Category Archives: News
Euro Retreats as Ecofin Summit Looms
After the strongest 1-week rally for the Euro in more than three months, the EUR eased back from a 6-week peak against the USD. Continue reading
Exporters’ Buying Pushes Yen Higher
The Japanese Yen edged higher after a buying spree from exporters, but the rough patch may not be over. Continue reading
US Dollar and the Fed Announcement
Yesterday’s Fed announcement showed a more dovish sentiment than expected. See what this means for USD. Continue reading
Yen Hits 1 Month Low on Trade News
The Japanese Yen just hit a one month low after Japan recorded a trade deficit. How will this affect your trading? Continue reading
Euro Retreats from 3-Week High
The Euro retreated yesterday from a 3 week peak. See how this will affect your Forex trading this week. Continue reading
Euro Cools But Could Gain More Momentum
The Euro had earlier continued to grind higher against the U.S. Dollar, but is now taking a breather in Asian trading while hovering close to a 2-week high. Continue reading
Euro Rally Continues on IMF Hopes
The Euro continues to rally in Asia trading on the news that the IMF intends to bolster its funds in order to help the Eurozone’s leaders tackle the ongoing crisis there. Continue reading
World Bank Cuts GDP Predictions
In a report published today, the World Bank dramatically reduced its global economic growth expectations for the coming years, a sign signaling to both investors and global leaders that the Bank expects another global economic crisis. Continue reading
Euro Gets a Lift from China Data
Short covering helped to push the Euro pushed higher during the Asian trading session as higher risk assets gained support following news that China’s economy slowed less than previously expected in the last quarter of 2011. Continue reading
Euro Falls on S&P Downgrades
Following the downgrades of France and Austria on Friday, and the threat of several more before the week is out, the Euro is under fresh pressure, and touched on an 11-year low against the safe haven Japanese Yen. Continue reading
