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Forex Market News

The latest news from the world of forex trading

GBPUSD Bull Breakout Target 1.6877 Next; April Risk to 1.7000/42

Cable ($GBPUSD) bull theme re-energizing We stated in our last report to clients on Wednesday that “we look for the 1.6625 level to hold this week to provide a platform for a push back higher, given the early April ral...

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Are you prepared for the rare event of a four-day holiday weekend?

Treasury managers across the planet for multinational corporations are scurrying about this week in preparation for an event that rarely happens during the year – a fou...

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AUDUSD dip to try to hold .9305/00; April bull risk to .9535/40 target

AUDUSD bull pressures intact as modest support holds.20 A setback within the current digestion range to nudge below modest rebound support at .9370/65, but whilst above a...

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    Will Ben Bernanke Launch a QE3?

    The question of what Ben Bernanke will do once the bond purchase program expires in June is regarded as the most important determinant of long-term market direction by those who believe that the... Read More

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    China PMI Rises, Payrolls Expand, Markets Rally

    NFP rose by 216,000 workers in March after a revised 194,000 gain in February, according to numbers released today, mostly in line with expectations. The jobless rate dropped to 8.8 percent from 8.9... Read More