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Will the FED Drive The US Dollar Down In The Latest Currency War?

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Will the FED Drive The US Dollar Down In The Latest Currency War?   The greenback fell against other major currencies on Wednesday, in the wake of cautious comments from the Federal Reserve on Tuesday and disappointing sales data for new homes. The US dollar index, which compares the US dollar to six other major currencies, was down to 94.30 …

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The Greenback, The Best Horse In The Forex Glue Factory

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Greenback Rises Despite Discouraging Data   On Wednesday, the US dollar posted gains against most of the major currencies, flying in the face of discouraging economic news. The US dollar index, which measures the strength of the American currency against a basket of other major currencies, managed to climb to 94.34, a gain of 0.21%. The dollar was also up …

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US Economic Data Disappoints And The Greeks Cut A Deal…

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US Economic Data Disappoints And The Greeks Cut A Deal…   The greenback fell against most other major currencies on Tuesday in the wake of troubling economic reports on Monday. The euro was given further impetus against the US dollar by emerging expectations that Greece could potentially reach a new accommodation with its international creditors. EUR/USD was up slightly to …

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MQL Forexshark Signal Indicator Free FX News For January 28, 2015

currency wars

MQL Forexshark Signal Indicator Free FX News For January 28, 2015 GBP/USD is currently trading at about 1.5160, GBP/EUR is at 1.3370, so GBP/EUR is a little bit lower than where it was this time on Tuesday and GBP/USD is a little bit higher. A poor Durable Goods Orders number from the United States on Tuesday weakened the US dollar. …

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The Big ECB Announcement Is Like Christmas Eve For The Forex World…

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The Big ECB Announcement Is Like Christmas Eve For The Forex World… GBP/USD is currently trading at about 1.5160, GBP/EUR is at about 1.3120, so GBP/EUR higher than where it was this time on Tuesday and the GBP/USD is also a little bit higher. There’s not really too much to do around the GBP/USD moving lower over the course of …

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Forex Signal Provider Update On Copper Getting Hammered Just Like Oil

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Forex Signal Provider Update On Copper Getting Hammered Just Like Oil GBP/USD is currently trading just above the 1.5200/1.5210 level, GBP/EUR is about 1.2895 (just trying to break into those 1.29’s). Sterling’s higher over the course of Tuesday’s session despite a fall in inflation to the joint lowest level since comparable records began back in 1989. CPI came in at …

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Greece Pulls the Euro to a 2-Year Low, Now What?

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Greece Pulls the Euro to a 2-Year Low The political crisis in Greece was able to pull the Euro to a 2-year low against the US dollar after Prime Minister Antonis Samaras who’s pro-austerity failed in a 3rd try to garner parliamentary support for his candidate Stavros Dimas for the presidential post. Antonis has gone on to say that he’ll …

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Market Muddled in Risk Aversion, USD Soft ahead of FOMC Meetings

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Market Muddled in Risk Aversion, USD Soft ahead of FOMC Meetings GBP/USD is currently trading at about 1.5725, GBP/EUR is at about 1.2625, so GBP/EUR is moving higher than where it was this time on Tuesday and the GBP/USD is also higher as well. Obviously, the main movement in FX market at the moment continues to be the Russian Ruble. …

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Deflation In China Could Mean Stimulus Is Coming Quicker Than You Think…

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Deflation In China Could Mean Stimulus Is Coming Quicker Than You Think… GBP/USD is currently trading at about 1.5685, GBP/EUR is at about 1.2670 as the market opens up in Europe. It was a particularly interesting day on Tuesday, one of those which is really kind of nowhere and the market responds with a little bit of a panic. Normally …

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US Dollar Rises On Construction Spending, But Does It Last?

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US Dollar Rises On Construction Spending, But Does It Last?   On Tuesday, the greenback showed strength against most major currencies, buoyed by news that construction spending increased more than expected in October. The upward move was accelerated further by demand for the currency as a safe haven, as investors worried about the European Central Bank’s upcoming monetary policy announcement …

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