Author Archives: info@dailyforex.com
Euro’s Pressure Relentless
The Euro continues to remain under pressure and vulnerable after European Central Bank head raised expectations that monetary policy in the Eurozone is about to undergo a shift to a looser strategy. Get the full Forex news update here. Continue reading
Euro Feels the Pressure
Investors’ expectations of a looser monetary policy from the European Central Bank are continuing to grow and weighing on the Euro in Asian trade. Base your trades on the latest news in the Forex world here. Continue reading
Trading During the Late May 2014 Holiday
Monday, May 26, 2014 is a public holiday in both the U.K. and the U.S.A. The U.K. and the U.S.A. are the major financial centers driving volume in the Forex market, so we can expect this day to have very low volatility and price movement. Continue reading
Dollar Firms on Data
Improved economic data from the U.S. helped to push the greenback to a 1-week peak versus the Japanese Yen while it maintained its position against the common currency Euro. Get the updated Forex news here before the weekend begins. Continue reading
Improved Chinese PMI Whets Risk Appetite
An unexpected but welcome improvement in China’s Purchasing Manager’s Index helped to improve risk appetite broadly, sending the safe haven Japanese Yen lower and the Australian Dollar higher. Continue reading
BOJ Announcement Could Weigh on Yen
Just ahead of the Bank of Japan’s policy announcement the U.S. Dollar remained close to a 3-month trough versus the Japanese Yen. Continue reading
Yen Higher as Easing Likelihood Wanes
The Japanese Yen remained closed to a 3-month peak versus the greenback and the common currency Euro as speculation wanes that the Bank of Japan is likely to provide further stimulus. Continue reading
Euro Traders Await PMI for Direction Hints
The Euro steadied during trading in Asia on Monday after two difficult weeks which saw the Euro lose more than 1% against its American rival, the U.S. Dollar. Continue reading
Bearish Trend for Euro Endures
The Euro remained close to a 6-week trough versus its U.S. counterpart as dovish expectations of a possible interest rate cut by the European Central Bank continue to grow. Continue reading
Euro Pressure Mounts on Easing Prospects
The Euro held close to a 5-week trough versus the U.S. Dollar as investors’ speculation intensifies and reevaluates the likely next move of the European Central Bank. Continue reading
