Forex Market News
The latest news from the world of forex trading-
A Closer Look At the Aussie Dollar And Where It May Be Headed
July 28, 2010 at 12:08 PM • CommentDuring the 2008 Global Credit Crisis, Central Banks around the world united in a concerted effort to stave off the next Great Depression, by slashing short-term interest rates to historically low levels. The... Read More
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A Lacklustre Day in an Barely Moving Market
July 27, 2010 at 4:40 PM • CommentToday was an uninteresting day, as stock markets rose and fell depending on the location and the time of the day with little overall movement. U.S. markets were mostly unchanged, the Euro held... Read More
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How High Could The Euro And Pound Go?
July 27, 2010 at 10:14 AM • CommentThe EUR/USD and GBP/USD have made incredibly strong moves to the upside in the month of July. In fact, the degree of momentum and volatility in the bullish rally in both of these... Read More
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Stock Markets All Over the World on Optimism About Growth and the Stress Test Results
July 27, 2010 at 10:10 AM • CommentAround the world, stock markets have been rallying today, while EURUSD has barely risen above the 1.30 mark, which may prove to be a major test of its resilience. We, on the... Read More
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Weekly Recap and Outlook for USDJPY - 7/26/2010
July 26, 2010 at 4:45 PM • CommentUSDJPY gained overall last week in the absence of any major economic releases from Japan, with the exception of the BOJ's Monetary Policy Meeting Minutes from its June 14-15th meeting that were released... Read More
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Weekly Recap and Outlook for USDCAD - 7/26/2010
July 26, 2010 at 4:42 PM • CommentUSDCAD declined significantly last week, giving back all of the previous week's gains. The Loonie started picking up steam on Monday as Canadian Foreign Securities Purchases showed an increase of almost 11B coming... Read More
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Weekly Recap and Outlook for NZDUSD - 7/26/2010
July 26, 2010 at 4:38 PM • CommentNZDUSD showed considerable strength last week as renewed risk appetite drove the rate higher. The rate started on a soft note with the pair gapping down on the Monday opening. NZDUSD then made... Read More
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Weekly Recap and Outlook for GBPUSD - 7/26/2010
July 26, 2010 at 4:36 PM • CommentGBPUSD began the week trading lower on Monday as the U.K. Rightmove HPI declined by -0.6% versus an increase of 0.3% for the previous reading. The rate firmed somewhat on Tuesday, despite U.K.... Read More
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Weekly Recap and Outlook for EURUSD - 7/26/2010
July 26, 2010 at 4:33 PM • CommentEURUSD began the week on a positive note despite negative news on several fronts, including the E.U. and the IMF suspending talks with Hungary which was urged to cut its budget deficit before... Read More
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Weekly Recap and Outlook for AUDUSD - 7/26/2010
July 26, 2010 at 4:29 PM • CommentAUDUSD gained considerable ground last week as renewed appetite for risk returned to the markets. The pair began the week trading off of its weekly low of 0.8632 made on Monday before rallying... Read More
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