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Forex Market News

The latest news from the world of forex trading

USDJPY Falters at Our 107.50 Barrier; Initial Risk Back to 106.15 and 105.50

USDJPY top and bear bias intact to aim lower for 104.80/69/47 into late October Despite a Monday probe above modest resistance at 106.75/80 a failure as expected, back from ahead of a better barrier at 107.50. Whilst bel...

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As markets recover from Dollar whiplash, the focus is growth and inflation

Financial markets are finally showing signs of stability today, as traders take a deep breath after the past few weeks of increased volatility. The S&P 500 index corr...

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EUR/USD Stagnant as New Trading Week Begins

EUR/USD Stagnant as New Trading Week Begins   Figure: Hourly chart for EUR/USD The Euro remained pretty stagnant in the early morning trading session against the dollar...

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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