Forex Market News
The latest news from the world of forex trading-
Weekly Recap and Outlook for GBPUSD - 10/04/2010
October 05, 2010 at 11:52 AM • CommentGBPUSD saw several volatile trading sessions last week as traders increasingly speculated about the possibility of more quantitative easing from the Bank of England. Cable began the week by consolidating within a limited... Read More
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Weekly Recap and Outlook for EURUSD - 10/04/2010
October 05, 2010 at 11:47 AM • CommentEURUSD substantially extended the gains it made the preceding week during last week's trading sessions, as the Greenback continued falling versus all of the other major currencies for the second week in a... Read More
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Weekly Recap and Outlook for AUDUSD - 10/04/2010
October 05, 2010 at 11:40 AM • CommentAUDUSD persisted in heading even higher last week as gold traded to yet another fresh all time high last Friday. The rate began the week by consolidating its gains from the previous week... Read More
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Weekly Recap and Outlook for the U.S. Financial Markets and Dollar - 10/04/2010
October 05, 2010 at 11:12 AM • CommentThe U.S. Dollar weakened across the board against all the major currencies for the second consecutive week last week as U.S. Federal Reserve officials expressed their support for yet another round of economic... Read More
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U.S. Dollar Finds Support As Global Markets Cool
October 04, 2010 at 4:45 PM • CommentMonday was a rough day for equity markets and risk appetite around the world as the Dow Jones and S&P 500 both fell nearly 1% on the day. September was a very... Read More
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3-Month Euribor Jumps to the Highest Level of 2010, Indicating Significant Tensions in the Intervank Market
October 04, 2010 at 3:44 PM • CommentOn Thursday and Wednesday, European banks rolled over a portion of the expiring long-term refinancing operations of the ECB, bidding E104 billion during the 3-month auction that was enacted on Wednesday. A Reuters... Read More
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International Impact of a Weak U.S. Dollar
October 04, 2010 at 10:36 AM • CommentThe U.S. Dollar has taken a savage beating in the month of September as investors have continued to price in further quantitative easing measures from the Federal Reserve. The dollar was already losing... Read More
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Fed Promises More Easing, Markets Rally
October 01, 2010 at 4:56 PM • CommentComments from New York Fed Chief William Dudley, and Chicago Fed President Evans have determined the tone of trading in the U.S. today. The regional central bank presidents have made it clear that... Read More
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