Forex news

The broad markets produced a day of range trading on Wednesday as the after effects from the Bank of Japan’s intervention were digested along with continuing mixed data from a variety of international spheres. The USD languished against the EUR and GBP. The U.S. released disappointing Empire State Manufacturing Index results with a mark [...]

Yesterday and early today may well go down as the sounding bell for the newest wave of volatility in the broad markets. The USD lost swiftly to the EUR in trading yesterday, but divergence was evident as Wall Street struggled. Retail Sales figures were released yesterday and did better than expectations, but inventory numbers came in [...]

USD The USD lost ground to the EUR in early trading on Monday as the effects of the Basel III accord brought clarity into the markets – supposedly. The U.S. did not release much in the way of data yesterday leaving the broad markets without much direction as the day progressed. Sentiment remains fragile and investors may be gearing [...]

USD The USD finished off on a strong note going into the weekend as cautious trading stayed the ‘golden rule’ without much in the way of economic data to examine. Adding to the rather tentative nature of the broad markets was a shortened week due to the Labor Day celebration’s earlier. Wall Street gained on Friday, but the numbers [...]

With summer almost in the rear view mirror and investors returning from the Labor Day holiday, the USD gained against the EUR and GBP swiftly. There was no major data from the U.S. on Tuesday, but risk sentiment took a hit as market participants returning to their desks were struck with various news accounts internationally that Greece [...]

A flat day of trading pervaded the broad markets globally on Monday with the Americans absent because of the Labor Day holiday. There was little in the way of economic data released too, and this helped make for a cautious day of movement. Today will remain fairly light with statistics as Germany releases its Factory Order figures, but [...]

The week will start on a quiet note because of the Labor Day holiday in the States. Before going into the weekend mixed data surrounded investors once again and gave both bulls and bears more reasons to foster a debate. While the Non Farm Employment Change numbers were better than expected, the ISM Non Manufacturing PMI was disappointing. [...]

The USD traded in range yesterday as the broad markets turned in tentative results as investors await today’s Non Farm Employment Change numbers from the States. The weekly Unemployment Claims almost hit the estimated mark head on Thursday, but the Factory Orders in the U.S. were weaker. Today’s jobless number is forecasted to be [...]

USD The markets showed just how divergent they can be on Wednesday. Wall Street finished the day with large gains, supposedly based on the positive numbers coming from the ISM Manufacturing PMI. The USD traded weaker against the EUR before this data had come out however, and the greenback managed to still gain against the GBP. Also [...]

USD The USD traded in range against the EUR on Tuesday and managed to gain a bit versus the GBP. Trading remained rather tentative as the U.S. produced a mixed bag of data for investors to study before the onslaught of jobless releases gets underway today. While the SP/CS Composite-20 HPI and the CB Consumer Confidence readings both [...]