Mid-Day Global Currency Trading News Update
Mid-Day Global Currency Trading News Update Not a great deal going on today in the markets in terms of numbers. We already have the German PPI out this morning, with the yoy number up 0.1%, which was well below the 0.4% that we saw last time. This was mostly affected by the German fallen commodity prices that will also be …
Forex Trading Report – May 14th 2013
Forex Trading Report – May 14th 2013 EUR/USD The pair remained in a short range of around 50 points on Monday where it couldn’t find a clear direction; neither did it manage to break its Friday’s low of 1.240. Currently the pair is hovering over the level of 1.3002 where a break below 1.2995 could lead it to test …
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Forex News Alert: Poor German Data Pushes Euro Lower
Forex News Alert: Poor German Data Pushes Euro Lower Euro (EUR) The single currency skidded to two-week low versus the greenback Tuesday. Weaker than expected German data fueled concerns over the struggling European economy, and gave ECB one more reason to cut interest rates. Private sector of the Europe’s largest economy shrank in April. The euro declined 0.7 percent versus …
Global Forex Trading Market Morning Update
Global Forex Trading Market Morning Update The GBP/USD is currently trading at 1.5320, GBP/EUR is at 1.1709, and both pairs are just a bit lower (around 10 pips lower). So roughly unchanged for the day, with most of the market movements for the day away from Sterling markets, it was commodity markets and those currencies with a high correlation to …
Research Report on Forex And Gold – April 9th, 2013
Research Report on Forex & Gold – April 9th, 2013 Brief Headlines The US dollar index rose on Monday in a sideways direction, where Eur/Usd managed to sustain above 1.3000 level and move further upwards to 1.3050 region, as the German Industrial Production data came out to be much better than previous month’s one. Usd/Jpy continue to have …
Forex Signals News For April 5, 2013
Gains of the Previous Session Erased on Current Session European stock markets are trading weaker at the moment. The UK’s FTSE 100 index is currently down about 0.3%, while the Euro Stoxx 50 index is lower by 0.6%. In the currency market the Euro is steady against the US dollar, it’s around about 1.2800 (weaker on the day, but still …
Forex News Alerts For March 20, 2013
FOREX NEWS ALERTS 03.20.2013 Traders still have their heads turned towards the situation in Cyprus as policymakers vote on bank levy and bailout measures later today. Voting has been postponed and the openings of public banks delayed as the saga takes center stage in global markets. The ECB stepped in to reassure markets that Cypriot banks will continue to be …
Forex Market Whispers For March 15, 2013
With equities grinding higher, forex markets have taken their cues from economic data releases and central bank developments this week. While EURUSD pushed slightly higher yesterday, it was cable that made the most impressive gains out of the two. GBPUSD climbed over 150 pips on the session to poke its head through the 1.50 level. GBPUSD finished the day’s trading …
Forex Market Rumors For March 13, 2013
FOREX UPDATE – 03.13.2012 Forex market rumors have been subdued this week with most pairs continuing their recent trends and the dollar remaining resilient at current levels. Volatility in the markets has dropped as the S&P500 nears its all-time high. Once this level has been breached it’s likely that we will see some volatility return to the markets as quiet …
