Category Archives: News

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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