Forex news

Today may turn out to be one to remember. The European Central Bank will be holding their monetary policy meeting and they are widely expected to raise their interest rate for the first time since 2008 with a .25% increase. Since the move is expected, if it were not to take place - it would be nearly unbelievable and cause an instant [...]

The broad markets turned cautious on Monday as the USD basically stood in place against the EUR and GBP with limited range movement. The JPY continued to languish near the weaker parts of its value and the AUD gave back a sliver of ground. It appears that Central Banks are casting a heavy shadow on the markets taking into consideration that [...]

The USD continued to decline in value against the EUR, GBP, and AUD on Friday. The Greenback continues to find itself on the weaker side of its ranges versus the above. The Forex market essentially has essentially put the USD to the test as risk appetite continues to increase among investors. The JPY however has continued to decline even [...]

There will be little room for any April Fools jokes going into the trading day taking into context the state of the broad markets and the amount of concerns that shadow. The equity markets led by Wall Street turned in an extremely good first quarter result and as we start the second business quarter today investors will be wondering if [...]

The JPY lost more ground to the USD in trading on Tuesday. The EUR and GBP also were weaker against the Greenback within the FX market. The USD performed well as risk adverse trading became the prevailing sentiment for the day. The States turned in a disappointing CB Consumer Confidence number and a very poor HPI from Sandamp;P/CS. The [...]

Range trading was the primary theme for the broad markets on Monday. The USD traded slightly weaker against the EUR and was rather consolidated against most of the other major currencies. The day’s trading sentiment continued to be generated from the Japanese crisis, the Middle East developments, but also the wrangling that is [...]

The USD held its ground against the EUR and GBP on Friday and picked up some steam against the JPY. Wall Street finished the week with another round of positive moves. However the strong USD doesn’t necessarily mean that all is wine and roses in terms of economic outlooks. The University of Michigan Consumer Sentiment reading came in [...]

The Final GDP number will come from the States today, but it is nearly certain that this will not be the main mover of the broad markets on Friday. Investor sentiment finds itself tangled in a whirlwind of emotions due to international developments which have proven relentless. The Japanese crisis continues to spark chaos in the Asian [...]

While the Japanese crisis remains important and the Libyan situation continues to develop, it is news from Europe that irked investors on Wednesday. After saying that the emergency fund had been agreed on for its nations that are experiencing financial difficulties, the E.U. has let it be known that in fact not all details have been [...]

Broad markets turned cautious on Tuesday as bourses experienced lackluster results and declines. The USD emerged stronger against the EUR as Sovereign Debt talk ramped up as the E.U. announced that they have agreed on a debt relief emergency fund – the details of which will be released relatively soon. Having said this, the EUR remains [...]