese Yen. The pair began last... Read More

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  Weekly Recap and Outlook for USDCAD - 10/11/2010

  October 11, 2010 at 4:55 PM • Comment

  USDCAD continued to slide last week as the Greenback posted additional losses versus all of the other major currencies. The rate started the week off with a strong tone on Monday, buoyed by... Read More

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  Weekly Recap and Outlook for NZDUSD - 10/11/2010

  October 11, 2010 at 4:51 PM • Comment

  NZDUSD continued to rise during last week's trading as the Greenback dropped further versus all of the other major currencies, the Aussie traded to post-float highs and the price of gold made fresh... Read More

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  Weekly Recap and Outlook for GBPUSD - 10/11/2010

  October 11, 2010 at 4:46 PM • Comment

  GBPUSD gained some ground last week after showing only a minor rise the previous week as the U.S. Dollar softened across the board against all of the other major currencies. Cable started the... Read More