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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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